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L&T completes 75 years of Construction & Mining Machinery business Larsen & Toubro, an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has completed platinum jubilee of one of its oldest businesses, Construction & Mining Machinery Business (CMB). The business has supplied over 60,000 units of various equipment in India during its 75 years association with the Construction and Mining Industry. These machines have been used to create landmarks...

IEX starts cross border electricity trade on its platform The Indian Energy Exchange, India’s premiere energy marketplace, announced commencement of the Cross Border Electricity Trade (CBET) on its platform. This is a first-of-its kind initiative for the Exchanges to expand their power markets beyond India to the South Asia region towards building an integrated South Asian regional power market. In a remarkable development following the notification of CBET Regulations by CERC...

Schneider Electric partners with top 1,000 suppliers to help reduce their operations’ CO2 footprint 50% by 2025 Schneider Electric has launched the Zero Carbon Project under which the company will partner with its top 1,000 suppliers that represent 70% of Schneider’s carbon emissions - to halve their operations’ CO2 emissions by 2025. The initiative is part of Schneider’s 2021-2025 sustainability goals, and is a concrete step towards limiting the rise...

Procter & Gamble commissions 1MW in-house solar plant at Hyderabad site Procter & Gamble announced the commissioning of its first in-house solar plant at the company’s Hyderabad manufacturing site. This is P&G’s first site in India and only the fifth manufacturing site globally to house a solar plant. Spread over 16,000 sq. mt. and comprising of nearly 3000 panels, the in-house solar plant has a capacity of 1MW clean energy production...

Adani Electricity Mumbai commissions synthetic ester oil filled transformer at Borivali Adani Electricity Mumbai Limited (AEML), an integrated power utility, recently commissioned India’s first Synthetic Ester Oil filled 220kV, 125MVA capacity power transformer in its Mumbai transmission network at 220kV Borivali EHV substation. According to AEML, unlike conventional mineral oil filled transformer, synthetic ester oil transformer has higher fire point (>300 deg.C), low heat of combustion (30.8 MJ/kg). Moreover, it offers...

India to setup 16 Active Pharmaceutical Ingredients manufacturing plants The Indian government on April 13 approved Rs 350 crore to set up 16 manufacturing plants for Active Pharmaceutical Ingredients (API) in the country under the production-linked incentive scheme. According to the Chemicals and Fertilisers Ministry, the government will invest the funds in the setting of these plants which will make the country self-reliant with respect to these bulk drugs. The commercial...

India adds 9.7 GW of power generation capacity this fiscal till Feb 28 India added 9.7 gigawatt of power generation capacity during this financial year till February 28, 2021 which includes 3.8 GW of conventional energy and 5.9 GW from renewable sources. In 2019-20, India had added 15.8 GW of power generation capacity including 7.1 GW of conventional sources and 8.8 GW of renewable sources. From April, 2015 till February, 2021, India...

Hero Motors Company has unveiled its new hi-end export-oriented manufacturing plant at the Hero E Cycle Valley near Ludhiana in Punjab. Hero Motors Company’s Chairman and Managing Director Pankaj Munjal said that the plant will augment the company's annual production capacity to 10 million units, with a production of 4 million premium bicycles and E Cycles, majorly for global consumption. Along with the new plant, Hero E Cycle Valley will...

Siemens Healthcare India names Vivek Kanade as MD Siemens Healthcare Private Limited (SHPL), a wholly-owned subsidiary company of Siemens Healthineers AG, named Vivek Kanade as the Managing Director effective 1st April. Vivek will continue to lead the business for Siemens Healthineers India including, manufacturing, sales and distribution, strategy for “Zone India”, comprising of neighbouring countries like Bangladesh, Nepal, Sri Lanka and Maldives. During his association with Siemens for over 27 years, he has...

Siemens’ new F-gas-free ring main unit sets new standards for climate-friendly power distribution Siemens Smart Infrastructure has introduced the 8DJH 24 switchgear, a ring main unit (RMU) for line voltages up to 24 kilovolts (kV), completely free of fluorinated gases. This medium-voltage switchgear for secondary electrical distribution has the same compact dimensions as the variant with sulfur hexafluoride (SF6) but uses the climate-neutral insulation medium “Clean Air”, which consists exclusively...

L&T begins constructing 300MW Solar Plant in Saudi Arabia Renewables arm of Larsen & Toubro's Power Transmission & Distribution Business has secured the go-ahead to begin constructing the 300MW Jeddah Solar PV Power Plant. The turnkey EPC order has been received from the consortium of Masdar, EDF Renewables and Nesma Company. Awarded by Saudi Arabia's Renewable Energy Project Development Office (REPDO) to the  consortium under design, finance, build and operate mode,...

Schneider Electric unveils Compact 3-Phase UPS Galaxy VL Schneider Electric announced the global launch of the Galaxy VL 200-500 kW (400V/480V) 3-phase uninterruptible power supply (UPS), the newest addition to the Galaxy family. According to the company, “Available worldwide, this highly efficient, compact UPS offers up to 99-percent efficiency in ECOnversion mode for a full return on investment within two years (model dependent) for medium and large data centers and commercial and industrial...

Make in India through Industry 4.0 is an important transition in manufacturing: Dr Saraswat Dr V K Saraswat, Member, NITI Aayog said that there is a need to push the Make in India and Atmanirbhar Bharat programs in the Indian manufacturing ecosystem. “A service-based economy is prone to market risks and manufacturing is going to facilitate a stronger and stable growth. Atmanirbharta calls for high reliance on imports that limits...

JMC Projects secures new orders of Rs 1,262 Cr JMC Projects (India) (JMC), a subsidiary of Kalpataru Power Transmission, has secured building projects in India of Rs 1,059 crore. It has also bagged a water project worth approximately Rs 203 crore in Maldives. Of the total Rs 1,262 crore, orders worth Rs 431 crore were bagged in March while the remaining orders worth Rs 831 crore were secured in April till...

Flipkart partners with Adani Group to strengthen logistics and data centre capabilities Flipkart today announced a strategic and commercial partnership with the Adani Group. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, the largest diversified end-to-end logistics service provider in the country and a wholly owned subsidiary of Adani Ports & Special Economic Zone Limited, to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to...