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Electrical & Power Industry News: Power/Electricity Distribution

HPL Electric and Power reports revenue of Rs 308 Cr in Q4 FY21

HPL Electric and Power reports revenue of Rs 308 Cr in Q4 FY21HPL Electric and Power Ltd has reported strong performance in Q4 FY21 led by robust growth in the Metering and Consumer segment (B2C). The Metering business has witnessed an improved performance in Q4FY21 than the previous three quarters due to increased inspections and dispatches. The Metering business clocked the revenue of Rs 142 crores in Q4FY21, thereby...

HPL Electric & Power to install 4G & 5G compatible NB-IoT technology smart meters in Delhi

HPL Electric & Power to install 4G & 5G compatible NB-IoT technology smart meters in Delhi HPL Electric & Power Ltd, India’s leading meter and electrical equipment manufacturing company, has received approval and production clearance from leading Private Distribution Company for the implementation of NB-IoT based Smart Meters in the part of National Capital, Delhi.HPL’s new range of smart meters with Narrow Band-Internet of Things (NB-IoT) communications technology smart meters...

Schneider Electric Unveils New Research and IT Innovation to Meet the Demands of a Digital-First Future

Schneider Electric Unveils New Research and IT Innovation to Meet the Demands of a Digital-First Future Schneider Electric released a research report to foster an understanding of how digitized and smart applications will be powered in the future. The report titled Digital Economy and Climate Impact predicts IT-sector related electricity demand is expected to increase by nearly 50% by 2030. Yet, as the electricity system decarbonizes, emissions would not increase...

Free Webinar on Zoom | Development Debate on: Manufacturing Safety on June 22, 2021 11:30 AM

Development Debate on: Manufacturing Safety Free Webinar on Zoom | June 22, 2021 11:30 AM Are you a manufacturer / factory manager / facilities manager / plant manager / shop floor manager / production operator? Here’s a must-attend event for you!mojo4industry will conduct a Development Debate titled: Manufacturing Safety on 22nd Jun at 1130 AM. Sponsored by @Messer Cutting Systems India Private LimitedHere’s a must-attend event for you! Click here for Free...

Hitachi ABB Power Grids in India sets 2030 carbon-neutral program and targets

Hitachi ABB Power Grids in India sets 2030 carbon-neutral program and targetsHitachi ABB Power Grids in India today announced a comprehensive program to achieve carbon-neutrality targets by 2030 in its own operations, reaffirming its commitment to a sustainable energy future. In parallel, the Company is continuing to mobilize resources to safeguard employees and aid India’s COVID-19 relief efforts. Contributing to the drive to ‘build back better’, the pioneering technology leader is...

Havells net profit rises 71% to Rs 304 Cr in Q4

Havells net profit rises 71% to Rs 304 Cr in Q4Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company, reported 70.95 per cent rise in consolidated net profit at Rs 302 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 177 crore in the year-ago period, Havells said in a statement. Commenting on the financial performance Anil Rai Gupta, Chairman...

Schneider Electric launches new-age EcoStruxure 43U C-Series Micro Data Center

Schneider Electric launches new-age EcoStruxure 43U C-Series Micro Data CenterSchneider Electric announced an expansion of the EcoStruxure Micro Data Center C-Series with the new 43U, offering the greatest capacity in the company’s commercial and office line of micro data centers. Featuring intelligent cooling technology for enhanced protection and energy efficiency, the new 43U C-Series is the only solution on the market that automatically switches between three cooling modes depending...

LED Lighting Market: Industry Trends

LED Lighting Market: Industry Trends The effectiveness of the equipment and appliances used in businesses and homes has expanded enormously in recent years. But, there is still a lot that should decrease the amount and moderate energy consumption growth in commercial and residential buildings.In the present market state, LEDs have acquired a new height in the lighting market. Key variables behind this are the consistent declining LED costs in the...

Eaton’s AFDD+ protects your home against electrical fire

Eaton’s AFDD+ protects your home against electrical fireAs 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 ProjectsState-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 revenueFor 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 costsSolar 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: IEARenewable 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...
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Products of the Month

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Normet launches Variomec XS for underground logistics

Normet launches Variomec XS for underground logistics Normet is a Finnish company operating globally with over 50 locations in 33...
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