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Powergrid acquires Ramgarh New Transmission Ltd under TBCB On being declared as successful bidder under Tariff Based Competitive Bidding (TBCB), Power Grid Corporation of India Limited (POWERGRID) on 9th March 2021 has acquired Ramgarh New Transmission Limited (RNTL) which is the project company to establish transmission system strengthening scheme for evacuation of power from solar energy zones, in Rajasthan (8.1 GW) under phase II – Part A. The project comprises establishment...

Firstsource partners with IntelliH to deliver turnkey telehealth solutions RP-Sanjiv Goenka Group company Firstsource Solutions, a provider of Business Process Management (BPM) services today announced that IntelliH, a multi-disease, patient engagement and remote monitoring company, as its technology partner to deliver turnkey remote patient monitoring solutions to health plans and provider organizations in the U.S. The combined offering will focus initially on areas of critical need, including proactively managing Congestive Heart...

Tata Power denies having talks with Tesla to set up EV charging infra Tata Power denied any tie-up with Tesla, after media reports suggested the two companies were discussing a partnership to set up charging infrastructure for electric vehicles in India. Replying to clarification sought by the stock exchange BSE, Tata Power said, “We refer to your email bearing reference no. L/SURV/ONL/RV/RIS/ (2020-2021)/ 38 of even date, asking the Company to...

Govt committed to promoting renewable energy, especially in MSME Sector: Gadkari The Indian Government is committed to promote renewable energy resources in the country, especially in the MSME sector,” said Nitin Gadkari, Minister for Micro, Small and Medium Enterprises while addressing a webinar on “Atmanirbhar Bharat” – “Opportunities in Solar & MSME” organised by Indian People’s Forum in the United Arab Emirates. He said that the MSMEs with good track record...

Philips, openDoctor team up for radiology scheduling Philips announced a partnership with US-based openDoctor to deliver an integrated radiology patient engagement platform that leverages openDoctor’s real-time online appointment scheduling services as part of Philips’ newly launched Patient Management Solution. With the combined offering, Philips Patient Management Solution and openDoctor enable a transformation in patient radiology scheduling, contactless registration and automated communications and education, all from the convenience of any connected mobile...

Mahagenco sets new record by achieving power generation of 10,445 MW On 9th March, Maharshtra State Power Generation Company Ltd (Mahagenco) achieved highest ever record power generation in its history of long 69 years by generating 10445 MW during the evening peak hours. Proper coal & fuel management is said to be key factor behind the record generation. After taking over as Energy Minister, Dr. Nitin Raut focused on  maximization of generation...

MBCC Group acquires Bluey Technologies MBCC Group, one of the leading suppliers of construction chemicals and solutions worldwide, signed a purchase agreement to acquire Bluey Technologies. The transaction was closed simultaneously with the signing. The acquisition will enhance MBCC Group’s portfolio of construction chemicals and services for the infrastructure market, whereas Bluey Technologies’ customers will benefit from the broad portfolio under the Master Builders Solutions brand.  Based in Sydney, Australia, Bluey...

Indigital launches Kribado, a hand-held screening machine for healthcare Indigital Technologies has announced the launch of Kribado, a hand-held screening device that will assist healthcare practitioners in treating patients by implementing a pre-admission level. Kribado is a non-invasive screening device that right-away analyses the patient condition and provides a risk score while the patient is in the waiting room. Clinics as well as hospitals are using this screening machine to...

Eaton introduces EnergyAware UPS in India Eaton announces the launch of an industry-first data center solution – Energy Aware UPS using UPS-as-a-reserve (UPSaaR) in India. The solution will enable data centers to contribute to renewable energy and also earn from their UPS investments. As per the estimates, a data center could receive approx. $ 60,000 per MW / per year for its non-used capacity. In India, the colocation/third-party data center market...

Schneider Electric extends 3-Phase Easy UPS 3L from 250 kVA to 600 kVA Schneider Electric today announced it has extended  Easy UPS 3L from 250 kVA to 600 kVA (400V) with the addition of 250, 300, and 400 kVA 3-phase Uninterruptable Power Supplies (UPSs) for external batteries. The Easy UPS 3L simplifies and streamlines configuration and service, delivering high availability and predictability to medium and large commercial buildings and light...

Reliance Power-JERA JV gets financial closure for 745 MW-Bangladesh unit Anil Ambani-led Reliance Power and JERA of Japan, through their joint venture project company, have achieved financial closure for developing a new gas-fired power generation project in Bangladesh. The group of lenders includes Japan Bank for International Cooperation (JBIC) and Asian Development Bank (ADB).  The Project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas...

Siemens completes acquisition of C&S Electric Siemens has completed its acquisition of C&S Electric in India. The company has acquired 99.22% of C&S Electric from its promoters for Rs 2,100 crore. Last year, on August 20, the company had received the approval of Competition Commission of India.  “The Company has acquired 99.22% (approximately) equity shares of C&S Electric Limited from its promoters, for an aggregate consideration of Rs 2,100 crore on...

NHAI creates record by constructing 25.54-km road in 18 hours National Highways Authority of India (NHAI) has recently completed development of a 25.54 km single lane stretch of road in just 18 hours, creating a world record. This took place during the 4-laning work on the Solapur-Vijapur highway. Road Transport and Highways Minister Nitin Gadkari took to social media to share the news and confirm that the achievement will be recorded...

ISK-SODEX 2021 to be held in Istanbul on 29 Sep - 2 Oct ISK-SODEX 2021, the international exhibition on HVAC&R, insulation, pump, valve, fitting, water treatment, fire prevention, pool and solar energy systems, will be held on 29 Sept to 02 Oct at Tuyap Fair Convention and Congress Center, Istanbul, Turkey.  Since ISK-SODEX 2021 will be the first international meeting of the Eurasia Region after a long time, the whole sector...

Hitachi ABB Power Grids reports 55% YoY rise in Q4 PAT Hitachi ABB Power Grids in India announced its fourth-quarter and full-year results for 2020 and reported 54.9% year-over-year (YOY) rise in profit after tax (PAT) during fourth quarter on realization of old receivables previously provided for.  The company also announced that in Q4, revenue inched closer to pre-pandemic levels, ending 7.5% lower YoY while it rose 10.3% Quarter on Quarter...