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Industry News Articles Current Technical Analysis, Views & Updates

L&T begins constructing 300MW Solar Plant in Saudi Arabia

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 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

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 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 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...

Atos, Dassault Systèmes, Groupe Renault, STMicroelectronics and Thales join forces to create Software République

Atos, Dassault Systèmes, Groupe Renault, STMicroelectronics and Thales join forces to create Software République     Elie Girard, Bernard Charlès, Luca de Meo, Jean-Marc Chery and Patrice Caine, respectively the chief executives of Atos, Dassault Systèmes, Groupe Renault, STMicroelectronics and Thales announced their intention to join forces to create the Software République, a new ecosystem for innovation in intelligent mobility. By pooling their complementary expertise, the partners plan to develop and market...

Schneider Electric Launches EcoStruxure Rail in India

Schneider Electric Launches EcoStruxure Rail in India Schneider Electric announced the launch of EcoStruxure Rail in India. Through this end-to-end digital solution, the company aims to build a collaborative digital environment for a safe, efficient, reliable and sustainable metro rail operations in the country. The solution also intends to significantly enhance smart management, provide electrical safety and improve energy efficiency by upto 25%, Enables efficiency planning services and safeguard system’s...

Hitachi and ABB target carbon-free mining machinery

Hitachi and ABB target carbon-free mining machinery Hitachi Construction Machinery Co. Ltd. has signed a Memorandum of Understanding (MoU) with ABB Ltd. to explore opportunities for mine operators to target net-zero emissions from mining machinery. This MoU will allow Hitachi Construction Machinery and ABB to share their expertise and collaborate in bringing solutions to market that will reduce the greenhouse gas (GHG) emissions associated with heavy machinery in mining. The companies will...

Vi unveils integrated IoT solutions for enterprises

Vi unveils integrated IoT solutions for enterprises Vi Business, the enterprise arm of Vodafone Idea Ltd. (VIL), announced the launch of its Integrated Internet of Things (IoT) solutions for enterprises. With this initiative, VIL will offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics, security and support. The offering is designed to simplify and accelerate the digital transformation journey for enterprises. Vi IoT is transforming the...

Tata Power Solar doubles its manufacturing capacity of cells and modules to 1,100 MW

Tata Power Solar doubles its manufacturing capacity of cells and modules to 1,100 MW Tata Power Solar Systems Limited, a wholly-owned subsidiary of Tata Power, announced a significant expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW. Commenting on the expansion, Dr. Praveer Sinha, CEO & MD, Tata Power said, “We are happy to expand our production capacity to meet the...

Ashok Leyland strengthens its footprint in green transport solutions

Ashok Leyland strengthens its footprint in green transport solutions Ashok Leyland, through its subsidiary Switch Mobility Ltd - the U.K. based EV producer of buses and vans, announced its global expansion plans into India and its plan to create two subsidiary companies. The first, Switch Mobility Automotive Ltd, is being formed to carry on the EV strategy in India, which forms part of its global entity. The second is OHM...

Eaton acquires 50% stake in China’s HuanYu High Tech

Eaton acquires 50% stake in China’s HuanYu High Tech Power management company Eaton announced it has completed the acquisition of a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures and markets low-voltage circuit breakers and contactors in China, and throughout the Asia-Pacific region. “Our partnership with HuanYu Group represents an exciting opportunity for both companies,” said Howard Liu, president, Asia-Pacific Region, Electrical Sector and Corporate...

Siemens Energy appoints Nadja Haakansson as Managing Director for Africa

Siemens Energy appoints Nadja Haakansson as Managing Director for Africa Siemens Energy announces the appointment of Nadja Haakansson as Managing Director for Africa, effective April 1, 2021. As Managing Director for Africa, Haakansson will be based in Morocco, and is responsible for supporting Siemens Energy’s business across the continent, as well as developing opportunities to meet the challenges of the energy transition, while improving access to stable, affordable, and sustainable energy....

1,200 km e-highway on Delhi-Mumbai Expressway for electric vehicles planned

India plans 1,200 km e-highway on Delhi-Mumbai Expressway for electric vehicles The Indian government plans to construct a separate e-highway on the 1,300-kilometre-long Delhi-Mumbai Expressway where trucks and buses can run at a speed of 120 kilometres per hour. Replying to a query during Question Hour in Lok Sabha, Road Transport and Highway Minister Nitin Gadkari said, "We are trying to build 'e-highway' on the 1,300-km highway between Delhi and Mumbai."...

Radiance Renewables buys Azure Power’s solar rooftop assets for Rs 536 Cr

Radiance Renewables buys Azure Power's solar rooftop assets for Rs 536 Cr Radiance Renewables Pvt Ltd, a 100 per cent subsidiary of the Green Growth Equity Fund, a leading Climate fund managed by EverSource Capital, signed an agreement to acquire non-core solar rooftop portfolio of Azure Power Global Ltd for Rs 536 crore. Azure Power’s rooftop portfolio generated Rs 33.1 crore in EBITDA for the 12 months ending December 30, 2020....
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