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Decentralized energy supply infrastructure: vital prerequisite for greater use of renewable energy
Securing a reliable, affordable and highly efficient energy supply – that's what's driving the steadily growing use of decentralized energy supply technologies by industry, municipal utility companies, the retail sector, real estate companies and residential housing providers.Read more
Indian firms to spend Rs 1 trillion on maintenance capex
Corporates are likely to show an unwillingness to invest in long-term projects due to muted demand and significant leverage, despite a low interest rate environment, says Priyanka Poddar.Read more
Dow banks on innovation to propel growth in India
The company, which works closely with over 300 customers to outline next generation priorities, emphasises on local R&D and collaboration across government, industry and academiaRead more
IndiGrid delivers robust quarterly performance
IndiGrid, India's first Infrastructure Investment Trust (InvIT) in the power sector, announced its first full quarter results. Consolidated revenue stood at INR 1,323 million on the back of high asset availability. Consolidated EBITDA for the quarter was INR 1,223 million resulting in Net Distributable Cash flow (NDCF) of INR 1,014 million.Read more
IndiGrid approves acquisition of three power transmission assets
ndiGrid, India’s first Infrastructure Investment Trust in the power sector, has approved the acquisition of three power transmission assets from its sponsor Sterlite Power Grid Ventures Ltd at a value of INR 14.9 billion. These acquisitions result in a 40% increase in AUM, from INR 38 billion to INR 53 billion.Read more
Pumps And Valves: Growing At a Steady Clip
Assurance about growth is like music to the ears. So is the case with the Indian pumps and valves industry. According to Frost and Sullivan, the compounded annual growth rate (CAGR) for the pumps and valves industry would be between 15-17% for the next five years. The pump industry is growing at the rate of 15% per year. The organised sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.Read more
TUV India Reinforces its Commitment to Oil and Gas Sector
As a global technical services provider in the fields of inspection, certification, testing, verification and conformity assessments, TUV India (member of TÃœV Nord Group) stands for safety and trust and meets technical, quality and performance-related requirements of its customers.Read more
