EKI Energy Services, a leading developer and supplier of carbon credits in international carbon markets, has announced a strategic investment in Chennai-based Tvasta Manufacturing Solutions.
Originally incubated in IIT-Madras, Tvasta specializes in research, design, and manufacturing using additive manufacturing (3D printing) technology with applications across multiple industries.
TVasta’s additive manufacturing capabilities will provide a significant boost to EKI’s portfolio, allowing the company to expand its presence in sustainable manufacturing.
As industries move towards sustainable manufacturing, the partnership between EKI Energy Services and Tvasta Manufacturing Solutions will become increasingly significant. The investment and partnership, aimed at generating a favorable return on EKI’s surplus funds, will see EKI closely working with Tvasta and leveraging 3D printing technology.
Benefits of the Partnership
Key Aspects
Enhanced Sustainable Manufacturing Capabilities
TVasta’s expertise in additive manufacturing will enable EKI to expand its presence in sustainable manufacturing, reducing material wastage and increasing efficiency.
Accelerated Innovation and Scale-Up
The partnership will accelerate innovation and scale-up operations for Tvasta, enabling the company to expand its market presence and push the boundaries of additive manufacturing.
At EKI Energy Services, the management is committed to supporting innovative solutions that align with their commitment to sustainability and technological advancements. Tvasta’s expertise in 3D printing has the potential to revolutionize industries by making processes more efficient and reducing material wastage.
“This partnership with EKI strengthens our ability to accelerate innovation, scale operations, and expand our market presence as we continue to push the boundaries of additive manufacturing.”
— Jay Prakash, CFO of Tvasta Manufacturing Solutions Pvt. Ltd.
The partnership will be finalized by April 30, 2025, EKI announced. With this investment, EKI will gain access to Tvasta’s cutting-edge 3D printing technology, allowing the company to explore new opportunities in sustainable manufacturing.
As industries move towards sustainable manufacturing, EKI’s strong presence in carbon markets and climate action combined with Tvasta’s advancements in sustainable 3D printing technology will become increasingly significant.
What is Additive Manufacturing?
Additive manufacturing, also known as 3D printing, is a process of creating objects by adding materials layer by layer. This technology has numerous applications across multiple industries, including aerospace, automotive, healthcare, and more.
In the context of sustainable manufacturing, additive manufacturing enables industries to reduce material wastage, increase efficiency, and produce products with complex geometries that cannot be achieved through traditional manufacturing methods.
Benefits of Additive Manufacturing in Sustainable Manufacturing
Reduced Material Wastage
Increased Efficiency
Complex Geometries
Customized Products
The partnership between EKI Energy Services and Tvasta Manufacturing Solutions will accelerate innovation and scale-up operations for Tvasta, enabling the company to expand its market presence and push the boundaries of additive manufacturing.
At EKI Energy Services, the management is committed to supporting innovative solutions that align with their commitment to sustainability and technological advancements. Tvasta’s expertise in 3D printing has the potential to revolutionize industries by making processes more efficient and reducing material wastage.
Definitions:
Carbon credits are financial instruments that represent the right to emit a specific amount of greenhouse gases. They are used to offset emissions and contribute to reducing carbon footprint.
Additive manufacturing refers to the process of creating objects by adding materials layer by line.
