INSULOGIX

Siemens announces slump sale of LV motor division

  Siemens Ltd has announced that its board has approved the sale and transfer of the company’s low-voltage motors business. In a release, Siemens said that its board, in a meeting held on May 19, 2023, approved the sale and Read more

ABB

Hindustan Platinum acquires ABB’s Humacao manufacturing plant

Hindustan Platinum, a refiner and manufacturer of precious metal products, has announced the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico, hence strengthening its international footprint. The deal is expected to close in August Read more

RoW constraints impede 765kV Salem-Madhugiri line

Adani completes acquisition of RInfra’s power business

Adani Transmission Ltd, part of the Adani Group, announced that it has acquired Reliance Infrastructure’s integrated business of generation, transmission and retail electricity distribution. The deal is worth Rs.18,800 crore, and was in the making since December 2017. The Read more