Friday, June 14, 2024

Vikas Lifecare’s subsidiary Genesis Gas Bags Order from Dornier Group GmbH, Germany

Vikas Lifecare Ltd., an ISO 9001:2015 certified company, engaged in manufacturing of Polymer and Rubber compounds and Specialty Additives has informed that its material subsidiary Genesis Gas Solutions Pvt. Ltd. has been awarded the contract to provide technical advisory for Optimization of Battery Storage Systems for Distribution Grid Applications by the Dornier Group GmbH, Germany at their ongoing project in Mali, Africa.

Dornier Group recently hosted a partner meeting at New Delhi with their South Asian regional partners from India, Bangladesh and Nepal where Dornier and the international partners shared expertise and discussed cooperation projects and the recent market developments. Various strategies for future collaborations were also discussed.

Genesis will also provide the Test Specialist and will also leverage their O&M experience for
Renewable Power Projects at Mali, Africa. Genesis is poised to develop service models for India’s upcoming Power Distribution Grid Applications to support the Renewable Power Projects including Battery, Solar, Wind Power for sustainable rural towns in India. Genesis will also work in close affiliation with Dornier Group for other Renewable Energy, and Clean Energy Projects which Dornier is developing in India and the South Asian Region. The Dornier Group, based out of Germany, has branch offices in Eastern Europe, The Middle East, South Africa and India. Dornier employs 2000+ staff deputed across 18 Locations in 13 Countries around the world with an average 1500 completed projects every year. VLL is also a Del-Credere agent of ONGC and Petro Additions Limited, a public sector undertaking producing a wide variety of base polymers and commodity plastic raw materials. VLL also has a division engaged in Agro Products Business, empanelled with Govt.Agro entities NAFED and HOFED.

As a long-term business strategy, the company has most recently diversified it’s business
interests beyond raw materials (B2B businesses) and forayed into the B2C segment with a host of consumer products for FMCG, Agro, and Infrastructure Segments; paving way for an
aggressive business growth with adding intricately planned and selected product portfolios via acquisitions, joint ventures and tie-ups. VLL intends establishing/acquiring businesses in diverse segments thereby expanding its business stakes and a footprint across the country and beyond.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox