Articles by: sanjay awad

SKF Q4 PAT up 22%

April 10, 2015 12:26 pm0 comments
SKF Q4 PAT up 22%

SKF India Limited, technology and solutions provider of bearings, seals, lubrication systems, mechatronics and services, presented the audited fi nancial results for the year ended December 31, 2014. Net sales for the year 2014 stood at Rs 23,726 million, an increase of 6 per cent over the previous year, while […]

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Greenlight Planet announces $10 million financing

April 8, 2015 8:47 am0 comments
Greenlight Planet announces $10 million financing

Fidelity Growth Partners India led a $10 million financing in Greenlight Planet, a leading USbased company that distributes solar energy products for off -grid homes in emerging markets. Greenlight Planet has experienced rapid growth in India and Sub-Saharan Africa, selling over 3 million rooftop solar lighting and phone charging devices […]

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“Govt should provide more incentives to solar panel manufacturers”

7:37 am0 comments
“Govt should provide more incentives to solar panel manufacturers”

Say Chandan Mishra, Associate Director, and Sandeep Mohanty, Manager, Energy and Utilities, PwC India, in conversation with Monica Chaturvedi Charna. What are your expectations from Budget 2015? Improvement in power distribution and cutting down distribution losses has always been the lowest hanging fruit for better fi nancial viability of distribution […]

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Oil and gas E&P, strong markets key to EU success

April 7, 2015 9:17 am0 comments
Oil and gas E&P, strong markets key to EU success

Europe should back exploration and production (E&P) of oil and gas both domestically and across neighbouring regions, if it wants a successful Energy Union, the International Association of Oil and Gas Producers (IOGP) said. In a new position paper on the Energy Union, IOGP underlines how exploration and production of […]

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February power market summary

8:54 am0 comments
February power market summary

A huge fall in average daily short term procurement in NR was witnessed in February 2015. As against an average of 92-96 MUs of short term procurement on a daily basis including both the bilateral and Power Exchange market, the average daily short term procurement for February has been just […]

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January power market summary

8:53 am0 comments
January power market summary

January 2015 has been quite different for the short term power market than is expected generally. While NR continued to dominate the short term power demand, its share went up signifi cantly to almost half the power procured in the short term market across the country (49.1% of PX procurements […]

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Statoil, Aker Solutions choose Holmatro cylinders

8:51 am0 comments
Statoil, Aker Solutions choose Holmatro cylinders

At the start of this year, Holmatro and its Norwegian dealer EIVA-SAFEX AS jointly supplied 64 cylinders, each with a capacity of 536 tons, to the tension-leg platform (TLP) Snorre A. Besides cylinders, the corresponding control and storage for the hydraulic system was also delivered. The Snorre oil fi eld […]

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“We will have to keep pushing the boundaries of technology”

April 1, 2015 9:26 am0 comments
“We will have to keep pushing the boundaries of technology”

States Mariasundaram Antony, General Manager – India Engineering Operations, GE Power and Water, in conversation with Monica Chaturvedi Charna… Elucidate on GE’s portolio of solutions in the power and energy domain. GE has one of the most diverse portfolio, ranging from solutions around heavy duty gas turbines, renewable energy, water […]

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“Moving to a low carbon economy by RE is only feasible if we have an energy storage solution”

9:02 am0 comments
“Moving to a low carbon economy by RE is only feasible if we have an energy storage solution”

Says Manoj Kumar Upadhyay, Founder & Chairman, ACME Group, in conversation with R Srinivasan. Keeping in mind the disruptive attempt to create CSP towers perhaps for the first time in Asia by investing $30 mm in e-solar along with Google and Idea lab, what was the learning from this journey […]

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