StockWatch
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Civil Construction
Partnership20 May 2026, 07:41 pm

Power & Instrumentation Receives LOI from Greaves Cotton

AI Summary

Power and Instrumentation (Gujarat) Ltd. has received a Letter of Intent (LOI) from Greaves Cotton Limited to act as a channel partner for the sales of DG Sets in select cities of Gujarat. This arrangement is expected to strengthen the company's business presence in the energy solutions segment and enhance growth opportunities in Gujarat. The LOI is valid from May 15, 2026, to November 11, 2026.

Key Highlights

  • Power & Instrumentation to act as channel partner for Greaves Cotton.
  • The partnership focuses on DG Set sales in Gujarat.
  • LOI valid from May 15, 2026, to November 11, 2026.
  • Arrangement aims to strengthen business presence in energy solutions.