Rishabh Instruments Limited subsidiary wins European Union project for innovative control and protection devices

Rishabh Instruments Limited's material subsidiary, Lumel S.A. based in Zielona Gora, Poland has won a project for the development of innovative control and protection devices for strategic areas of the energy industry under the European Funds for a Modern Economy Program. The project will be executed over the course of next 3 years and has a total cost of 371.18 million INR, with an eligible cost of 307.53 million INR and a subsidy amount of 128.21 million INR. The company has received 15/25 awarded points for the project.,