Consul acquires stake in Megatech Power

Consul acquires stake in Megatech Power
Consul Consolidated Pvt. Ltd announced acquiring a controlling stake in Megatech Power Equipments Ltd. Addition of Megatech will enable Consul to further strengthen its business in the Indian power electronics market.     
Sriram Ramakrishnan, CEO, Consul Consolidated said, “Megatech gives us access to a range of innovative power electronic products like off-grid solar inverters and solar power conditioning units (PCUs) which are developed for Indian power and site conditions, tested and approved to IEC standards. Megatech has an installation base of over 2MW off-grid solar installations in India”. 
Consul will leverage Megatech’s power electronics product development capability with further investments in R&D and develop it as the power electronics centre of excellence for Consul. Consul with its newly launched products and solutions will capitalise on the growing demand for power conditioning and power backup in the country, a company statement said.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Consul acquires stake in Megatech Power

Consul acquires stake in Megatech Power
Consul Consolidated Pvt. Ltd announced acquiring a controlling stake in Megatech Power Equipments Ltd. Addition of Megatech will enable Consul to further strengthen its business in the Indian power electronics market.     
Sriram Ramakrishnan, CEO, Consul Consolidated said, “Megatech gives us access to a range of innovative power electronic products like off-grid solar inverters and solar power conditioning units (PCUs) which are developed for Indian power and site conditions, tested and approved to IEC standards. Megatech has an installation base of over 2MW off-grid solar installations in India”. 
Consul will leverage Megatech’s power electronics product development capability with further investments in R&D and develop it as the power electronics centre of excellence for Consul. Consul with its newly launched products and solutions will capitalise on the growing demand for power conditioning and power backup in the country, a company statement said.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Most Popular

To Top