9 December, 2011 ABB will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation of additional manufacturing lines at the existing plant. The expansion......
1 October, 2011 The Asian Development Bank (ADB) will invest $750 million for power transmission systems that will help India efficiently transfer electricity to regions.The ADB Board of Directors has approved loan financing for the national grid improvement project which will allow the bulk transfer of electricity (3,000 MW) from......