Modison Metals gets nod to enter into MoU with Renera, LDrive

Modison Metals has received approval from board of directors to enter into Memorandum of Understanding (MoU) with Renera and LDrive ((L-Charge) respectively. The MoU is for trading, assembly and manufacturing of Battery Energy Storage System (BESS) and Electric Vehicle (EV) charging infrastructure in India. BESS technology enables energy storage systems for emergency power supply, renewable energy resources and smoothing of load demand on the electricity grid. EV charging infrastructure enables rapid adoption of Electric Vehicles in a seamless manner.

Modison Metals manufactures and markets electrical contacts for low, medium, high, and extra high voltage switchgear industries in India and internationally.