Godrej Locking Solutions and Systems (Godrej Lockss), the 120-year-young locking systems and hardware solution manufacturer and part of the Godrej Group, has announced that design-led innovation will be one of the core pillars of its business growth strategy along with new product offering, increased reach within domestic market and expansion to several key international markets.
Author: admin (Infratructure Today)
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Exicom to deploy 1 GWh of energy storage solns
As India gears up for revolution in mobility, Exicom is all set to offer customers e-charging with convenience. Recently, the company has won EESL bid to supply 125 chargers through techno-commercial bidding process. These chargers are already installed successfully.
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Flexenclosure opens second production facility in Sweden
Swedish provider of sustainable Internet infrastructure Flexenclosure is establishing a second production facility in western Sweden to manage the increasing global demand for its prefabricated eCentre data centres.
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Rays Future Energy launches 60 MW project in Karnataka
Rays Future Energy, a subsidiary of Rays Power Infra, is commissioning a 60 MW of capacity under open access systems in Karnataka, which will be completed by the end of the current fiscal year.
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Twin headwinds threaten to alter Indian aviationÂ’s flight path
Despite a raft of policy facilitations, domestic airlines are flying into two major headwinds – crippling infrastructure constraints at major airports, and an uptick in fuel prices – which could mean growth in domestic air passenger traffic may have peaked out for the medium term.
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Solar Tenders witness drop in November
Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
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Suzlon wins 252 MW wind power project order
A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI - I and SECI- II auctions.
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Bond Market Issuances Likely to Remain Stable
India Ratings and Research (Ind-Ra) expects primary market activities in the corporate bond market to remain steady, however, growth will be protracted owing to muted capex plan for Corporate India.
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New bidding guidelines to boost wind power sector: ICRA
The recent notification of bidding guidelines by the Government of India for the award of wind power projects is a positive development for the sector. The guidelines address some of the key concerns for the sector pertaining to off-takerÂ’s credit profile, grid curtailment and termination payments.
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State Government of Maharashtra considering indemnifying bankers in infrastructure project funding
With huge infrastructure projects underway in Maharashtra, the state government is looking at restructuring its funding model so that bankers who are willing to fund projects will be covered by the government. This will form part of the agreement that they sign with the developers.