Power Equipment
KEI plans Rs.900-crore capex on greenfield Sanand plant in FY25
KEI Industries has outlined capital expenditure of Rs.900 crore in the current fiscal year FY25 on its greenfield cable manufacturing plant at Sanand in Gujarat.
Siemens plans Rs.519-crore capex in Goa, Aurangabad facilities
- May 15, 2024
Siemens Ltd has announced a capital expenditure plan worth Rs.333 crore towards expanding its manufacturing facility in Goa. In addition, Siemens will also invest Rs.186 crore to build a metro train manufacturing facility at Aurangabad in Maharashtra.
ABB reaches 100-year anniversary of miniature circuit breakers
- May 7, 2024
ABB’s first-of-its-kind miniature circuit breaker (MCB) has reached its 100-year anniversary of protecting electrical circuits and while evolving to meet the sustainability needs of the future, an official release said.
TRIL’s order inflow in FY24 surpasses Rs.2,000 crore
- Apr 11, 2024
Transformers & Rectifiers (India) Ltd [TRIL] witnessed an order inflow of over Rs.2,000 crore during the financial year ending March 31, 2024 (FY24).
Panasonic Energy in discussion with IndianOil for Li-ion batteries joint venture
- Apr 1, 2024
Panasonic Energy Co Ltd has signed a binding term sheet and initiated discussions with Indian Oil Corporation Ltd to draw a framework for the formation of a joint venture to manufacture cylindrical lithium-ion batteries.
JSW formalizes JV with JFE for grain-oriented electrical steel
- Feb 14, 2024
JSW Steel has formed an equal joint venture with JFE of Japan for manufacturing electrical steel in India.
Prime Minister dedicates NTPC power projects to the nation
- Feb 3, 2024
Prime Minister Narendra Modi, on February 3, 2024, dedicated two power projects in Odisha to the nation, while also laying the foundation stone of the third.
Exide progresses with lithium ion cell manufacturing plant
- Jan 25, 2024
The greenfield lithium-ion cell manufacturing plant of Exide Industries Ltd is progressing as per schedule.
Kakrapar Atomic Power Plant: Unit-4 achieves criticality
- Dec 18, 2023
The upcoming Unit-4 of the Kakrapar Atomic Power Project (KAPP-4) of Nuclear Power Corporation of India Ltd (NPCIL) achieved criticality, for the first time, on December 17, 2023.
Jakson Group inaugurates genset plant in Maharashtra
- Dec 11, 2023
Jakson Group has announced the inauguration of its state-of-the-art genset manufacturing plant at Phaltan in Maharashtra.