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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

Global belt drives market to reach $9.1 billion by 2030: Report

V-belt drives segment is projected to record 4.3 per cent CAGR and reach $ 5.3 billion by 2030, according to the ResearchAndMarkets report. Read more

Talbros Automotive secures Rs 580 cr new business, including major EV order

A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more

KEC International wins new orders of Rs 1,005 crores

The business has secured an order for 25 kV Overhead Electrification (OHE) & associated works in the conventional segment in India.Read more

Sterlite Power demerges Transmission and Products Business

This move comes as part of the Company?s intent to create ?pure play? business verticals based on their end-customer base, investor class and returns.Read more

Larsen & Toubro partners with IIT Indore for advancing RE Integration

Through this engagement, L&T’s Smart Grid Solution Centre of Excellence will be established to collaborate with the students’ Learning & Experience Program at IIT Indore.Read more

KEC International secures $138M NEOM Transmission Project in Saudi Arabia

Vimal Kejriwal, the Managing Director and CEO of KEC International, announced this significant deal, highlighting the company's strong global presence in the power transmission and distribution sector.Read more

Sterlite Power acquires Beawar Transmission project from REC

The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) process in August 2023.Read more

KEC International wins new orders of Rs 1,012 crores

Civil business bags prestigious orders in the Data Centre and FMCG segments Read more

HFCL secures Rs 82.60 cr telecom order, reports strong Q1 performance

Himachal Futuristic Communications Limited (HFCL), backed by Reliance Industries had been awarded the contract for supplying optical fibre cable to an Indian telecom company.Read more

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