Category : News

The interest in the distribution utility with an annual revenue of around Rs 3,200 crore comes against the backdrop of the govt.’s power sector reform measures January 24, 2018 At least four companies—Tata Power, Adani Group, Torrent Power and Greenko Group—have shown interest in acquiring Central Electricity Supply Utility of......

L&T’s power business has also secured another order from Power Grid Corporation of India Limited for rural electrification works in Jammu & Kashmir. February 19, 2019 The business has secured an order for constructing 220kV & 110kV Transmission Lines in Kochi, Kerala. Advanced Multi-Circuit Multi-Voltage narrow based towers will be......

Linking Newfoundland and Labrador to Nova Scotia and other energy markets in Canada and the American Northeast, the Maritime Link will transport up to 500 MW of renewable energy to the region. January 18, 2017 With its sustainable development strategy and diverse natural resources, Canada is today the 4th leading......

According to management, these acquisitions would increase IndiGrid portfolio IRR to 11%, based on the current price and will enable a Distribution per Unit of around Rs. 12 for the next five years. February 20, 2018 IndiGrid has completed the acquisition of three transmission assets from its Sponsor – Sterlite......

The State government will soon have Cloud Economic Zones (CEZs) to give major push to the fast-growing Information Technology sector on the lines of the Special Economic Zones (SEZs). January 19, 2018 The CEZs will make the Indian IT firms, especially those in the data management and the Internet of......

In a recent move, a string of incentives were announced to make Angul-based Aluminum Park globally competitive. January 13, 2018 The aluminium park is being developed jointly by Nalco and state owned Odisha Industrial infrastructure Development Corporation (Idco). The park, spread over 240 acres is located close to Nalco’s aluminium......

The exhibition witnessed 400 leading exhibitors from 30 countries, who presented their latest in-demand products and in-trend technologies and innovations. There were about 8,458 international visitors from 50 countries visited the 3-day exhibition. October 2, 2017 Wire and Tube Southeast Asia 2017 – the 12th International Wire and Cable Trade......

The award to the founder of the Lapp Group is a tremendous honour for an outstanding businesswoman November 28, 2017 During a ceremony at the former royal palace in Stuttgart, Baden-Württemberg economic minister Dr. Nicole Hoffmeister-Kraut awarded the state’s business medal to Ursula Ida Lapp, founder of Lapp Group. The......

The company’s best-selling manual M101 cold welder for wire, strip, and profile generated a lot of interest of the visitors, who were impressed by the versatility of the machines. November 9, 2017 Wire and Tube Southeast Asia 2017 – the 12th International Wire and Cable Trade Fair for Southeast Asia......

The transaction, which has been unanimously approved by each company’s Board of Directors and recommended to its shareholders by General Cable’s Board of Directors, is expected to close by the third quarter of 2018. December 4, 2017 Prysmian Group and General Cable Corporation announced that they have entered into a......