Commodity price inflation to impact cost of low-voltage electrical equipment
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.
New rules to bar Chinese in power sector
India will soon bar Chinese power companies from projects in the power sector on security concerns after a policy that will define new conditions for foreign firms eyeing the multi-billion dollar market in one of the fastest growing major economies in the world.
Big push to Nuclear
The Union Finance Minister Arun Jaitley has turned his focus on to nuclear energy as a source of power generation in a bid to diversify the power sources, in his Budget 2016-17, presented on February 29, 2016.
High cost of finance requires immediate attention
The Indian power sector is undergoing important changes that are redefining the industry outlook. Persistent economic growth continues to drive power demand in India. The government had taken various initiatives in order to achieve the power generation target for FY2016.
Electrical equipment grows by 11.47% in Q3
The electrical and industrial electronics industry has witnessed 11.47 per cent growth in third quarter of FY 2014-15. The overall industry has grown by 8.95 per cent in nine months of this fiscal.
Keeping in line with the government of India´s vision, INTELECT brought together policymakers, business leaders, and academicians to discuss smarter cities, optimising grid efficiencies and overall, improving the quality of life for the citizens of India.
Advertise Here [300 W x 250 H pixels]