The Power Enabler
Established in 1985 as a small enterprise in collaboration with a German company, Salzer Electronics today is a dynamic chain of four factories.
L&T, two others bag UP deal
Infrastructure major Larsen and Toubro (L&T), Genus Power and Allied Engineering have bagged a contract to supply 10 million pre-paid meters to Uttar Pradesh (UP) under the Saubhagya scheme, which aims to add more than 40 million households to the power grid by December this year.
We have an order book of 4-mn smart meters
Yes of course! Energy Efficiency Services (EESL)'s procurement of smart meters have already started pushing down the cost. In November-December, last year, EESL has come out with a large tender, and I remember, an announcement of 14 per cent lower pricing than the earlier tenders.
Elecrama 2018 was not merely an exhibition. It reflected the industry sentiment. Looking at the numbers- Rs 65 billion of business queries generated, footfall of around 298,000 and 1,200 exhibitors-it seems all is well with the power sector.
BHEL wins 2,400 MW project
In a surprise win, PSU giant BHEL has emerged the lowest bidder in the tender to build a 2,400 MW joint NTPC-Jharkhand government plant, beating Larsen & Toubro and Korea's Doosan. Estimated at around Rs 14,000 crore, it included EPC of 3x800 MW coal-fired plant and the Patratu Thermal Power Station.
India´s ´Power for All´ initiative and focus on reducing carbon footprint have put pressure on the need for safe, green energy that can be produced on a large and sustainable scale; and it is here where nuclear power races ahead of its competitors.
Rising ahead on overseas orders
Engineering and construction conglomerate Larsen and Toubro (L and T) has been seeking more orders from the international market as it expects domestic slowdown to impact the order inflows from local companies.
L and T [after releasing its quarterly earnings] has expected its order book to grow 15 per cent in the fiscal year ending March 2014. Its initial forecast of 20 per cent growth was later brought down due to poor investment climate. The company also indicated that demand will remain mu