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.
FlashNews:
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Tag: Aluminium
NALCO may have to revisit Iran smelter unit plan
India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billion smelter unit in Iran, a top official has said.
Steel and style
Pre-engineered buildings (PEBs), a popular concept in North America and Europe, have been gaining momentum in India also, since their entry 15 years ago.
The major reasons behind the growth of PEBs are reduced construction time, faster occupancy, earlier returns on investment, reduced labour at site, architectural/design flexibility, eco-friendliness and easy installation and maintenance
IWT has suddenly become doubly meaningful.
Sumit Banerjee, former Vice Chairman, Reliance Cement and MD&CEO, ACC Ltd, tells Rouhan Sharma it is only a matter of time before companies evince more interest in waterways for competitively transporting goods.
Mines Min propose scrapping export tax on iron pellets
The mines ministry has written to the finance ministry to propose scrapping a 5 per cent export duty on iron ore pellets, Mines Secretary Balvinder Kumar said, adding the government could also look at abolishing duty on low-grade iron ore.
Expansion joints: a must in every construction
The term expansion joints refer to the isolation joints provided within a structure to permit the separate segment of the structural frame to expand and contract in response to temperature changes without adversely affecting the structural integrity or serviceability.
A ´Supreme´ insulator for air-conditioners
The Supreme Industries Limited has introduced INSUflex, a high-vapour resistant insulator for air-conditioning applications.
Another milestone in Karnataka's solar plans
Jindal Aluminium Limited (JAL), India's leading manufacturer of aluminium extruded profiles, commissioned the company's first photovoltaic grid connected solar power generation plant at Chitradurga, Karnataka,
Mcnally Bharat wins contract
McNally Bharat Engineering secured a Rs 277 crore contract for construction of portion of four laning of national highway. The project is to be completed within 22 months.
Nalco mulls 1 mn t refinery in Gujarat
Aluminium major Nalco plans to set up a 1 million tonne per annum capacity alumina refinery in Gujarat at an investment of Rs 4,500 crore. The company is in the process of preparing a Detailed Project Report (DPR) for this purpose.
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