Easun Reyrolle, through its wholly owned subsidiary and overseas investment body, ERL International has acquired 82% equity and ownership control in an Australian Company, Electrical Distribution Solutions (EDS).
Recently, ERL India obtained order from EDS to supply Medium Voltage Switchgear products to Australian Utility, Energex in the State of Queensland. The total supply value of this order is $84 million to be supplied over next 7 years. Energex manages energy distribution networks of the State of Queensland for more than 100 years. The above synergic and strategic acquisition would help ERL India establish and hold presence in prospering Australian power transmission and distribution market.
Easun Reyrolle established in 1980, is a leading Company providing complete range of Power Management Products, Systems, Solutions and Services spread across Generation, Transmission, Distribution and Industrial Application Segments.
| Company Name | CMP |
|---|---|
| Havells India | 1238.50 |
| Siemens | 3807.00 |
| Apar Inds | 11541.30 |
| ABB India | 7327.00 |
| Waaree Energies | 3305.80 |
| View more.. | |
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