L&T bags international contracts
The heavy engineering arm of Larsen & Toubro has won significant contracts for critical reactors, equipment and systems for process plant sector, against stiff global competition.
Hanergy’s net profit surged to HKD 5.2 billion
Hanergy Thin Film Power Group released its annual results for the 2018 fiscal year. As per the company’s recent annual report, the group's revenue from contracts with customers in 2018 reached HKD 21.3 billion, approximately ramping up by 2.45 times compared to 2017.
ADD will not benefit inverters or transformers
After the government announced its plans of 100 GW addition, a high level of traction was perceivable in the market. This is because of the policy-level push from the central and the state governments.
Rural Electrification Rs.400 Billion Opportunity!
The Indian power equipment industry aspires to become a $100-billion industry by 2022, and its golden days have begun with programmes like rural electrification under the Deen Dayal Upadhyay Gram Jyoti Yojna
Equipment manufacturing likely to grow by 15-20%
In any given project - be it power, solar, wind, railway or process industry - the share of electrical scope is approximately 30 per cent in which 10 per cent would be for power electronics and 20 per cent towards conversion and general electrical equipments.
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