Rishabh Instruments’ Material Subsidiary -- Lumel S.A. situated in Zielona Gora, Poland has won a Project for Development of innovative control and protection devices for strategic areas of the energy industry and innovative technology for their production, based on a fully automated production process and quality control of devices under European Funds for a Modern Economy Program, Priority 1 for proposals FENG.01.01-IP.01-003E/23, European Funds for the Support for Entrepreneurs, Recruitment FENG.01.01-IP.01-001/23 - SMART Path. The execution of this project will be over the course of next 3 years. Total Cost of the Project is Rs 37.12 crore. Eligible cost of the project is Rs 30.75 crore. Subsidy Amount is Rs 12.82 crore.
Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including power, automotive and industrial sectors.
