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Salzer Electronics secures LoI worth Rs 18.70 crore

19 Dec 2016 Evaluate

Salzer Electronics has secured a Letter of Intent (LoI) worth Rs 18.70 crore from Energy Efficiency Services (EESL), a Joint Venture Company of PSUs of Ministry of Power, Government of India for designing, manufacturing, supplying, installing, commissioning, testing and maintaining of lighting controls (Centralized Control & Monitoring System-CCMS) for installed LED streetlights in the Urban Local Bodies, Varanasi (Uttar Pradesh), Jalna (Maharastra) and Jharkhand.

Salzer is a Leading player offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables and Energy Management business. The Company caters to a wide range of products with five In-house manufacturing facilities, located in Coimbatore and Himachal Pradesh.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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