The global technology company, Siemens has partnered with and implemented the latest tunnel automation and digital technologies in the prestigious Atal Tunnel project.

The board of directors of Siemens Ltd has approved the sale and transfer of its mechanical drives (MD) business for a consideration of Rs. 4.4 billion to Flender Drives Pvt Ltd, subject to adjustment for the change in net current assets and capital expenditure, after June 30, 2020, up to the date of actual transfer of the MD business.

Cities in India can compete globally on parameters such as optimal use of resources, how we get around, ways to improve our productivity and wellbeing, according to the Atlas of Digitalisation, a data-driven index created by Siemens.

Siemens Ltd signed a Memorandum of Understanding (MoU) with NTPC Ltd, India’s largest power utility, to identify, evaluate and set up reference use cases of hydrogen sector-coupling for various upstream and downstream applications.

A consortium of Siemens and Sumitomo Electric Industries Ltd has been awarded an order from Power Grid Corporation of India, to supply a high-voltage direct current (HVDC) transmission system. The total size of the order won by the consortium is $520 million, of which the share of Siemens Limited is approximately Rs 1,682 crore.