Infrastructure

TERI signs MoU with Tata Steel Foundation for The Green School Project The Energy and Resources Institute (TERI) and Tata Steel Foundation (TSF) signed a Memorandum of Understanding (MoU) on Tuesday in New Delhi to collaborate on implementing the latest stage of The Green School Project which aims to create awareness about environment conservation in the school network. TERI and TSF will collaborate on The Green School Project – Phase V...

Skipper’s engineering business wins order worth Rs 225 Cr Skipper Limited, one of the leading manufacturers for power transmission & distribution structures and a prominent manufacturer of telecom and railway structures, announced that it has secured fresh new order of Rs 225 crores for several domestic and international T&D projects including telecom. The company’s engineering business has secured export orders of Rs 125 crore for several T&D projects across Latin America,...

Electric vehicle market to grow at CAGR of 49% between 2021-2030: IESA report Indian electric vehicle (EV) market would expand at a CAGR of 49% between 2021 and 2030 and is predicted to reach annual sales of 17 million units by that time, with almost 15 million of those projected to be electric two-wheelers, said the “2021 India Electric Vehicle and Component Market Overview Report 2021-2030” report released by India...

ABB opens campus for machine automation at B&R in Austria ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. The new campus will create up to 1,000 additional high-tech jobs and includes world-class research and development laboratories, as well as global training facilities for up to 4,000 people per year in collaboration with universities. ABB...

Schneider Electric to expand its presence to 2,000 retail stores by FY23 end Schneider Electric announced its omni-channel retail outreach: ‘Schneider Electric (SE) Retail Pavilion’, targeted at retailers across the country. Through this concept, the company plans to enroll, scale, and upskill retailers and be a partner in their journey of digital transformation. The company has partnered with over 500 retail stores as SE Retail Pavilions, for its B2C business, and...

Maharashtra makes Fire Evacuation Lift Mandatory in High-Rise Buildings Maharashtra has become the first State in India to make Fire Evacuation Lifts mandatory for buildings 70 meters and above since January 2018 in what is termed as the solution to mounting emergencies during fire-fighting and provide a safe evacuation mechanism for people and assist Fire Officers to save lives and assets. A circular issued by Maharashtra's Energy Department in conjunction with...

JK Lakshmi Cement introduces its cement products in Central-East UP JK Lakshmi Cement has launched its cement brands in Eastern and Central Uttar Pradesh. JK Lakshmi cement and its premium brand, JK Lakshmi PRO+ Cement was unveiled at an event in the Amethi Plant in the presence of its top officials, business associates, and channel partners. The first truck filled with JK Lakshmi Cement was dispatched to Shri Ram Mandir in...

CII certifies ABB India as a ‘Responsible Export Organization’ Confederation of Indian Industry - Institute of Quality (CII-IQ) awarded the ‘Responsible Export Organization’ compliance certificate to ABB India’s Electrification Distribution Solutions (ELDS) business in April 2022. The certification encompasses all business operations related with design, manufacture, marketing, retrofit and services of switchgear products and solutions of medium voltage and low voltage switchgear, relays and other automation solutions. This certification applies...

Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission (CERC). Backed by the latest technology and a series of innovative features, the exchange promises to offer speed, transparency, and better price discovery in the execution of trades. The exchange will initially offer trading in Contingency contracts, Green Contingency contracts,...

Digitalisation & Machine Tool 4.0 | Development Debate | mojo4industry https://youtu.be/TzQyOKX4QJc Machine tools have critical role in manufacturing industry and are called the ‘mother machines,’ because they make other machines possible. Machine tools market in India is expected to exhibit a CAGR of 11.45% during 2022-27. We are now in the fourth industrial revolution, also known as Industry 4.0, which is about using technology and efficient processes alongside more intelligent platforms. Things...

Escorts is now Escorts Kubota Escorts Limited announced that it has received requisite approvals for the name change of the Company from "Escorts Limited" to "Escorts Kubota Limited" with effect from June 9. "Escorts and Kubota Corporation, Japan had decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity," an official statement said. It adds, "Kubota has increased its equity stake in Escorts...

Tata Projects to build Noida Airport; pips L&T, Shapoorji Pallonji Tata Projects has been selected by Yamuna International Airport Private Limited (YIAPL) to undertake the engineering, procurement, and construction (EPC) of Noida International Airport (NIA). The company beat L&T and Shapoorji Pallonji for its only second airport project after Allahabad. Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at Noida International Airport. Christoph...

Schneider Electric, ETAP announce new digital twin integration Schneider Electric and ETAP today announced the integration of EcoStruxure Power Operation with ETAP Operator Training Simulator (eOTS) and ETAP Power System Monitoring & Simulation (PSMS) enabling model-driven power system training and predictive analysis for operators and engineers. This unique integration allows all EcoStruxure Power Operation systems to connect with ETAP Electrical Digital Twin on a continuous real-time basis. With this connection, operators...

Magenta aims to hire over 340 employees in 2022 Magenta, India’s homegrown integrated Electric Vehicle (EV) charging and mobility solutions company, is all set to hire over 340 employees in 2022. The announcement comes amidst Magenta expanding its geographical presence with new offices in Bengaluru, Hyderabad and Delhi NCR. The company is looking for a variety of positions, including entry-level, mid-level, and experienced candidates. Magenta with its expansion and advancement plans...

L&T, Komatsu, Scania showcase biofuel compatible equipment at EXCON Larsen & Toubro, Komatsu India and Scania India put together an impressive display at Excon 2021 to showcase their technological strengths and service capabilities and reaffirm their strong commitment to sustainability. Four new environment-friendly, B20-biodiesel ready, hydraulic excavators - Komatsu PC205-10MO Hydraulic Excavator, Komatsu PC500LC-10R Hydraulic Excavator, Komatsu PC210LC-10M0 Super Long Front and Komatsu GD535-6 Motor Grader - were launched on the...