"Lumel S A Ltd Secures New Order"

Lumel S.A., a subsidiary of Rishabh Instruments Limited based in Zielona Gora, Poland, has clinched a significant project aimed at developing innovative control and protection devices for strategic sectors within the energy industry. The project, which also includes the creation of cutting-edge technology for device production, will be supported by European Funds for a Modern Economy Program under Priority 1 proposals FENG.01.01-IP.01-003E/23 and FENG.01.01-IP.01-001/23 - SMART Path.

Spanning a duration of three years, the project boasts a total cost of 371.18 million INR. Of this, the eligible cost stands at 307.53 million INR, with a subsidy amount of 128.21 million INR set to be granted.

This accomplishment underscores Lumel S.A.'s commitment to innovation and excellence within the energy sector, positioning the company as a key player in the development of advanced technology solutions.

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