Schneider electric to purchase 74 percent venture in Luminous Power

May 31, 2011 at 9:16 PM

French company Schneider Electric has told on Tuesday will endow Rs 1,400 crore to purchase a 74 percent venture in India’s Luminous Power technologies Private Limited, which is involved in supplying inverters, UPS and power storage systems for dwellings and small and average size industries.

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