Leadership Changes at Perkins Engines Co.
Perkins Engines Co. Ltd, a subsidiary of Caterpillar Inc., has announced the appointment of David Nicoll in the Industrial Large Engine department as Product Manager. Nicoll will lead global strategy, product introductions and lifecycle management for industrial 9.3-18 litre engines at the Mossville facility in Illinois, US.
Rosatom: A Global Leader in Nuclear Power
Rosatom Russian State Atomic Energy Corporation is one of the global technological leaders in the field of nuclear technology. It is one of the largest companies of the Russian Federation.
India's Power League
India is the world's third largest producer and fourth largest consumer of electricity. With such a large size and being a capital intensive business, it has got its own importance.
Safeguard Duty: A Trade Barrier
The domestic manufacturers have had a long history of conflict against the imported solar components as foreign (Chinese) suppliers continued dumping solar components in India at a much lower rate than the existing market price. Therefore, the domestic manufacturers requesting the Government of India to safeguard the domestic industry growth was quite a valid appeal.
"India needs at least USD 125 billion to fund the 175 GW target"
Manoj Gupta, Vice President-Solar Business, Fortum India opines most of the financing received for the renewable energy development comes from the domestic banks. However, with the current level of fund generation, it is difficult to sustain solar energy goals.
"Least cost ramp-up could be achieved through TBCB only"
Ved Mani Tiwari, Chief Executive Officer (Global Infra Business), Sterlite Power Transmission, believes that transmission projects offer a significant change in risk profile, post the commissioning of projects on account of low collection risks and these projects generally get a priority in funding over other infrastructure projects.
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