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Tata Power signs MoU with ADB for $4.25 billion to finance clean energy projects

The total estimated project cost is approximately $4.25 billion. Read more

Vadodara power equipment makers see strong growth amid renewable energy boom

Vadodara has been a key player in power equipment manufacturing for five decades, home to around 200 medium and large manufacturers, including major names like ABB, Siemens, and Schneider Electric. Read more

Govt to establish R&D centre for renewable energy components: Pralhad Joshi

In addition, Joshi revealed that a dedicated task force, including officials from the power ministry, MNRE, and key industry stakeholders, will be formed to expedite the efforts needed to meet the 500 GW renewable energy target by 2030. Read more

SCMHRD, Pune wins at Cummins’ REDEFINE 2024 B-school case study competition

A total of 3780 students participated across 1260 teams, representing 18 of the nation’s top B-schools, fostering a vibrant exchange of ideas and innovative thinking. Read more

Servotech secures order of 2 MW on-grid solar power plant from UPNEDA

The project also encompasses Servotech to deliver warranty maintenance for the next 5 years, tending to different 11 to 100 kW on-grid solar PV installations done at 67 various locations in the state of Uttar Pradesh. Read more

Socomec appoints Devender Singh Manhas as Head - Commercial Supply Chain

With a workforce of 3900 employees, 12 production sites, and over 30 subsidiaries spanning five continents, Socomec Group is a key player in the industry. Headquartered in Chennai, Socomec India boasts branch offices across 12 locations nationwide, with a cutting-edge manufacturing facility situated in Gurugram, Haryana.Read more

Atlas Copco Group appoints Shalini Sharma as new General Manager

Having been with the company since 2010, Shalini brings a deep understanding of Atlas Copco’s values, culture, and market dynamics, along with over two decades of experience in brand management, communications, and digital marketing strategy.Read more

52% Indians open to adopt solar if incentivised with easy financing: Luminous

However, the price sensitive population finds cost as a major challenge in adopting rooftop solar with 92% finding installation costs a barrier.Read more

INOX to set up mini LNG terminal for Island Power Producers in the Bahamas

The contract would include the supply of 10 vacuum insulated storage tanks of 1500m3 capacity and a regasification system. Read more

France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM

With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more

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