Power Equipment
 "Indian promoter buys back 100% stake in the Indo-Japanese JV; KYB-Conmat, 3rd largest player in Concrete Equipment Business")
Hind Rectifiers to set up AI, Web3 arm with expansion of Nashik facility
Power and railway equipment producer Hind Rectifiers is expanding its manufacturing facilities in Nashik and has also decided to set up a subsidiary for developing high-tech products and solutions in AI, Web3 and others, according to a top official. Hind Rectifiers MD & CEO Suramya Nevatia said that the company actively progressing with our capacity expansion plans at the Sinnar and Satpur plants in Nashik along with focus on backward integration which will improve cost efficiency. The company board has also approved the incorporation of a wholly owned subsidiary focused on developing cutting-edge products and solutions in Information Technology (IT), Artificial Intelligence (AI), Web3, and various software, he said. Hind Rectifier has reported around six-fold jump in net profit to Rs 10 crore for the October-December quarter of 2024-25 driven by order flows and higher income. Total income jumped by 24 per cent to Rs 169.4 crore in the third quarter of FY25 compared to Rs 136.7 ..
 "Hind Rectifiers to set up AI, Web3 arm with expansion of Nashik facility")
Demand in segments that company caters to has come back: Cummins India
Engines and power equipment maker Cummins India has said the demand in most of the segments that the company caters to has come back strongly
Manufacturing plan for power and renewable energy equipment in works
The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year
 "Manufacturing plan for power and renewable energy equipment in works")
Power ministry to launch manufacturing programme for critical equipment
The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Union Budget would entail setting up three manufacturing zones in a year
 "Power ministry to launch manufacturing programme for critical equipment")
Power equipment companies changing tack in push for green energy
The second of a two-part series talks about how stiff competition in thermal projects is forcing manufacturers to focus on renewable sector
 "Power equipment companies changing tack in push for green energy")
Honda Siel Power Products will now be called Honda India Power Products
Power products manufacturer Honda Siel Power Products announced the change of its name to Honda India Power Products
India will not import power equipment from China: R K Singh amid standoff
He further said state discoms should not give orders for supply of equipment to Chinese firms
 "India will not import power equipment from China: R K Singh amid standoff")
Crompton Greaves wins Rs 720 cr order from Indonesian firm PT PLN
CG will supply critical power equipment for a project to improve the Indonesian transmission grid
 "Crompton Greaves wins Rs 720 cr order from Indonesian firm PT PLN")
GE bags Rs 271 crore contract from BHEL
The company will supply supercritical boiler components for 2 thermal power projects in Tamil Nadu
 "GE bags Rs 271 crore contract from BHEL")
BHEL's secures exports orders from two African countries
The company has received orders to supply industrial motors to Togo and Benin
GE Power bags Rs 270 cr contract from BHEL
The company will supply two units of 800 MW supercritical boilers for the thermal power project in Telangana
 "GE Power bags Rs 270 cr contract from BHEL")
