Electrical & Power Industry News: Power/Electricity Distribution

Homeowners not leveraging available technology to reduce energy costs, emissions: says Schneider Electric report Although 70% of survey respondents recognize the importance of reducing their carbon footprint, many are still opting for small-scale solutions. Turning off lights is the most common energy-saving method, but accounts for just 5% of average energy bills. However, only 44% of respondents adjusted their ambient temperature, representing over half of household energy use. Schneider Electric,...

Blue Energy Motors to set up 30,000 EV truck plant in Maharashtra Pune-based Blue Energy Motors Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum in Davos. The company plans to invest Rs. 3,000 crore to establish a manufacturing facility for producing 30,000 electric trucks. Commenting on the partnership, Anirudh Bhuwalka, CEO of Blue Energy Motors, said, “We are excited to announce...

Klüber Lubrication displays Sustainable Solutions at Bharat Mobility Global Expo Klüber Lubrication is exhibiting its state-of-the-art solutions at the Bharat Mobility Global Expo 2025, at Yashobhoomi – IICC, New Delhi. The company’s booth, located in Hall 2 #N20 is showcasing a range of advanced products designed to enhance automotive component performance and reliability. Commenting on the company’s ‘Make in India’ commitments, Hitendra Bhargava, CEO and Regional Management Board Member Asia Pacific,...

ABB marks 75 years of operations in India ABB India marks 75 years of operations, a journey underscored by technological innovation, sustainable solutions, and significant contributions to India’s industrial and social development. Since its inception in 1949, two years after Indian independence, ABB India has played a pivotal role in enabling electrification, automation, and digitalization across utilities, industries, infrastructure and transportation, aligning closely with the nation’s growth priorities. ABB’s predecessor...

Finolex Cables launches FinoUltra wires with e-beam technology Electron Beam Cables Finolex Cables, a leading manufacturer of electrical and communication cables, has launched FinoUltra, a cutting-edge range of wires that leverage advanced Electron Beam (E-Beam) technology to meet the growing demands of modern infrastructure across residential, commercial, and industrial applications. FinoUltra wires utilize E-Beam technology to enhance mechanical and thermal properties, allowing them to sustain higher voltages with reduced radial thickness and...

Hartek bags 8 MW Solar EPC Contract in J&K Hartek Group’s C&I Rooftop Solar Business Unit has been awarded an 8 MW solar EPC contract by Kandhari Beverages, one of Hindustan Coca-Cola’s largest bottling plants. The project, set to become Jammu & Kashmir's largest rooftop solar installation, is scheduled for commissioning this quarter. Simarpreet Singh, Executive Director & CEO of Hartek Group, highlighted the project's significance, stating, "This remarkable 8 MW...

Jupiter International to invest Rs. 6,500 Cr in capacity expansion Jupiter International, a leading manufacturer of photovoltaic solar cells and provider of solar power solutions, announced plans to invest Rs. 6,500 crore over the next three years to expand its capacity across wafer production, solar cell manufacturing, and module assembly. Commenting on this, Alok Garodia, Managing Director, Jupiter International said, “At Jupiter, we are not just building capacity; we are redefining...

Waaree Energies starts trial production at 5.4 GW solar cell facility in Gujarat Waaree Energies, a leading solar PV module manufacturer, has announced the commencement of trial production at its cutting-edge 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. This milestone marks a significant step toward the company's vision of fostering backward integration within the solar energy ecosystem. The state-of-the-art plant is designed to produce high-efficiency solar cells, catering to...

Schneider Electric wins Indian Company of the Year 2024 award Frost & Sullivan recently assessed the metering industry, and based on its analysis, it has recognized Schneider Electric India Pvt Ltd (SEIPL) for the 2024 Indian Company of the Year Award. Schneider Electric India Pvt Ltd (SEIPL) is the Indian arm of Schneider Electric, a global leader in digital transformation of energy management and automation. A recognized name in India’s...

Khalsa EV launches new line of battery-operated 3-wheelers Khalsa E-Vehicles Pvt. Ltd, a Muzaffarnagar-based commercial electric vehicles manufacturer, launched its new line of battery-operated three-wheelers in the presence of Union Minister of State for Road Transport and Highways Ajay Tamta at the 21st EV Expo being held at Pragati Maidan, New Delhi. Khalsa EV inaugurated its latest three-wheeler model L5, named ‘Luka’, which is powered by high-speed Lithium-ion battery with a...

Transrail Lighting: IPO & Beyond | IPO Alert Transrail Lighting Ltd is all set to launch its Initial Public Offering (IPO) on December 19, with a price band of Rs 410-432 per share. The company aims to raise Rs 839 crore, with a market capitalization of nearly Rs 5,600 crore at the upper end of the price band. The IPO will close on December 23, and anchor investors can bid...

Transrail Lighting IPO to Open on December 19 Transrail Lighting Limited (TLL), a leading engineering, procurement, and construction (EPC) company, is set to launch its Initial Public Offering (IPO) on Thursday, December 19, 2024. The Bid/Offer Period will remain open until Monday, December 23, 2024, while the Anchor Investor Bid/Offer Period will open and close on Wednesday, December 18, 2024. The IPO comprises a fresh issue of equity shares aggregating up to...

SANY India Redefines Development with Revolutionary Equipment as ‘Chariots of Development’ at bauma CONEXPO SANY India, a leading manufacturer of construction equipment, have inaugurated its stall at the Bauma Conexpo 2024. With the theme ‘Chariots of Development,’ SANY India emphasizes its commitment to contributing to India’s ambitious vision of Viksit Bharat at 2047 and further driving the infrastructure growth and development. The product showcase celebrates the pivotal role of construction equipment...

SWELECT Celebrates 40 Years of Excellence in Renewable Energy SWELECT Energy Systems Ltd., a pioneer in renewable energy solutions, celebrated its 40th anniversary with a grand event in New Delhi last week. The occasion was graced by Shri Shripad Yesso Naik, Honourable Minister, as the Chief Guest, and an esteemed gathering of bureaucrats, officials, and industry leaders. In his keynote address, Shri Shripad Yesso Naik highlighted the pivotal role of renewable...

Electrical Installation Design for Hospital Operation Theatres l Critical Insights Given the critical nature of hospital Operation Theatres (OTs), well-planned electrical installations are crucial for operational efficiency, patient safety, and compliance with healthcare standards. To address these vital aspects, Mumbai-based Muhandiz Industries and Turkey's Aktif Elektroteknik recently organized an exclusive seminar on "Electrical Installation Design for Hospital Operation Theatres as per NEC SP30 2023 and IEC 60364-7-710" in Pune. This insightful event...