CHENNAI : Fuji Electric Co on Thursday announced a target to reach Rs 1,500 crore by 2023. The company would focus on charging stations to cater to the electric vehicle segment and work with metro stations, pump manufacturers and other businesses. The company said it would also focus on emerging applications like Energy Storage, megawatt […]
Fuji Electric close to Consul Neowatt buy for Rs 700 crore
Fuji is seeking to buy a majority stake in Consul Neowatt, which is owned by the private equity fund Peepul Capital. Japanese electric and thermal energy major Fuji Electric is in the final stages of discussions to acquire Consul Neowatt Power Solutions, a Chennai based power backup manufacturer, in a deal worth $100 million (Rs […]
