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Siemens to invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

Kanpur Metro deploys ABB India’s electrification solutions for power control

ABB’s electrification solutions for metro have been deployed across 3 cities in Uttar Pradesh (Lucknow, Kanpur, Noida). The power distribution aids smooth operations of the Kanpur Metro, providing pollution free and safe commute to citizens and ease traffic congestion.Read more

ANEVOLVE POWERTRONICS opens factory to make power electronics in Bhiwadi

The cleantech-centric platform of ANAND Group, ANEVOLVE launched its first production facility at Bhiwadi, Rajasthan. The world-class factory powered by AI, ML and interactive equipment will manufacture power electronics for EV chargers, AC/DC converters, inverters, and consumer durables.Read more

HPL Electric's revenue grows 23% YoY in Q2 FY22; order book stands at Rs 859 cr

The Metering business revenue grew by 22% YoY to Rs 114 crores in Q2 FY22. The Consumer segment revenue surged by 20% YoY to Rs 175 crores owing to festive season demand and pick-up in economic activities in Q2 FY22. Read more

L&T Construction wins significant orders for various businesses

Businesses such as Power Transmission & Distribution and Buildings & Factories have been awarded contracts. The projects are in India and abroad in places like Dolvi, Ladakh, Ayodhya, Dubai, Africa, and Thailand.Read more

Will Rs 3.05 trn investment change the fortunes of power equipment makers?

The government has announced to invest Rs 3.05 trillion in power distribution sector to achieve the ambitious targets for its electricity sector and propel demand for power equipment. However, the crippled power transmission & distribution (T&D) sector could play a spoilsport? Read more

There is no alternative to automation in power distribution

India’s power sector is one of the most diversified in the world. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come.Read more

Powering India with new power generation technologies

The Indian transmission and distribution equipment market is expected to reach around $74 billion by 2020Read more

IIT Roorkee and ABB partner for smart power distribution

ABB India Limited has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee for technical cooperation to construct an operational smart electricity distribution network and management system (SDNMS) in its campus.Read more

Raritan’s KVM over IP makes smart manufacturing smarter in India

Products of Raritan, a brand of Legrand, will offer a holistic view of the manufacturing equipment’s and enable smart and secure remote management.Read more

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