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Eaton’s AFDD+ protects your home against electrical fire

Eaton’s AFDD+ protects your home against electrical fire As per the National Crime Records Bureau, about 60 people die every day in India due to fire accidents and a significant percentage of all fires are caused by electrical defects.  Recently, 10 fire accidents took place in hospitals, including three each in Mumbai and Gujarat, one each in Chhattisgarh, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh. Reports suggest that nine out...

NHPC to acquire 2% equity of PTC India in Chenab Valley Power Projects

NHPC to acquire 2% equity of PTC India in Chenab Valley Power Projects State-run NHPC announced that it has got approval of the concerned authority to acquire the entire 2% equity stake of PTC India in Chenab Valley Power Projects Private Ltd (CVPPPL). After the acquisition of the additional 2% stake, CVPPPL will become a subsidiary company of NHPC with 51% share. “Ministry of Power vide its letter dated 12.05.2021 has...

Is India on a delusional path to progress?

Is India on a delusional path to progress? With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar sector is no different. Even though the country has the potential to disrupt global frontiers in the...

Siemens reports 29.6% rise in Q2 revenue

Siemens reports 29.6% rise in Q2 revenue For the second quarter of Financial Year 2021 ended March 31, 2021, Siemens Limited registered New Orders from continuing operations of Rs. 3,309 crore, registering a 16.9% increase over the same period last year. Revenue from continuing operations was Rs. 3,298 crore, a 29.6% increase over the same quarter in the preceding year. The Company reported Profit before Tax from continuing operations of...

Molten salt might cut solar power costs

Molten salt might cut solar power costs Solar power accounts for about 2% of U.S. electricity, but it could become more widespread if it were cheaper to generate this electricity and make it readily available on cloudy days and at nighttime. To lower those costs, Purdue University engineers are developing ways to improve how facilities called concentrated solar power plants produce electricity. These plants provide power at off-peak times by storing...

Solar, wind power made strong gains in 2020: IEA

Solar, wind power made strong gains in 2020: IEA Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than prior to the pandemic, according to a new report by the International Energy Agency. The growth in Europe and the United States will be even brisker than previously...

igus unveils 168 motion plastics innovations

igus unveils 168 motion plastics innovations igus increases the pace of innovation despite the pandemic: high investments in digitalisation, logistics and remote consulting increased online sales by 30 per cent in 2020 and mitigated the decline in sales by 4.8 per cent. The motion plastics specialist is also breaking new ground in terms of sustainability and product innovation, and will be presenting more innovations than ever before with 168 tribo-polymer...

Best Power Equipments supplied 2,000 UPS amidst Covid

Best Power Equipments supplied 2,000 UPS amidst Covid Noida-based Best Power Equipments (BPE) announced that the company supplied 2,000 number of UPS and power back-up solutions during COVID. Amidst the crisis, BPE was able to deliver UPS to large hospitals, Covid testing centres, telecom, paper mills, government undertaking and airports across the country. They delivered at Hinduja Hospital (20KVA UPS to Covid 19 testing centres), AIIMS Patna Hospital (100 KVA),...

India’s Neuberg Diagnostics launches its first Laboratory in US

India’s Neuberg Diagnostics launches its first Laboratory in US Neuberg Diagnostics, a global laboratory testing group, announced the start of its clinical laboratory operations in North Carolina in the USA. The laboratory, known as NCGM, Inc. (Neuberg Centre for Genomic Medicine), will focus on genomic and molecular testing based on new generation sequencing techniques. It also runs an extensive network of labs in India, South Africa, and the UAE as...

Breakthrough, Climate-Friendly ACs: Winners of the Global Cooling Prize Announced

Breakthrough, Climate-Friendly ACs: Winners of the Global Cooling Prize Announced A global coalition initiated by the Government of India, Mission Innovation, and RMI announced the winners of the Global Cooling Prize, an international innovation competition to develop super-efficient and climate-friendly residential cooling solutions. Gree Electric Appliances, Inc. of Zhuhai with partner Tsinghua University; and Daikin with partner Nikken Sekkei Ltd. emerged as the two winners among eight Finalists after shattering...

Maharashtra starts electrical inspection of Covid hospitals

Maharashtra starts electrical inspection of Covid hospitals In the wake of recent fire incidents in hospitals, Maharashtra’s energy department has started safety inspections and audit of electrical installations in government as well as in private Covid hospitals, an official statement said. It adds, “The major area of the inspection and safety audit would be ICUs, AC system and lifts.” Taking cognisance of recent fire incidents in hospitals, the state energy minister...

Maruti shuts Haryana factories to make oxygen for medical needs

Maruti shuts Haryana factories to make oxygen for medical needs Maruti Suzuki will shut down its factories in Haryana from May 1-9 to make oxygen available for medical needs. The company said it is committed to support the government in diverting oxygen for saving lives. “As part of the car manufacturing process, Maruti Suzuki uses a small amount of oxygen in its factories while relatively much larger quantities are used by...

Siemens, Messer to cooperate on 70 MW green hydrogen projects in Spain

Siemens, Messer to cooperate on 70 MW green hydrogen projects in Spain Siemens Energy and Messer Group have entered into a cooperation agreement with the goal to work on green hydrogen projects in the 5 to 50 Megawatt (MW) range for industrial and mobility applications. Within the framework of this agreement Messer Ibérica has already submitted three clean hydrogen projects in the chemical complex of Tarragona to the Spanish government....

Freudenberg reports Rs. 5,706 Cr profit despite effects of pandemic

Freudenberg reports Rs. 5,706 Cr profit despite effects of pandemic The global technology group Freudenberg, Weinheim, has managed the crisis well.  Although sales in 2020 was at Rs. 75,305 cr (8.8 billion Euro), it was significantly below the figure of Rs. 80,646 cr (9,467 million Euro) for the previous year, the company reported a profit from operations of Rs. 5,706 cr (669 million Euro) compared to Rs. 6,984 cr (820...

Reliance and BP start up second new deepwater gas field in KG D6 block

Reliance and BP start up second new deepwater gas field in KG D6 block Reliance Industries Limited (RIL) and BP today announced the start of production from the Satellite Cluster gas field in block KG D6 off the east coast of India. RIL and BP have been developing three deep-water gas developments in block KG D6 – R Cluster, Satellite Cluster and MJ – which together are expected to produce around...
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