Deals10 Sept 2025, 11:04 am
Laxmi Organic Industries Ltd Signs Global Sourcing Agreement with Hitachi Energy Limited for Supply of Eco-efficient Gas
AI Summary
Laxmi Organic Industries Limited has entered into a Global Sourcing Agreement with Hitachi Energy Limited, Zurich, Switzerland for the supply of an eco-efficient gas used in Hitachi Energy’s SF6-free high-voltage switchgear portfolio. The agreement has a time period of 5 years and the overall size of the contract is approximately ₹ 75 crores. This is not a related party transaction.
Key Highlights
- Laxmi Organic Industries Ltd has signed a Global Sourcing Agreement with Hitachi Energy Limited, Zurich, Switzerland.
- The agreement is for the supply of an eco-efficient gas used in Hitachi Energy’s SF6-free high-voltage switchgear portfolio.
- The agreement has a time period of 5 years.
- The overall size of the contract is approximately ₹ 75 crores.
- This is not a related party transaction.