Cryogenic OGS Subsidiary Secures Order from FIMER India for Busbar Kits Valued at ₹12.58 Crore
Cryogenic Ogs Limited, a company specializing in Oil and Gas Solutions and formerly known as Cryogenic Liquide Pvt. Ltd., has seen its subsidiary, Infravolt Engineering Private Limited, secure a significant order from Fimer India Private Limited. The contract involves the supply of Busbar Kits for Power Modules, representing a strategic move toward diversification within India's renewable energy ecosystem.The order was received by the company on June 2, 2026. This agreement with the domestic entity FIMER INDIA PRIVATE LIMITED details the procurement of high precision components critical to advanced solar inverter products manufactured by FIMER. The execution period for this contract is set between 18 and 21 weeks.
The deal size stands at ₹ 12,58,59,980/- (Rupees Twelve Crore Fifty-Eight Lakh Fifty-Nine Thousand Nine Hundred Eighty only). This milestone order serves as a validation of Infravolt's precision manufacturing capabilities and underlines the Group's commitment to expanding its industrial footprint.
The subsidiary’s involvement in this high-level contract positions Cryogenic OGS Limited as a participant in both the solar energy infrastructure and railway electrification sectors, which are identified as fast-growing capital investment areas in India. Precision copper components supplied by Infravolt are integral to the efficiency and thermal performance of high-capacity solar inverters.
Key details regarding the order awarded to Infravolt Engineering Private Limited are provided below:
| Particulars | Details |
|---|---|
| Name of Entity Awarding Order | FIMER INDIA PRIVATE LIMITED |
| Product Supplied | Busbar Kits for Power Modules |
| Order Value | ₹ 12,58,59,980/- |
| Client Origin | Domestic entity |
| Execution Timeline | 18 - 21 weeks |
Infravolt Engineering Private Limited plans to deepen its engagement with renewable energy OEMs (Original Equipment Manufacturers) and aims to expand its portfolio of precision-engineered electrical components across the solar and railway sectors.
Stock Price Movement
As of 13:21, Cryogenic Ogs Ltd shares are edging higher at ₹219.95, posting a solid 3.75% gain for the day. The stock has experienced movement across an intraday range, having touched lows of ₹212.25 while currently trading near its high of ₹219.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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