Cryogenic OGS subsidiary wins ₹12.59 crore order from Fimer India

1 min read     Updated on 03 Jun 2026, 01:33 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Infravolt Engineering Private Limited, a material subsidiary of Cryogenic OGS Limited, has received an order worth ₹12.59 crore from Fimer India Private Limited for supplying Busbar Kits. The domestic order, received on June 2, 2026, is to be executed within 18 to 21 weeks and marks the subsidiary's entry into the renewable energy sector.

powered bylight_fuzz_icon
42019422

*this image is generated using AI for illustrative purposes only.

cryogenic ogs announced that its material subsidiary, Infravolt Engineering Private Limited, has secured a significant order worth ₹12,58,59,980 from Fimer India Private Limited for the supply of Busbar Kits. The order, received on June 2, 2026, underscores the subsidiary's entry into the renewable energy supply chain, specifically targeting the solar inverter market. The execution of this domestic order is scheduled to be completed within a period of 18 to 21 weeks.

The disclosure was made to BSE Limited pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no interests held by the promoter, promoter group, or group companies in the entity that awarded the order. Furthermore, the transaction does not fall within related party transactions.

Order Details

The following table outlines the key particulars of the order awarded to Infravolt Engineering Private Limited:

Particulars Details
Name of client Fimer India Private Limited
Nature of order Supply of Product (Busbar Kits for Power Modules)
Order size ₹12,58,59,980
Execution period 18 – 21 weeks
Category Domestic

The company stated that the incorporation of Infravolt Engineering Private Limited represents a strategic step to broaden its industrial footprint. Cryogenic OGS Limited is positioning itself as a diversified participant in the energy ecosystem, with a focus on solar energy infrastructure and railway electrification systems. Management views this order as a validation of Infravolt's precision manufacturing capabilities and its ability to meet the quality standards demanded by global original equipment manufacturers (OEMs).

Historical Stock Returns for Cryogenic Ogs

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+18.77%+34.54%+40.10%+192.88%+192.88%

Will this order lead to similar partnerships with other global OEMs in the solar inverter market?

How will the revenue from this order impact Cryogenic OGS's financial performance in the current fiscal year?

Does Cryogenic OGS plan to expand Infravolt's manufacturing capacity to meet potential future demand?

Cryogenic OGS Secures ADNOC Approval for Metering Skids

1 min read     Updated on 25 May 2026, 02:40 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Cryogenic OGS has received enlistment approval from ADNOC for the Metering Skids category, recognizing it as an approved vendor. This designation allows the company to participate in tenders and business opportunities floated by ADNOC, strengthening its international market presence.

powered bylight_fuzz_icon
41245500

*this image is generated using AI for illustrative purposes only.

Cryogenic OGS has secured enlistment approval from ADNOC (Abu Dhabi National Oil Company) for the Metering Skids category. This approval designates the company as an approved vendor, enabling it to participate in tenders and pursue business opportunities within one of the world's leading energy organizations. The development is expected to strengthen the company's presence in the international market.

Approval Details

The approval grants Cryogenic OGS access to ADNOC's procurement ecosystem specifically for the Metering Skids Liquids and Gases category. The following table summarizes the key parameters of this development:

Parameter Details
Approving Authority ADNOC (Abu Dhabi National Oil Company)
Approved Category Metering Skids Liquids and Gases
Category Code 146080
Manufacturer ID Code 20037655
Vendor Status Approved Vendor

Strategic Significance

Being listed as an approved vendor by ADNOC is a prerequisite for participating in the organization's tendering process. With this approval, Cryogenic OGS is now eligible to bid for relevant contracts and orders issued by ADNOC. This development broadens the company's access to international oil and gas business opportunities, particularly in the Abu Dhabi energy market, and supports its business development initiatives.

Historical Stock Returns for Cryogenic Ogs

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+18.77%+34.54%+40.10%+192.88%+192.88%

What is the estimated contract pipeline value within ADNOC's Metering Skids category, and how much revenue could Cryogenic OGS realistically capture in the near term?

Are there other major Gulf Cooperation Council (GCC) energy companies, such as Saudi Aramco or QatarEnergy, where Cryogenic OGS is pursuing similar vendor approvals?

How might this ADNOC approval influence Cryogenic OGS's order book growth and impact its stock valuation over the next 12-24 months?

More News on Cryogenic Ogs

1 Year Returns:+192.88%