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ReNew Power to list on NASDAQ at $8 Bn valuation ReNew Power, India’s leading pure-play renewable energy producer, and RMG Acquisition Corporation II announced the execution of a definitive agreement for a business combination that would result in ReNew becoming a publicly listed company on the NASDAQ.  “Upon closing of the transaction, the combined company would be named ReNew Energy Global PLC and would be publicly listed under the symbol “RNW”....

Danfoss setting new standards for safety & sustainability of metros in India In line with its commitment to enable India’s journey towards sustainable urbanisation, Danfoss Industries Pvt Ltd., a pioneer and industry leader in energy efficient technologies, strives to transform the sustainable outlook for metros in India, in association with metro rail corporations across the country. In its latest partnership with the Kolkata Metro Rail Corporation (KMRC) and Chennai Metro Rail Ltd,...

TVS Motor appoints Timothy Prentice as VP-Design, to oversee design solutions TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced the appointment of Timothy (Tim) Prentice as Vice President – Design. Tim brings on board 35 years of enriching experience in motorcycle design, project management and product development. “Specialised in advanced design planning, Tim’s experience in designs for high performance electric vehicles will augment the company’s EV line-up...

ABB to secure power supply for 5G mobile device manufacturer More than 5 billion people around the world already use a mobile phone - and the figures are rising. For their part, smart phones and other mobile devices are becoming more and more sophisticated and powerful. One of the drivers of this technological development is OPPO. At its major new technology park in Chongqing, China, ABB’s digital energy management and power...

PM inaugurates Pugalur-Thrissur HVDC project Prime Minister Narendra Modi inaugurated POWERGRID’s 320 kV 2000 MW Pugalur (Tamil Nadu) - Thrissur (Kerala) HVDC project on 19 February. He also dedicated a 50 MW Kasaragod Solar Power Project to the nation. Speaking on the occasion, Prime Minister said that the Pugalur – Thrissur High Voltage Direct Current  system will facilitate transfer of huge quantum of power to meet the growing power demands of...

Finolex adds RPVC conduits to its offering Finolex Cables, India's leading electrical & communications cable manufacturer adds conduit and fittings to its repertoire. The conduits are manufactured at its state—of-the-art Goa plant from specially formulated µPVC to meet the most stringent India & International standards. These are made of high impact resistance materials which make them safe to use across varied environmental conditions. The conduits are available in 19"-32" diameters in...

GE T&D India appoints Mahesh Palashikar as Chairman GE T&D India Limited (GETDIL) announced the appointment of Mahesh Palashikar on the Board as Chairman. Mahesh assumes the role of Chairman effective 1 March 2021 and succeeds Vishal K Wanchoo who resigned from Board upon assuming new responsibility with another company, post retirement from GE. Mahesh is the President of GE South Asia and Chairman of GE Power India Limited. As a 21-year...

Demand for electrical equipment will be all time high: R.K. Singh “The demand for electrical equipment will be all time high in times to come with the numerous reforms undertaken to strengthen and modernise the distribution sector with the investment of Rs. 3.05 lakh crore in the next five years,” said Power Minister RK Singh while inaugurating the 4th edition of Distribuelec being organised by Indian Electrical and Electronics Manufacturers'...

bauma CONEXPO INDIA cancelled for 2021 bauma CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, and construction vehicles will not take place this year due to the organizers’ concerns around exhibitors’ ROI, uncertain international participants’ turnout, and safety protocols. “The decision to not hold North India’s leading trade fair bauma CONEXPO INDIA comes after deliberations with stakeholders and a comprehensive study of the market in...

International Solar Alliance appoints Dr Ajay Mathur as its new DG The International Solar Alliance (ISA) announced Dr. Ajay Mathur as its new Director General following his election at the first special Assembly of ISA members. A coalition of 73 member countries, ISA was launched at the end of 2015 to accelerate the demand for and use of safe, sustainable, and affordable solar energy for all. It aims to mobilize over...

Tata Motors names Marc Llistosella as new MD & CEO Tata Motors announced the appointment of Marc Llistosella as the Chief Executive Officer and Managing Director of the company effective 1st July 2021. N Chandrasekaran, Chairman, Tata Motors said, “I am delighted to welcome Marc to Tata Motors. Marc is an experienced automotive business leader with deep knowledge and expertise in Commercial vehicles over his illustrious career and has extensive operational...

Vedanta launches new Aluminium Cylinder Head Alloy at ACMA 2021 Vedanta Limited announced the formal launch of its newest product, the aluminium Cylinder Head Alloy, a critical raw material for manufacturing cylinder heads and other automotive components. This is the company’s latest value-added offering in its aluminium product line, which caters to various raw material requirements of the automotive industry. The Cylinder Head Alloy leverages material design to help automakers increase...

Blue Star expands its Commercial Refrigeration footprint Air conditioning and commercial refrigeration major, Blue Star Limited, today announces the launch of a new range of commercial refrigeration products and solutions which are ideal for storing vaccines. These comprise specifically designed, temperature controlled refrigerators and transporters, which are integral for building a robust ecosystem for vaccine distribution in India. The company has launched Ice Lined Refrigerators (+2°C to +8°C) which is ideal...

OLA to deploy ABB robotics at its electric scooters factory Ola, one of the leading mobility companies in the world, today announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the much-anticipated Ola electric scooter. Ola’s scooter mega-factory, billed to be the world’s largest scooter factory, is expected to be ready and operational in...

Schneider Electric introduces software-centric industrial automation system in India Schneider Electric, the global leader in digital transformation of energy management and automation, today unveiled its vision for universal automation and the first of its kind, EcoStruxure Automation Expert, a new category of software-centric industrial automation system. Through this launch, the company aims to accelerate its drive to help customers unlock the full potential of the Fourth Industrial Revolution and unleash...