• search

Birla power solutions inks pact with Lombardini

Written by: Staff
|

New Delhi, July 3 (UNI) Birla Power Solutions Ltd and Lombardini India Pvt Ltd today announced a strategic alliance with an investment of Rs 600 crore to meet the country's growing demand of Gensets, due to the increasing gap between demand and supply of electricity.

An investment of Rs 600 crore is estimated and would have to be made by the Government of India to meet the current demand and supply gap in electricity, which probably may not be possible, a company statement said.

''This alliance has led to a great opportunity for the market of captive gensets. The alliance of Birla Power Solutions and Lombardini is coming up with a range of gensets to meet the domestic, commercial and defense markets,'' Birla Power Solutions Ltd Managing Director Sunil Patel said.

The entire range of engines up to 40 Kw both in diesel and petrol are being imbibed in a phased manner into the Indian subsidiary for manufacturing.

UNI DKS RA VV2105

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more