Renewable Energy: A Key to India's Industrial Growth
Mr. Nitin Aher. Whole Time Director @ RULKA ELECTRICALS LTD. | Electrical & Fire Fighting Service Provider
Introduction:
Renewable energy plays a crucial role in #India's efforts to fight #climate change and promote sustainable industrial growth. By using clean and sustainable sources like sunlight, wind, water, and geothermal heat, #renewable energy helps meet India's energy needs while reducing harmful #carbon emissions. Let's explore how renewable energy is making a big impact on India's industries and its fight against climate change.
Why Renewable Energy Matters for Indian Industries:
#Renewable energy is important for India's industries for several reasons
• Less Dependence on Fossil Fuels: Renewable energy helps reduce India's reliance on #fossil fuels like coal and oil. These fuels create a lot of pollution and harm the environment. By shifting to renewable energy sources like solar and wind power, India can reduce its use of fossil fuels and make its industries cleaner and more sustainable.
• Generating Electricity without Pollution: Renewable energy technologies, such as solar panels and wind turbines, can generate electricity without causing pollution. They use the power of the sun and wind to create clean energy. By using these technologies, industries can reduce their carbon footprint and help fight climate change
• Saving Money and Resources: Renewable energy can help industries save money and resources. For example, using #energy-efficient practices alongside renewable energy can lower energy costs and reduce waste. This means industries can become more efficient and save money on their operations
• Creating Jobs and Boosting the Economy: Investing in renewable energy can create jobs and boost the economy. When industries adopt renewable energy technologies, they need skilled workers to install and maintain them. This creates #employment opportunities and stimulates #economic growth in the #renewable energy sector.
Conclusion:
Renewable energy is essential for India's #industrial growth and its fight against climate change. By embracing renewable energy sources such as solar and wind power, India can make its industries cleaner, more efficient, and sustainable. This transition will help reduce pollution, save money, create jobs, and contribute to a greener and #brighter future for #India. #Investing in renewable energy is not only good for the environment but also for the #economy and the well-being of the Indian people.
Rulka Electricals secures multiple work orders worth Rs. 16 Crore
MUMBAI, JANUARY 12, 2024 (Mahasagar): Rulka Electricals Limited (REL), a leading integrated electrical services company, has secured multiple work orders amounting to Rs. 16 crore from renowned companies in different sectors. These new work orders comprise electrical and firefighting projects in various states across India, including Maharashtra, Gujarat, Haryana, Tamil Nadu, and Andhra Pradesh.
The Mumbai-based company is also planning to raise capital through an Initial Public Offering (IPO) to fund its growth opportunities in domestic and international markets. It has appointed Beeline Capital Advisors as the Book Running Lead Manager to the issue. REL offers a wide range of services, including electrical solutions, electrical panels, firefighting systems, solar EPC contracts, turnkey electrical warehousing projects, electric commercial, industrial services, maintenance services, electrical contracting, and data & voice cabling installation across the industrial sector, commercial, retail and theatre sector. It also undertakes Electrical & Fire contracting services for all types of industrial plants.
Speaking about the new orders and the company’s growth plans, Mr. Rupesh Laxman Kasavkar, Chairman and Managing Director, Rulka Electricals Limited, said, “We are delighted to begin the new year with a string of new work orders that demonstrate our commitment to quality of our work. We have been successful in retaining most of the clients, reflecting the great reputation we enjoy in the market. Furthermore, we are looking to scale up our business by venturing into different sectors in new markets, both international and domestic. We firmly believe that our experienced team of professionals combined with improved operational efficiency will help us propel into the next phase of our growth journey.”
Incorporated in 2013, REL is promoted by the entrepreneur duo Mr. Rupesh Laxman Kasavkar and Mr. Nitin Indrakumar Aher, both having over two decades of rich experience in the electrical domain. With extensive experience in site supervision and electrical project work, the promoters have been instrumental in shaping the company’s growth strategy.
REL posted a total revenue and profit (PAT) for the first half of the year ended September 30, 2023, at Rs. 36.44 crore and Rs. 3.05 crore. In the financial year 2022-23, the company registered a total income of Rs. 46.89 crore, compared to Rs. 36.27 crore in FY2021-22. The company earned a profit (PAT) of Rs. 2.80 crore FY2022-23, up from Rs. 1.12 crore in FY2021-22.
Mumbai-based Rulka Electricals Ltd. secures multiple work orders worth Rs. 16 Crore
• IPO-bound company bags orders for electrical and firefighting works from renowned companies in various states across the country, including Maharashtra, Gujarat, Haryana, Tamil Nadu, and Andhra Pradesh.
• REL is a leading turnkey project contractor offering a wide range of electrical and firefighting services
• Plans to raise capital through an IPO to fund its growth opportunities in domestic and international markets
• Appoints Beeline Capital Advisors as the Book Running Lead Manager to the issue.
Mumbai: Rulka Electricals Limited (REL or The Company), a leading integrated electrical services company, has secured multiple work orders amounting to Rs. 16 crore from renowned companies in different sectors. These new work orders comprise electrical and firefighting projects in various states across India, including Maharashtra, Gujarat, Haryana, Tamil Nadu, and Andhra Pradesh.
The Mumbai-based company is also planning to raise capital through an Initial Public Offering (IPO) to fund its growth opportunities in domestic and international markets. It has appointed Beeline Capital Advisors as the Book Running Lead Manager to the issue.
REL offers a wide range of services, including electrical solutions, electrical panels, firefighting systems, solar EPC contracts, turnkey electrical warehousing projects, electric commercial, industrial services, maintenance services, electrical contracting, and data & voice cabling installation across the industrial sector, commercial, retail and theatre sector. It also undertakes Electrical & Fire contracting services for all types of industrial plants.
Speaking about the new orders and the company’s growth plans, Mr. Rupesh Laxman Kasavkar, Chairman and Managing Director, Rulka Electricals Limited, said, “We are delighted to begin the new year with a string of new work orders that demonstrate our commitment to quality of our work. We have been successful in retaining most of the clients, reflecting the great reputation we enjoy in the market. Furthermore, we are looking to scale up our business by venturing into different sectors in new markets, both international and domestic. We firmly believe that our experienced team of professionals combined with improved operational efficiency will help us propel into the next phase of our growth journey.”
Incorporated in 2013, REL is promoted by the entrepreneur duo Mr. Rupesh Laxman Kasavkar and Mr. Nitin Indrakumar Aher, both having over two decades of rich experience in the electrical domain. With extensive experience in site supervision and electrical project work, the promoters have been instrumental in shaping the company’s growth strategy.
REL posted a total revenue and profit (PAT) for the first half of the year ended September 30, 2023 at Rs. 36.44 crore and Rs. 3.05 crore. In the financial year 2022-23, the company registered a total income of Rs. 46.89 crore, compared to Rs. 36.27 crore in FY2021-22. The company earned a profit (PAT) of Rs. 2.80 crore FY2022-23, up from Rs. 1.12 crore in FY2021-22.
Rulka Electricals secures multiple work orders worth Rs. 16 Crore
MUMBAI, JANUARY 12, 2024 (AGS): Rulka Electricals Limited (REL), a leading integrated electrical services company, has secured multiple work orders amounting to Rs. 16 crore from renowned companies in different sectors. These new work orders comprise electrical and firefighting projects in various states across India, including Maharashtra, Gujarat, Haryana, Tamil Nadu, and Andhra Pradesh.
The Mumbai-based company is also planning to raise capital through an Initial Public Offering (IPO) to fund its growth opportunities in domestic and international markets. It has appointed Beeline Capital Advisors as the Book Running Lead Manager to the issue.
REL offers a wide range of services, including electrical solutions, electrical panels, firefighting systems, solar EPC contracts, turnkey electrical warehousing projects, electric commercial, industrial services, maintenance services, electrical contracting, and data & voice cabling installation across the industrial sector, commercial, retail and theatre sector. It also undertakes Electrical & Fire contracting services for all types of industrial plants.
Speaking about the new orders and the company’s growth plans, Mr. Rupesh Laxman Kasavkar, Chairman and Managing Director, Rulka Electricals Limited, said, “We are delighted to begin the new year with a string of new work orders that demonstrate our commitment to quality of our work. We have been successful in retaining most of the clients, reflecting the great reputation we enjoy in the market. Furthermore, we are looking to scale up our business by venturing into different sectors in new markets, both international and domestic. We firmly believe that our experienced team of professionals combined with improved operational efficiency will help us propel into the next phase of our growth journey.”
Incorporated in 2013, REL is promoted by the entrepreneur duo Mr. Rupesh Laxman Kasavkar and Mr. Nitin Indrakumar Aher, both having over two decades of rich experience in the electrical domain. With extensive experience in site supervision and electrical project work, the promoters have been instrumental in shaping the company’s growth strategy.
REL posted a total revenue and profit (PAT) for the first half of the year ended September 30, 2023 at Rs. 36.44 crore and Rs. 3.05 crore. In the financial year 2022-23, the company registered a total income of Rs. 46.89 crore, compared to Rs. 36.27 crore in FY2021-22. The company earned a profit (PAT) of Rs. 2.80 crore FY2022-23, up from Rs. 1.12 crore in FY2021-22.