ABB To Buy GE’s Electrical Gear-Making Business For $2.6 Billion

ABB To Buy GE’s Electrical Gear-Making Business For $2.6 Billion

ABB is buying General Electric’s industrial solutions business for $2.6 billion, with an eye on competing with top player Schneider Electric in the U.S. market share for circuit breakers, switchgear and other low-voltage electrical equipment, as well as specialized lighting control and power supply equipment for data centers, hospitals and other critical facilities.

NGT Annoyed Over Delay In Waste-To-Energy Plant At Srinagar

NGT Annoyed Over Delay In Waste-To-Energy Plant At Srinagar

The delay in commissioning of Jammu and Kashmir’s first waste-to-energy plant in Srinagar has miffed the National Green Tribunal which has warned the state government of slapping an exemplary cost for taking “unjustifiable” adjournments in the matter.

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