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.
Category: Power & New and Renewable Energy
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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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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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CanadaÂ’s leading urban infrastructure companies to visit India
Twenty leading Canadian urban infrastructure companies will be visiting India from 15 – 20 May to explore collaboration opportunities with Indian business in the infrastructure sector. The delegation will visit the cities of Mumbai, Vijaywada and Hyderabad to engage with business and government leaders, and will also participate in Municipalika 2017, where Canada is the partner country. This visit has been co-organised by the Government of Canada and the province of Ontario.
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Switching on 10,000 MW!
NHPC Ltd, India's largest hydropower utility is a 'Miniratna' Category-I Enterprise of the Government of India. Established in 1975, the company was listed on the BSE and NSE on 1st September 2009, with its maiden IPO of over Rs.6,000 crore.
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Around 10 GW of solar installations expected in 2017, says Mercom
Mercom Communications India, a subsidiary of Mercom Capital Group, has released its quarterly update on the Indian solar market.
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Build green corridors to meet clean energy target of 175 GW, says CII
Major Renewable Energy players have called for state-level policies and green corridors to achieve the national target of ‘175 GW by 2022’ at the 4th CII Renewable Energy Summit which was recently held at New Delhi.
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ABB India bags Rs 178-crore contract from Bangladesh Power Grid Corp
ABB India has said that it has bagged a contract worth Rs 178 crore from Power Grid Corporation of Bangladesh (PGCB) for setting up two new sub-stations and upgrading two existing ones.
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NALCO dedicates 100.80 MW of Suzlon’s wind power plants to the nation
NALCO has dedicated 100.80 MW of wind power plants to the Nation. Jual Oram, Minister for Tribal Affairs and Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, were present on the occasion at Bhubaneswar, Odisha.
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Hartek Power bags 1,025 MW solar grid EPC orders in FY17
Chandigarh-based Hartek Power has said that its solar grid EPC order size has increased by 733 per cent to 1,025 MW in 2016-17, compared to 123 MW worth of orders the company had received in the previous fiscal.