Page 58 - Manufacturing Industry

EESL and TERI to work jointly for energy efficiency solutions

While TERI will use its expertise to create energy efficiency projects through audits, etc and Energy Efficiency Services Ltd (EESL) will bring in its business models to implement them

Making buildings smarter with Internet of Things

Real estate and technology firms are actively engaged in exploring ways to improve people's lives while reducing energy use and operating costs, says Manoj Asrani

Kilburn Engineering bags Rs 27 cr orders for process equipment

It has bagged two orders - worth Rs 25 crores - for exports of fluid bed dryer for PVC and annuli riser skids for onshore shale gas exploration

Adani acquires stakes in GMR Energy's two transmission companies

Adani Transmission will acquire 74% and 49% stake in Maru Transmission Service and Aravali Transmission Service, respectively

Coal India and Solar Energy Corp to develop 200 MW solar power project

CIL and SECL will collaborate to set up two 100 MW solar power projects - each costing Rs 650 crores

Supreme Industries plans Rs 250 crore capex for 2016-17

Along with other projects, the company will spend this amount to expand capacity of plastic pipe system, performance packaging film, furniture products, etc

Somani Group eyes to buy stake in German specialty chemicals maker SKW

The group has submitted a non-binding letter-of-intent to become a shareholder in SKW Stahl-Metallurgi, which is presently planning for a financial restructuring

Siemens bags Rs 570 cr order from Power Grid Corporation

As per the contract, Siemens will be responsible for supply and installation of four 400 kV Synchronous Compensator (STATCOM) solutions

L&T Construction bags orders valued Rs 2,416 crores

Orders include project for high-rise residential project in Mumbai, power transmission & distribution projects in Middle-East & Uttar Pradesh, etc

Start-ups betting high with changing entrepreneurial ecosystem in India

With more mature ecosystem and ample opportunities, Indians today are not only launching their own brands but also making their mark globally, says Umang Srivastav

CLP India buys 49% stake in Suzlon's solar project in Telangana

The 100 MW project will be Suzlon's first project in the solar energy sector

Force Motors opens engine & axles production plant at Pune

The new plant, built with an investment of Rs 100 crore, at Chakan will produce engines and axles of all cars and SUVs made by Mercedes Benz India

KEC International bags orders worth Rs 1,036 crore

The company has bagged orders of 582 crore from Abu Dhabi Transmission and Dispatch Company, and Rs 317 crore from Rail Vikas Nigam Limited

DRDO ties up with Jadavpur University for defence technology

The MoU will facilitate Defence Research & Development Organisation (DRDO) and the Jadavpur University to pursue collaborative advanced research

Rising tomato price raises demand for tomato puree, ketchup: Survey

According to the Assocham survey, the local grocers have also increased stock of tomato puree/ketchup as people have curtailed the use of tomato

Henkel acquires Sun Products for $ 3.6 bn from Vestar Capital Partners

With the acquisition, Henkel will advance to second position in the laundry care market in North America

Hindusthan National Glass sells German subsidiary for Rs 171 cr

The subsidiary, HNG Global GmbH, posted a turnover of Rs 276 crore during FY 2015-16 and contributed 12 percent of the total consolidated revenue of HNGIL

Gail places Rs 500 cr orders for line pipes with four companies

Jindal Saw, Man Industries, Essar Steel and Zhongyou BSS will supply line pipes for Gail's Phulpur (UP) - Dobhi (Bihar) section of the Phulpur-Haldia pipeline

Snowman Logistics to set up warehouse in Andhra Pradesh

The Krishnapatnam (AP) facility, to be operational by March 2017, will cater to the Exim trade of seafood, meat, dairy products, pharmaceutical products, fruits and fruit pulp

Sanmar selects Jacobs to build PVC plant in Egypt

Jacobs to provide detailed engineering and procurement assistance services to TCI Sanmar Chemical for expanding the PVC capacity from 200,000 TPA to 400,000 TPA in Egypt