Rishabh Instruments' Subsidiary Lumel SA Signs €5mn Contract with Leading German Energy Company

Rishabh Instruments Limited’s (RIL) wholly owned subsidiary, Lumel SA, has signed a significant contract with a leading Germany based company operating in the energy sector. The contract, valued at €5 million (~ Rs 50 Crores), covers the supply of advanced electronic devices that will play a critical role in supporting industrial automation initiatives within the energy industry. This agreement is valid through the end of 2026, with strong potential for extension based on performance and evolving project needs. This strategic partnership stems from several months of collaborative development and engineering efforts between the teams at Lumel SA and the German company. The resulting products are tailored solutions, engineered to address the specific technical and operational requirements of the energy sector. This agreement marks a significant milestone in Lumel SA’s international expansion strategy, highlighting its continued commitment to innovation and delivering high-performance solutions that drive efficiency and reliability across global energy systems.