A recovery in Asian demand and supply constraints in the global market has sparked an increase in price of commodities like copper, pushing manufacturers to increase cost of low-voltage electrical equipment. Electrical equipment such as circuit breakers, switching and control and metering products are used extensively in industrial, commercial and residential segments, with a significant chunk used in the power sector.
Author: admin (Infratructure Today)
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Don’t stymie equipment & technology
The recent inauguration of India's longest bridge above water, the 9.15 km Dhola-Sadiya bridge by PM Modi coincided with the completion of three years of his government in office.
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FranceÂ’s Boccard corporation in talks with L&T, Praj and Biocon for strategic partnerships
One of the worldÂ’s leading designers and builders of industrial facilities, Boccard S.A., is keen to expand in the areas of nuclear energy, biotechnology and biofuels in India.
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Asahi India Glass announces Rs.500 crore automotive glass plant in Gujarat
Asahi India Glass (AIS) plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Maruti Suzuki India Ltd at its newly-established Gujarat plant.
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Cabinet approves raising of bonds of Rs 2,360 crore RE
The Cabinet chaired by the Prime Minister Narendra Modi has given its approval to raising bonds worth Rs 2,360 crore for Renewable Energy.
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Cabinet approves Noida – Greater Noida Metro Rail Project
The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Noida - Greater Noida Metro Rail Project covering a length of 29.707 km. Total completion cost of the project is Rs 5,503 crore.
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India cancels 13.7GW of coal fired power proposals in May
The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44 /Unit (0.038USD/kWh), are the strongest indications yet that an energy transformation in India is gaining rapid momentum and global capital markets endorsement.
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Lodha UK raises USD 375 million construction finance
Lodha UK, the London based development arm of IndiaÂ’s largest real estate developer, Lodha Developers, has raised USD 375 million (GBP 290 million) as construction funding for its Lincoln Square development in London, located adjacent to the London School of Economics (LSE) and close to Covent Garden.
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USG Boral Announces New Manufacturing Plant in India
USG Boral, a global leader in building products technology, announced plans to build a new plasterboard plant in South India. The new plant will be operated by its India business unit, USG Boral Building Products India Pte Ltd.
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HCC-HSEPL JV wins Rs 673 crore order in Rajasthan
HCC, as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCCÂ’s share in the JV is 90% (Rs 605.70 crore).