Latest News

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India Reserve Bank allows foreign investors in on CG investments

Dec 19, 2014

The Reserve Bank of India has announced it will allow foreign investors to invest up to 100 percent of capital in Crompton Greaves. Foreign Institutional Investors (FIIs)and Registered Foreign Portfolio … read more

420kv-transformer

TRI and Fuji Electric enter into transformer licence agreement

Dec 18, 2014

Transformers and Rectifiers India (TRI) and Fuji Electrical, in Japan, have made a technology licence agreement to allow TRI to design, manufacture, assemble and sell transformers. The agreement grants TRI … read more

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Nynas opens new naphthenic oil hub in Singapore

Dec 18, 2014

European refiner Nynas A.B. has opened a new logistics hub in Singapore to speed up deliveries of naphthenic specialty oils in the Asia-Pacific region. That means the company now has … read more

alstomtransformer

Alstom wins German €50m turnkey substation project

Dec 18, 2014

Alstom Grid has been granted eleven turnkey substation projects worth more than €50 million by the German distribution network operator, Netze BW. The project further includes the construction and upgrade … read more

ZTR-transformers

ZTR to supply 26 transformers to Ukrenergo

Dec 17, 2014

Zaporozhtransformator (ZTR), a Ukrainian transformer manufacturer, has signed a contract to supply 26 transformers to Ukrenergo. As part of the 750 kV power lines project, ZTR will construct seven autotransformers of varying … read more

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Kenya Power seeks investors for power distribution system overhaul

Dec 17, 2014

In a bid to improve and expand power distribution throughout the country, Kenya Power plans to construct 36 new substations within its borders, and is looking for investors to back … read more

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Abengoa selected for $27.2M Argentina power transmission project

Dec 17, 2014

Abengoa, a Spanish company that uses innovative technology towards sustainability, has been granted a power transmission project by Gerdau. The $27.2 million project in central Argentina will supply electricity to … read more