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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

Rolls-Royce and Goa Shipyard Ltd agree to manufacture MTU engines in India

Rolls-Royce and Goa Shipyard Limited (GSL), a premier defence shipbuilding yard in India under the Ministry of Defence, have agreed to cooperate in the local manufacturing of technologically-advanced MTU Series 8000 engines in India.Read more

MTU Yuchai Power celebrates production of the first MTU Series 4000 engine

MTU Yuchai Power, a joint venture set up between Rolls-Royce Power Systems and the Chinese diesel engine manufacturer Guangxi Yuchai Machinery Company, is preparing for the start of series production of MTU Series 4000 engines.Read more

TechnipFMC in India under CSR program promotes clean energy

With an aim to promote clean energy, TechnipFMC in India has taken up a CSR initiative to install a solar power system of 6 kW at Morning Start High School in Karur district of Tamil Nadu.Read more

Affordability spurs growth of portable UPS systems in India

Growing demand for better quality products at competitive prices is driving manufacturing companies to innovate and produce efficient products, says Ankur Gupta. Power shortage in India demands for back-up power systems. Read more

Pune Techtrol inaugurates new manufacturing unit

Pune Techtrol Pvt Ltd, a noted manufacturer of level measuring instruments, recently inaugurated their new manufacturing unit located at J-52/7, MIDC, Bhosari, spread over an area of 2500 sq.mtr. The unit has been designed by renowned architect Mr Shridhar Toknekar. Presently, Phase 1 has been competed with a total built up area of 1300 sq.mtr, and Phase 2 will be constructed for future expansion to increase the total built-up area to 2500 sq.mtr. Read more

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