Electrical News

Schneider Electric Begins Innovation Summit World Tour, Unveiling Latest Innovations and Collaborations

Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit World Tour, emphasizing the need for immediate action and ongoing collaboration to accelerate the energy transition and tackle the climate crisis.

“In the wake of record-breaking global warming reported in 2023, we’re calling on the industry and businesses around the world to come together to drive meaningful change against the climate crisis. The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric. “Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification and decarbonization that creates lasting impact. Because together, we can turn ambition into action.”Herweck will address Innovation Summit Paris attendees today, calling on global leaders from across industries to accelerate their digital transformation journeys and embrace technology and partnerships to productivity and sustainability goals.Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization. This year, it gathers customers, partners, and industry leaders in Paris for a two-day program of plenaries, breakout sessions, roundtables, deep dives, networking.

Tata Power recognized as ‘Best Employer 2023’ by Kincentric India for its commitment to Employee Excellence

Tata Power, one of India’s largest integrated power companies, was awarded as the ‘Best Employer 2023’ by Kincentric India. This prestigious award acknowledges Tata Power’s journey of transformation deeply rooted in sustainability, inclusion, innovation, and employee development.

Tata Power underwent a comprehensive assessment based on the principles of ‘Intent-Design-Experience’, across the themes of organizational intent, people-process design, and employee experiences. Post a rigorous evaluation, Tata Power emerged as a leader across these vital dimensions, reflecting its commitment to excellence exemplified through specially curated programs including Daksh, B-Voc, and the Tata Power Skill Development Institute, focused on employee skill enhancement and empowerment of local communities, particularly in the realm of renewable energy technologies; Gyankosh, an internal learning and development program; and Fuller Life, that focuses on providing a holistic employee experience across physical and mental well-being etc. Mr. Himal Tewari, CHRO, Chief – Sustainability & CSR, Tata Power, said, “At Tata Power, our guiding principle is our unwavering commitment to positively impact lives and drive transformative change. This award serves as motivation for Tata Power’s journey of excellence. Our work environment is not just inclusive and dynamic; it’s a platform where individuals discover profound purpose in their contributions. Recognition as a Kincentric Best Employer reflects our dedication to creating an engaging and agile environment built on trust and shared values for our 23000+ employees.”

Tata Power’s EV Charging Stations ensure seamless EV charging experience for IPL Fans

With IPL season kicking off with a bang, Tata Power, a leading provider of EV charging solutions in India, is ensuring a smooth EV experience for cricket fans nationwide as they travel to IPL venues in their electric vehicles.

Strategically positioned EV Charging Stations near stadium venues will ensure seamless charging solutions for match attendees. Recognizing the importance of uninterrupted travel, Tata Power has placed EV Charging Stations near all major IPL venues, ensuring a hassle-free charging experience for EV owners. As IPL 2024 kicks off, cricket enthusiasts from all corners of India are flocking to stadiums. Tata Power is ensuring that the EV owners get a seamless travel experience to their destination allowing them to join in the excitement without worrying about charging their vehicles. Fans can conveniently access the charging stations as Tata Power’s public chargers are strategically located near key stadiums across India’s major cities, including Delhi, Mumbai, Hyderabad, Chennai, Kolkata, Ahmedabad etc. EV users can also utilize the Tata Power EZ Charge app to locate nearby charging points, book slots, and pay with the EZ Charge RFID card, ensuring a hassle-free experience. Tata Power’s commitment to providing convenient charging solutions is evident in its state-of-the-art infrastructure, capable of meeting increased demand during match days. Operating round the clock, these charging stations offer reliable and efficient services, enabling EV owners to enjoy the cricket action without range anxiety. This convenience fosters a sense of comfort among fans, knowing that their EVs will be adequately charged for the journey to the matches. With Tata Power’s extensive network of EV Charging Stations, including those near prominent stadium venues, fans can enjoy a seamless and sustainable travel experience to the match venues.

Luminous Power Technologies takes a giant leap towards building an end-to-end Solar Solutions Ecosystem and inaugurates its State-of-the-art Solar Panel Manufacturing Factory

Taking a big leap towards strengthening its sustainability and solar endeavours, Luminous Power Technologies, India’s leading energy solutions company, inaugurated the Solar Panel Factory in Rudrapur, Uttarakhand. Contributing to becoming a catalyst for positive change, the endeavour is aligned with the solar vision and sustainability objectives of the nation as outlined by the Hon’ble Prime Minister during the landmark launch of ‘PM Suryodaya Yojana’.

Equipped with the latest advancements in solar panel manufacturing, the facility boasts of cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish Pant, Chairman of Luminous Board & Executive VP – International Operations, Schneider Electric The inauguration of the solar plant marks an important milestone for Luminous, with the company undertaking strategic business decisions to evolve from manufacturing a best-in-class product range in the solar, inverter, and battery categories to building an end-to-end solar energy management ecosystem. The Luminous solar solutions ecosystem will also have its flagship Connect X App integrated, offering customers insightful information on real-time energy consumption and monitoring, solar energy generation, and inverter performance.

Siemens Limited provides electrification for Indian Railways’ longest rail tunnel

Siemens Limited is privileged to have provided rail electrification technologies for a 42-kilometer-long stretch, including the longest rail tunnel (12.8-kilometers) at Pir Panjal range, on the Udhampur-Srinagar-Baramulla Rail Link.

The project is part of the Jammu-Udhampur-Katra-Quazigund-Baramulla Railway line of the Indian Railways, the largest construction of mountain railway line since India’s independence, with a length of 345 kilometers and at a height of approximately 1,700 meters above sea level. Siemens Limited’s scope included the design, engineering, supply, installation, testing and commissioning of 25kV overhead equipment and associated works. Gunjan Vakharia, Head of Mobility Business, Siemens Limited, said, “We are extremely proud to be associated with this project, which is of national importance.”

Suzlon Partners With REC Limited For Non-Fund Based Working Capital Lines

Suzlon Group, India’s largest renewable energy solutions provider, today announced the execution of definitive documents for securing working capital facilities with REC Limited. Suzlon will utilise this facility for meeting working capital requirements for the execution of its current order book and future order pipeline.

This will enable the Company to ensure faster ramp-up of its operations and improve the utilisation of its installed capacities. Challenges in securing working capital for the last few years were a major constraint in increasing volumes and orderbook expansion. The current facility sanctioned by REC is a testament of the Company’s improved financial strength.

Himanshu Mody, Chief Financial Officer, Suzlon Group said, “We are delighted to partner again with REC Limited, one of India’s finest financial institutions with a deep understanding of power and renewable energy sectors. REC has a clear vision to support India’s ambitious renewable energy targets and has supported the Company’s initiatives in the past through debt refinancing, helping us become debt free. The current facility is non-fund based, which will primarily be off-balance sheet keeping us debt-free while significantly improving commercial terms with our customer and suppliers. This facility is rolling in nature and will allow the Company to execute current and future orders from its marquee customers.”