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BHEL eyes larger role in defence
State-run power equipment maker BHEL is eyeing the defence manufacturing segment, in particular naval field guns and submarines as a growth sector.
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Chinas Sany Group to invest $3 billion in India
China´s construction equipment manufacturer Sany Group today expressed its intention to invest up to $5 billion (about Rs.33,000 crore), in renewable energy, construction equipment and housing sector in India, Sany Group Chairman Liang Wengen said.
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NOCL´s refinery project stuck
Nagarjuna Oil Corporation (NOCL´s) new refinery at Cuddalore has not received funds worth Rs 24 crore to pay salary to the employees and finance the cost of preserving the equipment.
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Switch to Development
With various developmental projects being launched or on the horizon, the stakeholders POWER TODAY spoke to felt that, the switchgears and control gears segment in the country is poised for hand-in-hand growth with the economy.
Switchgears, Power Generation, Electrical Equipment Industry, EPC, Transmission, Infrastructure, Technavio, LV Switchgears, Powergrid, PGCIL, AS Subramaniyan, IEEMA, Kshitij Batra, Schneider Electric India, GIS
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Current affair
The wires and cables industry has moved on from being the small industry it was 20 years back, to a very large industry over the last decade. Predominantly providing challenging opportunities in the field of manufacturing, supply chain and procurement, India as a market, is gaining importance in this industry.
Wires, Cable, CAGR, GDP, Netscribes, Power, Infrastructure, PPP, Railways, Renewable Energy, CIVUS, Manish Goel, Shilpi Cable Technologies Ltd, Auxillary, T&D Sector
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ABB Q1 net up 19% to Rs.57 crore
ABB India Ltd today announced that its net profit has risen 18.75 per cent to Rs 57.45 crore for Q2 ending June. ABB follows the January to December accounting period.
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PGCIL to commission Assam-Agra line by Aug-end
Transmission giant Power Grid announced that the 6,000 MW capacity Assam to Agra transmission line, costing Rs 12,000 crore, will be commissioned by month-end. ´The 1,730 km long 800 kV HVDC transmission line would start commissioning by either August 30 or August 31.
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All future projects of NTPC will be based on supercritical
Supercritical technology is an efficient technology as higher steam parameters lead to better efficiencies, which in turn means lesser fuel consumption.
AK Jha, NTPC, Supercritical Technology, Power Unit, Goi, Power Equipment, BHEL, IGCAR, Adv-USC Technology, Adv-USC Technology, CCS, Global Carbon Capture, GCCSI, R&D
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OEMs expect 25 per cent growth in EE industry
We all know that power is the most important and basic aspect of any industry, and that power in India is in shortage and of poor quality, unless we improve upon this we can´t expect investment. Though there has been a lot of improvement in the power situation, we are yet to see any significant impact in terms of growth in investment and business due to all this.
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