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Mario Azar named new President of Black & Veatch’s power business
Azar will serve on thew company’s executive company along with leading important aspects of the power business.Read more
Hitachi acquires ABB's power grids business for $11 bn
Power electronics giant Hitachi has agreed to acquire ABB’s power grids business in an $11 billion (£8.7 billion) deal. Initially, Hitachi will acquire an 80.1 per cent stake in the power grids business and expects to close the acquisition in the first half of 2020, making power grids a consolidated subsidiary. Read more
GF Machining Solutions provide 3DS-enabled die-sink machines
3DS technology smoothens out the distance between the peaks and valleys on the mould surface, but not to a point where the peaks are eliminated.Read more
Create dedicated lending window for MSME sector: R Narayan
As 2019 dawns upon us, the performance of India’s MSME sector will be critical in moulding the growth trajectory of the Indian economy, says R Narayan, Founder & CEO, Power2SMERead more
Sterlite Power bags power transmission project in Brazil
An investment of nearly $0.6 bn will be required for the project, which will include 6 substations.Read more
Braking system supplier WABCO signs $950 mn deal with global manufacturer
Under the agreement, WABCO will be supplying its leading braking, advanced driver assistance systems and efficiency technologies to the OEM.Read more
Hitachi to acquire ABB's power grids business
Hitachi plans to strengthen its energy solutions business through this deal and expects to close the acquisition by the first half of 2020.Read more
BorgWarner to showcase clean and efficient technologies at SIAT EXPO in Pune
Some of the products to be exhibited will include exhaust gas recirculation (EGR) technologies, the advanced exhaust heat recovery system (EHRS), variable turbine geometry (VTG) turbocharger among others.Read more
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Precision Technologies eyes auto sector for growth in India
The company will showcase its friction stir welding (FSW) capabilities for the benefit of delegates at IMTEX 2019, the mega expo for machine tools industry in IndiaRead more
Efficient distribution transformers must to maximise energy output
On an average about Rs 10,800 crore to Rs 14,500 crore can be attributed to technical losses inside the distribution transformers in India. Hence, there is a significant potential to reduce these losses. In order to create awareness about the issue, International Copper Association India (ICA India), in association with BIS and Indian Transformer Manufacturer’s Association (ITMA), organised a seminar on energy-efficient distribution transformers.Read more