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Maruti shuts Haryana factories to make oxygen for medical needs

April 28, 2021

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...

Electrical & Power

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

April 28, 2021

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....

Industry News Articles Current Technical Analysis, Views & Updates

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

April 28, 2021

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...

Electrical & Power

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

April 26, 2021

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...

Electrical & Power

Power Grid to launch InvIT IPO on April 29

April 24, 2021

Power Grid to launch InvIT IPO on April 29 State-owned Power Grid Corporation of India (PGCIL) to launch its Infrastructure Investment Trust (InvIT) on April 29. PowerGrid, in a regulatory filings with Securities and Exchange Board of India (SEBI), said that its issue comprises Rs 4,994 crore of fresh issuance and an offer for sale, the amount of which was undisclosed. It said, “The selling unitholder will be entitled to the proceeds...

Electrical & Power

EDF submits binding techno-commercial offer for Jaitapur

April 23, 2021

EDF submits binding techno-commercial offer for Jaitapur French state-run power utility firm Électricité de France S.A.(EDF) has submitted binding techno-commercial offer to state-run Nuclear Power Corp. of India Ltd (NPCIL) for construction of six EPR reactors at Jaitapur site in Maharashtra. As per the offer, EDF will provide the EPR technology for the construction of six reactors. The Group relies on the know-how of its subsidiary Framatome to supply the engineering...

Electrical & Power

Ola announces World’s Largest Electric 2-Wheeler Charging Network

April 23, 2021

Ola announces World’s Largest Electric 2-Wheeler Charging Network Ola Electric today revealed its plans for providing charging solutions to all its electric two wheeler customers and unveiled the Ola Hypercharger Network, the charging network for its upcoming two wheeler products starting with the Ola Scooter to be launched in the coming months. Ola will offer the most comprehensive set of charging options to its electric vehicle customers through a combination of...

Electrical & Power

Subex launches HyperSense, an end-to-end augmented analytics platform

April 22, 2021

Subex launches HyperSense, an end-to-end augmented analytics platform Subex, a pioneer in Digital Trust, today launches HyperSense, an end-to-end Augmented Analytics platform that helps enterprises make faster, better decisions by leveraging Artificial Intelligence (AI) across the data value chain. Developed based on Subex’s extensive data analytics experience, HyperSense contains all the Augmented Analytics capabilities enterprises need in one flexible and modular platform. HyperSense‘s unique no-code capabilities allow users without a knowledge...

Industry Segments Online News Updates

Siemens, Google Cloud to cooperate on AI-based solutions in manufacturing

April 22, 2021

Siemens, Google Cloud to cooperate on AI-based solutions in manufacturing Google Cloud and Siemens, an innovation and technology leader in industrial automation and software, announced a new cooperation to optimize factory processes and improve productivity on the shop floor. Siemens intends to integrate Google Cloud’s leading data cloud and artificial intelligence/machine learning (AI/ML) technologies with its factory automation solutions to help manufacturers innovate for the future. Data drives today’s industrial processes,...

Construction

L&T completes 75 years of Construction & Mining Machinery business

April 22, 2021

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...

Electrical & Power

IEX starts cross border electricity trade on its platform

April 22, 2021

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...

Electrical & Power

Schneider Electric partners with top 1,000 suppliers to help reduce their operations’ CO2 footprint 50% by 2025

April 22, 2021

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...

Electrical & Power

Procter & Gamble commissions 1MW in-house solar plant at Hyderabad site

April 22, 2021

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...

Electrical & Power

Adani Electricity Mumbai commissions synthetic ester oil filled transformer at Borivali

April 22, 2021

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...

Healthcare

India to setup 16 Active Pharmaceutical Ingredients manufacturing plants

April 16, 2021

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...

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ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue

ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue The 10th edition of the ET NOW Global Business Summit...

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Industry Segments Online News Updates

Maruti shuts Haryana factories to make oxygen for medical needs

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

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

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

Power Grid to launch InvIT IPO on April 29

EDF submits binding techno-commercial offer for Jaitapur

Ola announces World’s Largest Electric 2-Wheeler Charging Network

Subex launches HyperSense, an end-to-end augmented analytics platform

Siemens, Google Cloud to cooperate on AI-based solutions in manufacturing

L&T completes 75 years of Construction & Mining Machinery business

IEX starts cross border electricity trade on its platform

Schneider Electric partners with top 1,000 suppliers to help reduce their operations’ CO2 footprint 50% by 2025

Procter & Gamble commissions 1MW in-house solar plant at Hyderabad site

Adani Electricity Mumbai commissions synthetic ester oil filled transformer at Borivali

India to setup 16 Active Pharmaceutical Ingredients manufacturing plants

ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue

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