Crompton LEDs to Strengthen Power Ministry’s Energy Efficiency Projects
Business Wire India
March 5th, 2015
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Mumbai, Maharashtra, India - Business Wire India  

  • Won all three orders from Energy Efficiency Services Ltd (EESL)
  • Crompton LEDs to provide 50% energy savings

Crompton has won three prestigious orders from Energy Efficiency Services Ltd. (EESL), a joint venture set up by the Power Ministry comprising of four public sector undertakings - NTPC, PFC, REC and Power Grid, for the implementation of energy efficiency projects in the country.  Crompton was the only player in the entire lighting industry to qualify for all three orders for energy efficient LED lamps from EESL, as per their technical and commercial requirements.


Crompton will supply close to 4 million LED lamps to EESL for its different projects, the first of which was launched in Andhra Pradesh to distribute 7W LED lamps to consumers at an affordable

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Investment in Power, Infrastructure and Construction Sectors Fuels Middle East Power Cables Market
Business Wire India
March 5th, 2015
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GCC interconnection power grid project to open up lucrative opportunities for market participants, says Frost & Sullivan Dubai, United Arab Emirates - Business Wire India

The Middle East power cables market has witnessed dramatic growth over the past decade due to large investments in the power, oil and gas, infrastructure and construction sectors. The market will continue its uptrend, as developing countries including the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA) and Iraq plan to spend significantly on the power sector. With the private sector’s contribution to power generation expected to grow from 7.4 per cent to over 17 per cent by 2020, the KSA alone will account for an investment of around USD 100 billion. Thus, significant opportunities are on the horizon for cable manufacturers in the region.

New analysis from Frost & Sullivan, Strategic Analysis of the Middle East Power

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TE Connectivity Launches Helicase Solar Junction Box, Locally Developed and Manufactured in India
Business Wire India
March 5th, 2015
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Bangalore, Karnataka, India - Business Wire India TE Connectivity (TE), a world leader in connectivity, today announced the launch of its Helicase TM solar junction box. The junction box has been tested and certified by TUV Rheinland for the highest degree of safety as per EN 50548:2011+A1 and appropriate IEC Standards. TE’s industrial engineering team in India used significant research and customer feedback to innovate the Helicase, which was specifically developed for India to tap opportunities such as solar rooftop systems, water pumping, street lighting, traffic/railway signaling, etc. The product is efficient, long lasting, compact and safe.

Helicase is a compact miniaturized solution which is attractively priced and addresses a wide variety of customer challenges.  For example, faulty design of solar junction boxes can put solar panels at fire risk, and cheaper and substandard materials could be easily affected by ultraviolet (UV) rays

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GVK MIAL Awarded Five Star Rating For Occupational Health and Safety Audit by BSC
Business Wire India
September 30th, 2014
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Mumbai, Maharashtra, India- Business Wire India
Mumbai International Airport Private Limited (MIAL) has been graded with a Five Star rating by the prestigious British Safety Council (BSC), which is the highest grading awarded by BSC in its Occupational Health & Safety (OH&S) Management System Audits. MIAL is only the second airport in India to receive this Five Star rating and with this win it now qualifies to apply for the prestigious “Sword of Honor Award”. The airport has attained 95.83 %, thereby achieving a 5-star rating (Grading of 92 - 100 per cent) which is a world-class benchmark standard. BSC conducted the audit at MIAL, in the month of July 2014 using the British Safety Council's International Five Star Audit Numerical Safety Grading System.  The audit measured MIAL’s OH&S performance against

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AUTOMATION 2014: The Colossal Exposition Expressing “Evolution of Technology”
Business Wire India
September 24th, 2014
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Mumbai, Maharashtra, India- Business Wire India
AUTOMATION 2014 gets tremendous response from Industries pan India & Globally. Industries from all sectors such as Process, Factory, Building & Electric Automation, Instrumentation & control, robotics, hydraulics, pneumatics, wireless & bus technology will be under one roof in AUTOMATION 2014AUTOMATION 2014 will display solutions and systems for industries Automobile, Oil & Gas, Power & Energy Management, Chemicals, Petrochemicals, Fertilizer , OEMs, Waste and waste water, Metal Industry, Pharmaceuticals, White Goods, Plastics and Food & Beverage. “Evolution of Technology” will be the key focus of AUTOMATION 2014.  AUTOMATION 2014 is organized by IED Communications Ltd. It has received tremendous response from Industries pan India & Globally. Almost over 95% of the area is already occupied and reserved by prominent Industries in AUTOMATION Sector. AUTOMATION 2014 will also organize CEO Summit

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CG Awarded $25 Million Contract by Ministry of Electricity, Iraq
Business Wire India
September 24th, 2014
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Mumbai, Maharashtra, India- Business Wire India
 
  • 16 mobile substations for Iraq, before September 2015
  • For interim grid connections and temporary power supplies
  • Integration and assembly in Belgium
Avantha Group Company CG announced a $25 million new contract win for the design, construction and delivery of 16 mobile substations. The order was placed by the General Directorate for Transmission, Upper Euphrates Region, Ministry of Electricity in Iraq. The key deliverables are engineering and supply of 16 mobile substations containing 31.5 MVA transformers delivered by CG’s Power Transformer factory in Hungary, auxiliary/earthing units manufactured in the Distribution Transformer factory in Belgium and control and protection equipment provided by CG’s Automation arm ZIV. Integration and assembly work for the project will be concluded at the CG factory in Belgium. The suite

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Coal block verdict impact: JSPL hits 5-year low, Coal India up 5%
Amit Antil
September 24th, 2014
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Jindal Steel and Power (JSPL) has dipped 15% to Rs 180, its lowest level since March 2009 on the National Stock Exchange (NSE), after the today cancelled all allocations except for government-run blocks that operate on a non-JV (joint venture) basis. A penalty of Rs 295/tonne will also be imposed on all cancelled block holders, the Supreme Court order says. The stock opened at Rs 207 and touched a high of Rs 218 in early morning deals on NSE. A combined 21.42 million shares changed hands on the counter so far on NSE and BSE.... Source Business

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Coal scam: SC cancels all coal block allocations except four
Amit Antil
September 24th, 2014
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New Delhi: The Supreme Court on Wednesday cancelled 214 coal block allocations between 1993 and 2008 except for four, which are government-run non-joint ventures. The coal blocks exempted include Sasan, UMPP, NTPC and SAIL. The court said that the allocations are arbitrary and that there were no basis for the allocations. The Centre is free to auction all cancelled blocks after March 2015.....source CNN

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Government Delegation from India Visits Infineon’s HQ in Munich – Board Member Mittal Invited to Continue Dialogue in India
Business Wire India
September 23rd, 2014
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Neubiberg, Germany
Led by Mr.Ravi Shankar Prasad, Indian Minister for Communication and Information Technology, a delegation of 15 members comprising of  Indian government and industry representatives met with Arunjai Mittal, Member of the Management Board of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY). The visit emphasized the Indian government's interest in the products and development activities of Infineon. Major infrastructure measures such as the expansion of the power network, construction of high-speed rail connections and the introduction of secure personal documents inevitably results in mutual points of interest. The delegation listened attentively to Mr. Mittal's presentations, which described Infineon's technology leadership in power electronics and security applications.        In response, Minister Mr.Ravi Shankar Prasad described the positive investment conditions to be found in India, emphasized India's constant market

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‘CM’s Push Shrinks Power Supply Deficit to 3% in State’
Business Wire India
September 23rd, 2014
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'CM's Push Shrinks Power Supply Deficit to 3% in State'
Mumbai, Maharashtra, India- Business Wire India
Over the last five years, with the gap between demand and supply having reduced from 18 percent to 3 percent Maharashtra is able to supply power to everyone and is on its way to becoming a zero load-shedding State. 82 percent of Maharashtra is already free of power cuts. Commenting on the efforts taken by the government, Maharashtra Chief Minister Shri Prithviraj Chavan said “I firmly believe that having a strong power sector will ensure all-round and balanced development to the state. Through the efforts of my government, uninterrupted power supply will soon become a reality in Maharashtra”  Major reforms in capacity addition include loss reduction, improvement in demand-side management

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