Induj inks pact with Israel-based co
Power generation equipment maker Induj Enertech Ltd has entered into a marketing deal with Israel-based Edig Construction Management Ltd for marketing solarised turbine power plants in India.
The two companies have entered into a Memorandum of Understanding for the same, Induj informed the Bombay Stock Exchange on Tuesday.
EDIG developed 'Solar Thermal Generation Technology' in collaboration with Israel's Weizmann Institute of Science & Technology, Induj said, adding the technology was more cost-effective compared to Solar Photovoltaic technology, which was being used currently.
The shares of Induj Enertech were trading at Rs 17.75, up 1.43 per cent on the BSE on Tuesday.
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