Thyssenkrupp and Tata Steel run out of room for more JV concessions
Apr 4, 2019
Thyssenkrupp and Tata Steel have expressed that there is little scope for making more concessions to try to win regulatory approval for a planned joint venture. The firms, which have … read more »
Apr 4, 2019
South African power sector to receive almost $1 billion in loans from New Development Bank
Apr 3, 2019
South African power utility Eskom is set to receive over half of the $790 million in loans granted from the New Development Bank (NDB). Eskom is battling for its survival … read more »
Apr 3, 2019
SensgearTM & Sensformer® advanced: Born connected 2.0
Apr 2, 2019
After the introduction of Sensformer®, the digital transformer portfolio, Siemens now also goes digital with their switchgear portfolio. By launching SensgearTM, substation operators benefit from an optimized grid management, more … read more »
Apr 2, 2019
Enmax to buy Emera Maine for $959 million
Mar 29, 2019
Canadian utility Enmax Corp has agreed to buy Emera Inc’s electric transmission and distribution unit in Maine for nearly $959 million. According to sources, the deal will include the acquisition … read more »
Mar 29, 2019
Powerstar forms transformer partnership with Thorne & Derrick
Mar 22, 2019
Powerstar, a UK manufacturer of smart energy solutions, has announced a new partnership with Thorne & Derrick International to help bolster its smart transformers offering for energy-conscious businesses. The partnership … read more »
Mar 22, 2019
NTPC and Power Grid Corp to form pan-Indian distribution joint venture
Mar 18, 2019
NTPC Ltd and Power Grid Corp. of India Ltd have agreed to set up the National Electricity Distribution Company, a pan-Indian power distribution firm in an equal joint venture. The … read more »
Mar 18, 2019
GE T&D to Set Up High-Voltage Substation in Gujarat’s Bhuj to Evacuate 2.5 GW of Wind Power
Mar 11, 2019
The Power Grid Corporation of India Limited (PGCIL) has awarded a contract worth around $22.87 million to GE T&D India Ltd. to extend a 765 kV air-insulated substation (AIS) and … read more »
Mar 11, 2019
M&I Materials opens ester transformer fluid manufacturing plant in India
Mar 8, 2019
M&I Materials has opened its ester transformer fluid manufacturing plant and state-of-the-art laboratory near Mumbai, India. The move creates a high quality, local supply chain of the company’s MIDEL ester … read more »
Mar 8, 2019
Eaton to make $116 million pension contribution
Mar 7, 2019
Power management company and transformer manufacturer Eaton Corp., has disclosed plans to contribute $116 million to its global defined benefit plans in 2019. The company said a 10-K the filing … read more »
Mar 7, 2019
Tata Steel may have to sell Trostre steel packaging plant
Feb 15, 2019
Tata Steel could have to sell its Trostre steel packaging plant in Llanelli if it mergers with German steel giant ThyssenKrupp. Indian-owned Tata has agreed on a new joint venture … read more »
Feb 15, 2019
Thyssenkrupp, Tata Steel to get EU warning
Feb 14, 2019
Germany’s Thyssenkrupp has said that they expect to receive a warning, alongside with India’s Tata Steel, that EU antitrust regulators could veto their planned European steel joint venture. The European … read more »
Feb 14, 2019
German TSOs to invest €34-36 billion in power grids
Feb 12, 2019
Four German power transmission system operators (TSOs) have published draft development plans estimating total investment costs of around €36 billion. The development plans go through 2030 and 2035 and assume … read more »
Feb 12, 2019
