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L&T secures Rs 100-150 billion power transmission orders in West Asia

As of June, L&T's outstanding order book stood at Rs 4.90 trillion.Read more

Sterlite Power acquires Khavda Phase-IV (7GW): Part C project

The Phase IV, Part C project includes the construction of various major integral components – 1) a 258 km, 765kV transmission corridor connecting South Olpad (GIS) S/s to Boisar-II (GIS) S/s., 2) construction of a 6000 MVA, 765/400/220kV GIS Substation at Boisar-II. 3)Read more

Toshiba to invest JPY 10 bn in growing Indian manufacturing unit by 1.5 for T&D equipment

With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Read more

L&T power vertical to build solar and energy storage plant

The Solar PV plant at Kajra in Lakshisarai district will be a key element in Bihar’s plans to harness renewable energy for sustainable energy solutions.Read more

Gates Corporation to establish Global Technical Center at Lalru, Punjab

By setting up the Gates Global Technical Center, the company aims to enhance its capabilities in innovation to deliver advanced solutions to its global customer base.Read more

Sterlite Power and GIC collaborate for power transmission platform in India

The JV platform will be well-positioned to target the new opportunities emerging from the need for over USD 13.0 billion of CAPEX announced by the Government of IndiaRead more

Bonfiglioli Transmissions inaugurates 100 cr assembly facility in Pune

Spanning 42,500 square meters, the facility, which became operational on November 29, boasts advanced technology and real-time smart assembly processes within an environmentally sustainable and employee-friendly setting.Read more

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

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

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