ERDF Selects CG to Supply Linky Meters
Business Wire India
September 22nd, 2014
0

Paris, France
 
  • ZIV Smart Grid solutions developed by CG with 100% owned technology
  • The initial order is the first phase of a 35 million unit rollout by 2021
  • A major industrial program in France that will benefit consumers and the environment
? Avantha Group Company CG was selected by ERDF -Electricité Réseau Distribution France,  the public electricity distribution company managing  95% of the electricity distribution network in continental France, as one of the six suppliers to manufacture the first three million of its new generation Linky smart meters. This contract is a very significant achievement for CG, a company that has built its competitive strategy in the development of smart grid solutions, under ZIV brand, based on its own technology and a unique mix of knowledge in

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Saudi Electricity Company Awards Contract to Wipro Arabia Ltd. to Expand Existing Footprint of SAP® Solution
Business Wire India
September 15th, 2014
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Bangalore, Karnataka, India- Business Wire India
Wipro Arabia Ltd., a subsidiary of Wipro Ltd., (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced that it has entered into a strategic partnership with Saudi-based Saudi Electricity Company (SEC), the largest power utility company in the Middle East serving approximately 5 million customers in the Kingdom of Saudi Arabia (KSA). As part of this engagement, Wipro will implement and rollout the plant maintenance and project system functionality of the SAP® ERP application for SEC’s distribution business line across KSA. Once implemented, it is expected to enable the power utility company to have an integrated system that offers centralized and standardized processes across its plants. This will help ensure uptime of distribution networks, expense controls and effective utilization

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Delta’s Revolutionary Industry Intelligent Monitoring Management System, iPEMS™ to Shine at InfoComm India 2014
Business Wire India
September 15th, 2014
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Mumbai, Maharashtra, India- Business Wire India
Delta, a global leader in thermal and power management and pioneer in display and monitoring solutions, announced today it will showcase its revolutionary Industry Intelligent Monitoring Management System, iPEMS™ at InfoComm India 2014. iPEMS™ is a living proof of Delta’s profile as a total solutions provider as it integrates IoT (Internet of Things) technology with Delta’s DVCS® advanced vision control system. iPEMS™ enables monitoring of more than 10 million supervision points in real-time, ultra high-resolution visualization with intuitive SCADA graphics and with big data mining and analysis capabilities. These functions are pillars for improved productivity and energy efficiency in industrial platforms and green buildings. The highly adaptable and customizable iPEMS™, which is featured through a live demonstration for the first time in India, support effective decision-making processes in a broad spectrum of industries such as power generation, smart manufacturing facilities, data centers, 3G/4G wireless base stations, oil & gas installations and

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Delta Chrome DIN Rail Power Supply Series is Now Available in 10W with 12V Output Voltage
Business Wire India
September 12th, 2014
0

New Delhi, Delhi, India- Business Wire India
Delta Electronics, Inc., a global leader in thermal and power management solutions extended its Chrome DIN rail power supply series of 10W product with 12V output voltage. The DRC-12V10W1AZ provides Class II Double Isolation and is widely adopted in home automation and Food & Beverages industries. The double isolated input eliminates the need for Earth connection, thus, resulting in very low leakage current. The Chrome series is suitable for use in compact cabinets and the DRC-12V10W1AZ measures only 55.6 mm thick and 91 mm tall. Features include overvoltage, over temperature and overload protections. The product operates in universal AC input range and is certified according to IEC/EN/UL 60950-1 Information Technology Equipment (ITE) and UL 508 Industrial Control Equipment (ICE) safety standards. It is fully

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Delta Unveils the World’s First Ultra-bright Laser-based Video Wall at InfoComm India 2014
Business Wire India
September 10th, 2014
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Mumbai, Maharashtra, India- Business Wire India
Delta, a global leader in thermal and power management and pioneer in display solutions, announced today it will unveil the world’s first ultra-bright Laser-based Digital Light Processing (DLP®) video wall at InfoComm India 2014. Delta’s laser-based DLP® video walls feature industry-leading performance with brightness of up to 1,800 lumens and significantly improved energy savings of up to 10%. Through the integration of Delta’s advanced control systems, –DVCS and MiNiCON– our video walls become total solutions for applications demanding 24/7 operations. A platinum sponsor for the event, Delta offers visitors live demonstrations of its innovative display and monitoring solutions, all of which are designed to maximize reliability and productivity for control room, public display and visualization applications. Compared to similar LED-based DLP® video walls, Delta’s laser version boasts an

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Infineon Consolidates Leading Position in Power Semiconductors; Growth Despite Weak Market; Number One for the First Time in MOSFET Segment
Business Wire India
September 8th, 2014
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Neubiberg, Germany- Business Wire India
Infineon Technologies AG consolidated its position as global market leader in power semiconductors last year. With a market share of 12.3 per cent, the company came in first for the eleventh time in a row, according to a study carried out by IHS Inc (NYSE: IHS), a business information provider. Infineon also took the lead for the first time in the market for MOSFET power transistors. These are very compact switches that are required, for example, in energy-efficient power supply units. The global market for power semiconductors dropped by 0.3 per cent to around 15.4 billion US dollars in 2013. Despite this weaker environment, Infineon increased its turnover, thereby boosting its market share by 0.9 percentage points compared to the

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Rays Experts Showcase Solar Rooftop Potential at 8th Edition of Renewable Energy India Expo 2014
Business Wire India
September 5th, 2014
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New Delhi, Delhi, India- Business Wire India
Rays Experts, one of India’s leading innovative solar solutions and the biggest emerging solar power EPC and development company participated and showcased the potential of Solar Rooftop PV Systems at the 8th edition of the Renewable Energy India Exhibition and Conference (REI), held at the Indian Expo Centre, Greater Noida from 3rd - 5th September 2014. Commenting on the occasion, Rahul Gupta, Director, Rays Experts stated, “We are happy to be at the Renewable Energy India Expo for the 2nd year as it is an apt stage for us to exhibit our achievements in the solar industry, explore sustainable development opportunities and strengthen ties with our stakeholders. REI is regarded as Asia’s most influential event in the renewable energy sector and it’s focus this year has

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Infineon Ready to Appeal European Commission Decision in Antitrust Inves-tigations against Smart Card Chip Producers; Among Other Companies EC Fined Infineon Euro 82.8 Million
Business Wire India
September 3rd, 2014
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Neubiberg, Germany- Business Wire India
Today, the European Commission adopted a decision in its antitrust investigation against four semiconductor companies active in the smart card industry including Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY). The European Commission believes that the companies involved infringed European antitrust rules through the alleged sporadic exchange of competitively sensitive information. The fine for Infineon is Euro 82.8 million, while the total fine was set at Euro 138 million. Infineon rejects the allegations as unfounded. Further, Infineon believes that its procedural rights were violated by the European Commission. Therefore, Infineon will review the decision very closely and is ready to appeal at the General Court of the European Union in Luxembourg. As is typical in such antitrust proceedings, the fine is apportioned according to the

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Enrich Energy to Set up 60MW Solar Power Project in Telangana
Business Wire India
August 28th, 2014
0

Pune, Maharashtra, India
Enrich Energy Private Limited, Pune based Renewable Energy Company, has got the approval for setting up 60 MW Solar Power Project under ‘Solar Park Concept’ in the newly formed state of Telangana. This would be the first renewable energy initiative by the newly formed state. The ‘Solar Park’ will be set up under Open Offer to supply power to meet the states renewable power obligations. TSTRANSCO (erstwhile APTRANSCO) has issued a `Letter of Intent’ for setting up a 60 MW capacity Solar Park to Enrich Energy under the power purchase agreement at preferential tariff of Rs 6.49 per kWh as per the Open Offer. Mr. Kanchal, Director, Enrich Energy Said, “With growing urbanization there is an ever increasing need for energy, India can meet her energy requirements

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Infineon Technologies AG to Acquire International Rectifier Corporation for US-Dollar 40 per Share, Approximately US-Dollar 3 Billion in Cash
Business Wire India
August 21st, 2014
0

Munich, Germany and California, El Segundo, United States- Business Wire India
 
  • Acquisition creates a highly complementary and innovative semiconductor product portfolio, distribution strength and a stronger regional presence.
  • Integration complements Infineon’s expertise in power semiconductors and adds system know-how in power conversion, while expanding its expertise in compound semiconductors (Gallium Nitride on Silicon) and driving greater economies of scale in production.
  • US-Dollar 40 per share in cash to be paid for all International Rectifier outstanding shares, representing a premium of approximately 47,7 percent over the average share price of International Rectifier during the last three months and a premium of approximately 50,6 percent over the closing share price of International Rectifier on August 19, 2014.
  • Transaction expected to be accretive to pro-forma EPS within the first fiscal year of closing and

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