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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
KBL conducts live demo of solar pumping system at Kisan Fair 2016
Kirloskar Brothers Limited (KBL), a market leader in fluid management solutions for large infrastructure projects participated at the Kisan Fair, 2016 held at Pune from 14-18 December 2016, with a display of agricultural, domestic and industrial products.Read more
ABB energizes transformer at world record voltage level of 1.2 million volts
Pioneering 1,200-kilovolt alternating current transformer technology for India’s ultrahigh voltage grid plan ABB has developed, manufactured and energized a 1,200-kilovolt (kV) ultrahigh voltage power transformer to support India’s plans to build a 1,200 kV transmission system, supplementing the existing 400 kV and 800 kV transmission grid as demand for electricity increases. Read more
