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Laxmi Organic Industries inks pact with Hitachi energy

The agreement is for supply of an eco-efficient gas used in Hitachi Energy's SF6-free high-voltage switchgear portfolio

Laxmi Organic Industries has entered into a Global Sourcing Agreement with Hitachi energy, Zurich, Switzerland for supply of an eco-efficient gas used in Hitachi Energy's SF6-free high-voltage switchgear portfolio. The total capex commitment by the company under this contract shall be around Rs 75 crore. The order is to be executed within 5 years. 

Laxmi Organic Industries is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates.