NEW DELHI: KLG
Systel Ltd. and Singapore Technologies Kinetics Ltd (STK) today signed a 'Memorandum
of Understanding' to jointly develop breakthrough technology solutions in
the power utility and energy area.
KLG Systel and STK will work in collaboration on marketing, sale, production and
technology interface of the products in Asia. Leveraging the core strengths of
SG61 and Vidushi, this partnership will be an integrated effort to provide
metering apparatus and other allied products to these markets.
STK is the land systems and specialty vehicles arm of ST Engineering. It is one
of the region's largest specialty vehicles and defence companies, with a growing
portfolio of products and services for the defence, homeland security and
commercial markets. ST Kinetics' capabilities include the design and
development, systems integration, production, operations & support and life
cycle management of a wide range of specialty vehicles and specialised
equipment.
Kumud Goel, MD, KLG Systel Ltd, said, "KLG has always been at the forefront
to offer consumers innovative quality products at competitive prices. Our
partnership with STK is a step towards providing world-class solutions to
consumers in India and Philippines. With our 15 years of experience in India's
infrastructure and power sector and STK's expertise in manufacturing metering
apparatus we hope to create practical and applicable solutions for the
country.”
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KLG Systel signs MoU with ST Kinetics Â
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