After over a decade of having taken over by Panasonic of Japan, Anchor Electricals Pvt Ltd announced that it would now be known as “Panasonic Life Solutions India Pvt Ltd.” The 50-year old “Anchor” brand, a traditional leader in the wiring devices space, will however continue. The change in corporate identity is effective April 1, 2019.
Sterlite Power, in a statement, said that it has successfully completed India’s first live-line project in Bengaluru. The company successfully undertook the reconductoring of a 66kV transmission line connecting to Bengaluru’s Electronic City under live-line conditions.
Polycab India sees good business potential in extra high voltage (EHV) cables, according to R. Ramakrishnan, the company’s CEO. Ramakrishnan was addressing a press conference in Mumbai, ahead of the company’s initial public offering (IPO) of equity shares that is scheduled to open on April 5, 2019.
Tata Power, on March 3, 2019, crossed the 7-lakh consumer base mark in Mumbai. On this occasion, Tata Power invited Sumit Acharya – consumer number 7 lakh at a celebratory event held at its Dharavi Receiving Station where he planted a sapling to commemorate this achievement.
The acquisition of Rural Electrification Corporation (REC) by Power Finance Corporation (PFC) will boost the latter’s power T&D portfolio, according to Rajeev Sharma, CMD, Power Finance Corporation Ltd. Sharma was addressing a media conference in Mumbai on the company’s Q3FY19 results and the impact of the PFC-REC deal.
With the grand launch on February 4, 2019 in Mumbai, IEEMA kicked off its preparation for the upcoming 14th edition of ELECRAMA scheduled from January 18-22, 2020 at the India Expo Mart, Greater Noida.