Accord Transformer & Switchgear Signs MOU With Moscow

28 Mar 2026 CW Team

Under the agreement both parties intend to promote sustainable energy solutions and facilitate technological exchange across multiple strategic areas. Collaboration is planned in the supply, installation and commissioning of transformers, distribution systems, switchgear and related electrical equipment, together with exploration of joint ventures, local assembly units and manufacturing facilities in Moscow to enhance localisation and production capabilities. The partnership seeks to accelerate growth in power infrastructure and related sectors in both regions.

Planned cooperation extends to engineering, procurement and construction projects including substations and industrial power systems, in coordination with government and public sector entities. The arrangement also envisages strengthened engagement with regulatory bodies, financial institutions and industry stakeholders to ease project development and execution. Emphasis will be placed on technology transfer and skill development through exchange of technical expertise, training programmes and capacity building in areas such as transformer manufacturing, smart grids and energy efficient technologies.

The partnership foresees structured interaction through business delegations, technical discussions and investment opportunities to ensure effective implementation and long term industrial cooperation. Company leadership described the MOU as a significant milestone in international expansion that opens avenues for technology exchange and market access while contributing to more resilient energy ecosystems and sustainable growth. The document contains customary forward looking statements and highlights associated risks, with an undertaking that the company will not update such statements publicly.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Accord Transformer & Switchgear Limited (ATS) has signed a Memorandum of Understanding (MOU) with the Western Administrative District of the City of Moscow, Russia, formalised on March 22, 2026 in Haryana. ATS is one of the leading manufacturers of transformers and switchgear solutions in India with advanced manufacturing facilities in Bhiwadi and a presence across power transmission, renewable energy and industrial sectors. The MOU establishes a framework for cooperation to bolster industrial ties and support cross-border infrastructure projects. Under the agreement both parties intend to promote sustainable energy solutions and facilitate technological exchange across multiple strategic areas. Collaboration is planned in the supply, installation and commissioning of transformers, distribution systems, switchgear and related electrical equipment, together with exploration of joint ventures, local assembly units and manufacturing facilities in Moscow to enhance localisation and production capabilities. The partnership seeks to accelerate growth in power infrastructure and related sectors in both regions. Planned cooperation extends to engineering, procurement and construction projects including substations and industrial power systems, in coordination with government and public sector entities. The arrangement also envisages strengthened engagement with regulatory bodies, financial institutions and industry stakeholders to ease project development and execution. Emphasis will be placed on technology transfer and skill development through exchange of technical expertise, training programmes and capacity building in areas such as transformer manufacturing, smart grids and energy efficient technologies. The partnership foresees structured interaction through business delegations, technical discussions and investment opportunities to ensure effective implementation and long term industrial cooperation. Company leadership described the MOU as a significant milestone in international expansion that opens avenues for technology exchange and market access while contributing to more resilient energy ecosystems and sustainable growth. The document contains customary forward looking statements and highlights associated risks, with an undertaking that the company will not update such statements publicly.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..