HAIMER Group has officially completed a generational transition in its ownership structure, with siblings Andreas Haimer and Kathrin Haimer assuming the roles of Managing Directors and Shareholders from 01st August, 2026. The move marks the transfer of ownership to the second generation and reinforces the company’s long-term commitment to remaining an independent, family-owned business. The leadership transition is the result of a succession plan developed over several years. Andreas and Kathrin Haimer, the children of founders Claudia and Franz Haimer, have already held key management positions within the company and will now take on full ownership responsibilities. HAIMER, known globally…
Author: Ranganathan
NLC India Renewables Limited (NIRL) has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 900 MW solar power project in Gujarat, marking another significant milestone in the company’s renewable energy expansion journey. According to the company’s announcement, the project was awarded through a tariff-based competitive bidding process. Once commissioned, the electricity generated from the solar power project will be procured by GUVNL, Gujarat’s state-owned power utility, under the terms of the award. The latest development reinforces NIRL’s commitment to expanding its renewable energy portfolio while supporting India’s transition towards cleaner…
Intelligent power management company Eaton has announced a collaboration with Kose Engineering, appointing the Okayama-based company as an authorized xEnergy panel builder in Japan under Eaton’s licensed panel builder program. According to the company’s announcement, Kose Engineering will assemble Eaton’s xEnergy low-voltage switchgear systems locally, supporting the growing demand for IEC-compliant power distribution infrastructure across commercial and industrial sectors. Eaton’s xEnergy platform is a modular low-voltage switchgear solution designed to meet International Electrotechnical Commission (IEC) standards. The system is intended to provide flexible, scalable and reliable power distribution for applications including data centres, manufacturing facilities and other mission-critical environments. Also…
“If airports are earning from hotels, shopping malls, restaurants and advertisements, why am I still paying airport charges?” It is a question that almost every frequent flyer has asked at some point. Walk through Delhi’s Indira Gandhi International Airport today and you will notice that it is much more than a place where aircraft take off and land. It is an entire commercial ecosystem. There are luxury hotels, premium lounges, international retail brands, food courts, cafes, office spaces, parking facilities, duty-free outlets and advertising displays that generate significant revenue every single day. To an ordinary passenger, the obvious question is:…
Tata Motors reported a strong start to the second half of 2026, posting 39,641 commercial vehicle sales across domestic and international markets in July. The company registered a 37% year-on-year (YoY) growth, compared with 28,956 units sold in July 2025, reflecting healthy demand across its commercial vehicle portfolio and a sharp rise in overseas business. The biggest highlight of the month came from Tata Motors’ international operations. The company’s international business more than doubled, with sales rising 128% YoY to 5,765 units, compared to 2,524 units in the corresponding month last year. The sharp increase underscores the growing contribution of…
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commenced work on an 800 MW renewable energy project in Andhra Pradesh, marking another major step in the company’s expansion of clean-energy capacity. The project includes 400 MW of wind power and 400 MW of solar power. The wind component will be developed at Kanekallu in Ananthapuram, while the solar capacity will come up at Pattikonda in Kurnool district. The groundbreaking ceremony was attended by Shri Lokesh Nara, Minister for HRD, ITE&C and RTG, Government of Andhra Pradesh, who was the chief guest. Dr Praveer Sinha, CEO and…
The Union Cabinet has approved a ₹5,070 crore scheme to accelerate the development of floating solar power projects in India, targeting 5,000 MW of new capacity along with large-scale energy storage. The Pradhan Mantri Surya Sarovar Yojana (PM-SSY) will support the development of Floating Solar Photovoltaic (FSPV) projects with co-located Energy Storage Systems (ESS). The projects will have a minimum storage capacity of two hours, equivalent to 10,000 MWh across the planned capacity. Projects under the scheme will be sanctioned during FY 2026-27 to FY 2030-31, while disbursement of financial support will continue up to FY 2032-33, according to the…
German wind energy major Nordex Group is set to expand its engineering and research capabilities in Chennai with the establishment of a new Engineering and Research & Development (R&D) Centre in the city. Nordex has exchanged a facilitation Memorandum of Understanding (MoU) with Guidance Tamil Nadu, the state government’s nodal agency for investment promotion and single-window facilitation to establish the centre in Chennai. The proposed facility is expected to create approximately 1,000 high-skilled jobs in its initial phase, with opportunities across engineering, research and development, supply chain management and digital transformation. The new centre will build on Nordex’s existing Global…
POM Power India has deployed an integrated clean-energy system for Bharat Electronics Limited’s (BEL) BEL SUSTRAGRID at its Bengaluru Complex, bringing together solar power generation, battery energy storage and electric vehicle charging infrastructure within a single sustainable energy ecosystem. The system inaugurated as BEL SUSTRAGRID by Shri Rajnish Sharma, Director – Bengaluru Complex, BEL in the presence of Shri T.N. Singh, General Manager (HR/BG) and Shri Sanjay Agarwal, General Manager (CS/CO), has transformed BEL’s car parking area into a solar PV-based parking shelter while creating infrastructure for cleaner and more reliable EV charging. BEL’s official announcement highlights the project’s role…
Avore Electric, India’s homegrown, technology-first electric motorcycle manufacturer from the house of Samarth E-Mobility, has announced the launch of the Avore Electric EX (Avore Electric Elevated Experience), marking the company’s debut in the electric motorcycle segment. The EX Series was unveiled by Hon’ble Gujarat Chief Minister Shri Bhupendra Patel, marking an important milestone in the evolution of India’s electric mobility landscape. Offered in three variants, the EX 2S, EX 2 and EX 1—the Avore EX starts at INR 1,24,999/- (ex-showroom) and has been engineered from the ground up to bring together indigenous technology, intelligent engineering and everyday practicality in a…
India is set to take another step towards building a domestic telecom manufacturing ecosystem with the Department of Telecommunications (DoT) and the Government of Madhya Pradesh signing an MoU for the establishment of the country’s first Telecom Manufacturing Zone (TMZ) in Gwalior. The agreement, signed in the presence of Hon’ble Union Minister for Communications Shri Jyotiraditya M. Scindia, Hon’ble Chief Minister of Madhya Pradesh Shri Mohan Yadav and Hon’ble Minister of State for Communications Shri Chandra Sekhar Pemmasani is aimed at creating an integrated manufacturing and technology cluster for telecom and electronics companies. The proposed TMZ will be developed as…
The most important decision in India’s semiconductor journey may not be how small a chip it can make, but which chips it should learn to make first. The global semiconductor race is increasingly measured in nanometres. The conversation around 3nm, 2nm and even smaller process technologies dominates headlines, particularly as Artificial Intelligence and High-Performance Computing push demand for ever more powerful chips. But for India, the immediate challenge is somewhat different. The country is still building the manufacturing capabilities, workforce and supply-chain ecosystem required to operate semiconductor fabrication at commercial scale. That raises a fundamental question: Does India need to…