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Heavy Electrical Equipment

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Shanghai Step Electric and unit to buy intelligent control tech firm for 405 mln yuan

Wednesday, 14 Jun 2017 02:20am EDT

June 14 (Reuters) - Shanghai Step Electric Corp <002527.SZ> ::* Says co and unit plan to buy a 100 percent stake of shares in a Hangzhou-based intelligent control tech firm for totaling 405 million yuan .

Valiant Communications secures L1 status in auction by Power Grid Corp for 2 contracts

Tuesday, 30 May 2017 04:08am EDT

May 30 (Reuters) - Valiant Communications Ltd :Says co secured l1 status in e-reverse auction by power grid corp of india for two contracts.

Nordex CEO says plants in Spain are "fully loaded" until end-2017

Thursday, 11 May 2017 12:21am EDT

May 11 (Reuters) - Nordex :Ceo says order backlog makes us confident for the remainder of the year.Ceo, when asked whether company could be subject to consolidation, says clients now consider us to be a sustainable player in the industry.Ceo says plants in spain are "fully loaded" until end-2017, slight production decrease in germany.

ABB CEO says has active, constructive dialogue with investor Cevian

Thursday, 20 Apr 2017 01:57am EDT

April 20 (Reuters) - Abb Ltd :CEO Ulrich Spiesshofer says looking at m&a opportunities in electrification products, bolt ons in robotics and motion.Ceo says one-off gains amount to net of around $200 million in first quarter.Ceo says base order growth shows company heading in right direction.Ceo says korea theft is contained to only that country, have taken measures to prevent another case including replacing employees.Ceo says has active and constructive dialogue with cevian.

BHEL and Indian Railways tie-up for rooftop SPV systems

Tuesday, 11 Apr 2017 02:00am EDT

Bharat Heavy Electricals Ltd : BHEL and Indian Railways tie-up for rooftop SPV systems .Says 2 MW SPV RTS to be installed with in 9 months.

Regulator rejects Harbin Jiuzhou Electrical's plan to acquire assets via share issue

Friday, 7 Apr 2017 04:14am EDT

Harbin Jiuzhou Electrical Co Ltd <300040.SZ> :Says securities regulator has rejected its plan to acquire assets via share issue.

Power Grid Corp enters into loan agreement with Asian Development Bank

Wednesday, 5 Apr 2017 08:40am EDT

Power Grid Corporation of India Ltd : Says powergrid entered into loan agreement(s) with ADB . Says entered into loan agreement(s) with ADB for $225 million .Says loan agreement for part funding of transmission projects associated with solar power parks.

ABB India partners with IL&FS Transportation,Sterling & Wilson to develop infrastructure project

Friday, 31 Mar 2017 04:11am EDT

Abb India Ltd : Says partnered with Il&FS Transportation Networks Ltd,Sterling & Wilson, in development of major Indian Infrastructure project .Says project is 10.8 kilometre Chenani-Nashri tunnel in Jammu & Kashmir, and will feature ABB's ventilation system.

Alstom to supply 53 Coradia trains to Deutsche Bahn

Friday, 31 Mar 2017 02:59am EDT

Alstom says in a statement: Alstom to supply 53 Coradia continental regional trains to Deutsche Bahn . Says amount of contract is over 300 million euros. .Trains are scheduled to enter into service between 2019 and 2020 in the German states of North Rhine-Westphalia, Rhineland-Palatinate, and Bavaria..

Beijing Dinghan Technology's unit to acquire SMA Railway Technology GmbH

Thursday, 30 Mar 2017 08:39am EDT

Beijing Dinghan Technology Co Ltd <300011.SZ> :Says its Hong Kong unit signs agreement to acquire SMA Railway Technology GmbH for up to 200 million yuan ($29.04 million).

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