Fast-growing Energy Services Company Seeking Funds
by Charmi Gutka
A leading certified energy saving equipments maker for reactive compensation and service provider to the electricity utilities and industrial units, backed by engineer-promoters with over two decades of experience in the industry is seeking funds for growth.
The company has partnered with a MNC for cost benefits and has orders over R100 Cr.
With the Japanese interest tale continuing in the country, Panasonic Corporation is forming a 60:40 JV with Minda Industries to develop, manufacture and sell lead acid storage batteries in India with an investment of INR 1,600 Mn.
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