ABBs wind and solar energy business in India grew 300 percentage last year
The Indian arm of the Swiss-Swedish engineering major ABB is looking to tide over the rough weather focusing on low risk short cycle orders, product indigenisation and increasing its exports. ABB India´s net profit rose over three times to Rs 59 crore for quarter ended December and Rs 179 crore for FY 2013, which is a 30% rise over the full year profit of the previous year. Wind and solar energy business grew 300% last year, the company management told analysts.
Jacobs bags BP deal for Oman gas
Jacobs Engineering has said that it has been awarded a contract by BP for process and infrastructure work on the greenfield Khazzan project in Oman. Jacobs is providing EPC management services in relation to approximately $2 billion of gas gathering and water pipelines, wellhead production facilities and export pipelines for the development of the southern sector of Block 61.
R and M is a key approach for optimum performance and availability
Old power plants, which are operating at capacity and efficiency much lower than their design parameters, can provide much more economical solution for capacity addition through EER and M, says HS Bedi, Sr. Vice President-Power, Engineering and Energy Services, Energo Engineering Projects Limited, while discussing about ageing power plants in India
Patel-Limak-Bhel Consortium emerges lowest bidder for Pakal Hydro project
Patel Engineering, a civil construction company focused on hydropower sector, announced that the company in consortium with Limak of Turkey and state-owned BHEL has emerged as the lowest bidder for the 1,000 MW Pakal DUL Hydroelectric Project - one of the largest hydropower projects in the country. The project 1000 MW (4 x 250 MW) hydropower project is being set up in the district of Doda, Jammu and Kashmir. The project is to be completed in 66 months and when completed will meet the annual ener
Su-Kam to commission 1 MW solar power plant for Punjab Engineering College
Su-Kam Power Systems has recently bagged a project to commission a 1 MW solar power plant for Punjab Engineering College in Chandigarh. The project requires Su-Kam to set up and maintain the solar system installed for a period of 10 years. The work on the installation shall commence from February 2014. This initiative of Su-Kam is in line with the Chandigarh Renewable Energy Science and Technology Promotion Society master plan.
Siemens wins world biggest onshore wind power order
Siemens won an order to supply 448 wind turbines with a total capacity of 1,050 MW to US-based MidAmerican Energy, which the German engineering group said was the largest single order for onshore wind power ever awarded.
Techno Electric to set up Rs 200 cr grid in Punjab
Leading EPC contractor and independent power producer Techno Electric & Engineering will build Rs 200 crore transmission network at Patran in Punjab on build, own, operate and maintain (BOOM) basis. The Bombay Stock Exchange-listed Techno Electric company will implement the project through the Patran Transmission Company, a special purpose vehicle (SPV).