Power
ABB inks deal to sell Power Grids division to Hitachi
ABB has reached a deal with Japan’s Hitachi to sell its Power Grids division, with the Swiss engineering group adding it plans to return...
Power
ZOLA Electric gets $32.5 mn financing for expansion in Tanzania
ZOLA Electric, formerly Off Grid Electric; FMO, the Dutch development bank; and Symbiotics, an investment firm, announced a $32.5 million facility to finance the...
Power
Hartek Power wins order from Power Grid
Hartek Power has won an order from the Power Grid Corporation of India for enhancing a 400-KV substation project spread in Uttar Pradesh, Haryana...
Power
Siemens opens Pittsburgh Service Center facility
Siemens has opened the company’s new 300,000-square-foot Pittsburgh Service Center (PSC), located in Mount Pleasant, to consolidate its Power Generation Services work.
The $32 million...
Power
ABB opens its largest innovation and manufacturing site in Xiamen
ABB today inaugurated its new ABB Xiamen Hub in the city’s Torch Hi-Tech Industrial Park.
Spreading at 425,000 sq m, Xiamen Hub is ABB’s largest...
Power
GE Power lands new deal in Brazil
GE Power today announced its deal with EPC Construtora Quebec, an engineering company in Brazil, to provide its 4.4 MW and 2.2 MW LV5...
Power
NTPC revenue up 11% to Rs 22,840 crore in Q1
NTPC reported 11.19 increase in revenue to Rs 22,839.98 crore, profit before tax of Rs 3,011.13 crore and profit after tax of Rs 2,588.14...
Power
Hartek Power signs new contract in Haryana
Hartek Power has bagged an order from the Haryana State Industrial and Infrastructure Development (HSIIDC) for executing a 132-KV substation project at Kundli and...
Power
GE Power bags hydroelectric plant deal in China
ANDRITZ and Dongfang Electric Machinery has selected GE Power for its electrical solutions for the Fengning pumped-storage hydroelectric plant in the Hebei province in China.
The...
Power
General Electric to cut 1,200 jobs in Switzerland
General Electric will cut 1,200 jobs in Switzerland at its troubled power generation business, Reuters reported.
GE had announced plans in December to cut as...