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Landmark Mangaluru-Bengaluru LPG pipeline commissioned
December 2016
Ace Pipeline Contracts Pvt. Ltd, recently completed works and commissioned the Mangaluru-Hassan-Bengaluru-Mysore LPG pipeline project which was being constructed by it for Hindustan Petroleum Corp. Ltd (HPCL).
Halonix receives prestigious BIS certificate for LED street lights
December 2016
Halonix Technologies, has become the first lighting brand in the country to get Bureau of Indian Standards (BIS) certification for its spectacular range of LED street lights.
Philips Lighting accelerates sustainability initiatives in India
December 2016
Philips Lighting has accelerated its sustainability initiatives in India with the launch of its CFL and tube light safe disposal program.
India Grid Trust files draft offer document with SEBI for IPI aggregating Rs 26,500 million
December 2016
India Grid Trust, has filed a Draft Offer Document with SEBI for the proposed issue of its units for an amount up to Rs 26,500 million. IndiGrid is an infrastructure investment trust established to own inter-state power transmission assets in India.
Siemens process control system first product with IEC 62443 security certification
December 2016
Siemens is the first company to obtain security certification from TÜV SÜD (German inspection and certification organisation) for an automation system based on IEC 62443-4-1 and IEC 62443-3-3. In August 2016, Siemens had already become the first company to receive the TÜV SÜD security certification according to IEC 62443-4-1 for the general development process for automation and drive technology products, including industrial software, employed at seven German development locations.
Suzlon awarded 63 MW order from THDCIL
December 2016
Leading renewable energy solution providers Suzlon Group, announced its maiden order win for 63 MW from Tehri Hydro Development Corporation India Limited (THDCIL), a JV of GoI and Uttar Pradesh Govt.
Bosch India launches start-up accelerator program
December 2016
Bosch India launched its first accelerator program for start-ups called ‘discover, nurture and align- DNA.’ The 18 week program is an intense development, mentoring and piloting platform for start-ups.
Siemens sees 19.4percent increase in new orders
December 2016
For FY2016 ended September 30, 2016, Siemens Ltd. registered 19.4 per cent higher new orders at Rs 12,064.02 crore compared to Rs 10,107.49 crore in FY2015. Income from continuing operations grew by 11.4 per cent in Q4 2016 over the same quarter in the preceding year and by 6.7 per cent in FY2016 over FY2015 while maintaining stable profits.
China’s coal price increase not a sign of coal consumption rebound, say Chinese experts
December 2016
Despite the rapid increase in Chinese coal prices since June of this year, a new study by the Coal Strategic Planning Research Institute, a Chinese coal industry think tank, shows that both coal prices and imports will decrease in the long term.
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