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Electrical & Power

CECIMO’s Global Machine Tool Insights

CECIMO's Global Machine Tool Insights Officials from machine tool associations, representing over 80% of global machine tool production, convened at the premier production technology trade fair to showcase their resilience and robustness in the midst of numerous global challenges. Despite a stable outlook for 2023, predictions for the worldwide machine tool industry are moderated by a multitude of international and economic obstacles. Leveraging the industry's combined capabilities, cooperation, inventive thinking,...

igus presents cutting-edge technology at EMO 2023

igus presents cutting-edge technology at EMO 2023 In addition to the shortage of skilled workers, the machine tool industry faces significant challenges, including high energy costs, mounting cost pressures, and declining incoming orders. To thrive in this demanding environment, companies must enhance their production capabilities while maintaining cost-efficiency. Consequently, igus will showcase cutting-edge technologies at EMO 2023, designed to alleviate these challenges. These technologies include user-friendly, cost-effective robots, an online...

EMO Hannover opens; 1,850 exhibitors from 42 countries participating

EMO Hannover opens; 1,850 exhibitors from 42 countries participating EMO Hannover officially opens its doors today after a four-year break. "Some 1,850 exhibitors from 42 countries will be showcasing their latest machines, solutions and services for industrial production at the world's leading trade fair for production technology," says Carl Martin Welcker, General Commissioner of EMO Hannover at the opening press conference. "EMO is the hub of the international industry for...

OMRON Device & Module Solutions business charts out strategy for growth in India

OMRON Device & Module Solutions Business Charts Out Strategy for Growth in India OMRON Device & Module Solutions business, a leading provider of electronic components, has announced its strategic growth plan for India. Focused on four key growth domains, the company aims to strengthen its presence via working together with market & technology leaders to create advanced solutions catering to varied industry needs in these domains.The growth domains charted out...

Tisva launches its first store in Kolkata

Tisva launches its first store in Kolkata Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata. Inaugurated by movie star Rituparna Sengupta, this lighting studio is a one-stop shop for all things lighting – from basic to high-end, from minimalistic to opulent, as well as luxury and architectural lighting solutions, and...

Serentica bags Rs. 2,600 Cr funding from PFC for its RE projects in Karnataka

Serentica bags Rs. 2,600 Cr funding from PFC for its RE projects in Karnataka Serentica Renewables, a leading C&I focused renewable energy developer in India, announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The company has secured the entire debt funding of Rs. 2,600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.).Commenting on the financial...

Cummins, Sudhir Power launches CPCBIV+ compliant gensets

Cummins, Sudhir Power launches CPCBIV+ compliant gensets Cummins India, one of the leading technology providers of power solutions in the country, and its authorized Genset Original Equipment Manufacturer (GOEM) Sudhir Power unveiled the CPCBIV+ compliant genset range for the Delhi NCR markets.Manoj Nair, Power Generation Business Leader, Cummins, and Rahul Seth, Managing Director, Sudhir Power unveiled the genset range during an event attended by over 100 customers and company officials...

ABB’s Nashik manufacturing site reduces water consumption by 30% since 2020

ABB’s Nashik manufacturing site reduces water consumption by 30% since 2020 ABB India’s manufacturing site in Nashik achieves water positivity ratings and Mission to Zero status.Water positivity is the concept of returning more water to freshwater sources than is withdrawn and maintaining sustainable water stewardship by establishing a framework for water management. The Nashik site, which covers 49,000 sq.m., has been certified as water positive with a water positivity index...

Fyn to procure 2,000 fast charging 3-wheeler EVs from Euler Motors

Fyn to procure 2,000 fast charging 3-wheeler EVs from Euler Motors Fyn, a vertically integrated electric vehicle ecosystem platform for EV logistics, has announced a strategic partnership with Euler Motors to procure 2,000 fast charging 3 wheeler EVs.Through this alliance, Euler Motors will enable Fyn to establish the country's largest 3-wheeler fast charging EV fleet, to serve the B2B sector with its flagship product - the Euler HiLoad EV. Fyn...

Sterlite Power records 30% increase in PAT at Rs. 322 Cr

Sterlite Power records 30% increase in PAT at Rs. 322 Cr Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced its results for the year ending 31st March 2023. The company witnessed strong growth in profitability in India operations. The snapshot of its standalone financials pertaining to India business for the year ending 31 March 2023 include: Revenue up by 3.3% y-o-y at Rs...

Sterling Generators and PI Green: Revolutionizing Emissions

Sterling Generators and PI Green: Revolutionizing Emissions Sterling Generators, a prominent member of the Sterling and Wilson Group and a key player in India's genset industry, has officially unveiled an innovative environmental solution known as the Retrofit Emission Control Device (RECD). This groundbreaking initiative is the result of a collaborative effort with Pi Green Innovations and leverages cutting-edge filter-less technology based on Electrostatic Precipitation principles. Its primary function is to...

Govt approves Rs 3,760 cr viability gap funding for creating battery energy storage system

Govt approves Rs 3,760 cr viability gap funding for creating battery energy storage system The Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS).Addressing the media at a press conference, Union Minister Anurag Thakur informed that the scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up...

Saatvik Solar ropes in Ravindra Jadeja as Brand Ambassador

Saatvik Solar ropes in Ravindra Jadeja as Brand Ambassador Saatvik Solar has recently announced the onboarding of Ravindra Jadeja, the Indian international cricketer, as the company's brand ambassador. With this endorsement, Saatvik Solar aims to capture significant market share across regions, leveraging Jadeja's widespread appeal in the market with his direct involvement in the National Indian Cricket Team and IPL's Chennai Super Kings.Prashant Mathur, CEO of Saatvik Solar said, "We...

Schneider Electric hosts thought leadership summit on climate action

Schneider Electric hosts thought leadership summit on climate action Schneider Electric, a leader in the digital transformation of energy management and automation, recently organized a CXO connect aimed at attracting prominent industry leaders for a dialogue on accelerating actions towards sustainability. The company advocated for industries and corporations to adopt a more electric and digital strategy, accelerating the nation's journey towards a more sustainable future.While India has emerged as a...

Gulf Oil Lubricants buys 51% in Tirex Transmission for Rs 103 Cr

Gulf Oil Lubricants buys 51% in Tirex Transmission for Rs 103 CrIn a strategic move to strengthen its presence in the electric vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Ltd for Rs. 103 crores. “This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market which is...
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Products of the Month

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Normet launches Variomec XS for underground logistics

Normet launches Variomec XS for underground logistics Normet is a Finnish company operating globally with over 50 locations in 33...
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