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ELGi North America opens new headquarters

ElgiEquipments Limited, one of the world’s leading air compressor manufacturers, hasannounced it recently held a grand opening ceremony for the company’s new,expanded North American headquarters, located in Charlotte, NC. The event sawthe attendece of ELGi employees and included speeches by David Puck, President,ELGi North America and, Dr. Jairam Varadaraj, Managing Director, ElgiEquipments Ltd. Puck and Dr. Varadaraj cut the ribbon to officially mark thebusiness’s relocation from Continental Blvd. to a larger space on EntranceDrive.

“2020 hasbeen a year of change for so many companies. For ELGi, our forward momentum hasnever wavered and it meant spending time relocating to a facility that wouldallow us to further expand our air compressor business and create additionaljobs in the community,” said David Puck, President, ELGi North America.

“ELGi hasworked diligently to be at this juncture, requiring more facility andmanufacturing space, even in the light of business effects the pandemic hasbrought to the country. We are excited to be here, on the cusp of ELGi’s 60thanniversary moving into a large, expanded space where we can further facilitatethe manufacture and delivery of air compressors,” said Dr. Jairam Varadaraj,Managing Director, Elgi Equipments Ltd.


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
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Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
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Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the   READ MORE...