- Acquisition to address rising demand for low-voltage power distribution in India
- Siemens to acquire 99% of C&S Electric Limited
- Transaction strengthens local market presence, enables creation of export hub
- Closing subject to regulatory approvals
In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. (India) today signed an agreement to acquire New Delhi-based C&S Electric Limited. The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens’ position as a key supplier of low-voltage power distribution and electrical installation technology in one of the world’s fastest-growing economies. Under the agreement, Siemens Ltd. will acquire approximately 99 percent of the equity share capital of C&S Electric Limited for around EUR 267 million (INR 21 billion). Closing of the acquisition is subject to regulatory approvals. In the future, Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India, supporting the export of electrification solutions to fast-developing markets around the world. Siemens Ltd. is the local, publicly-listed entity of Siemens AG.
- Capacity of Toulouse metro Line A doubled by increasing train lengths from 26 to 52 meters
- Siemens and Tisséo worked through 1,000 nights to complete project on time without interrupting service
- World premiere for a fully automated VAL metro
Tisséo Collectivités, the transport network of Toulouse, inaugurated the new “XXL” Line A in its metro system. Awarded in November 2015, the “My Line A in XXL” project aimed to double metro capacity by increasing train lengths from 26 to 52 meters with 4-car rather than 2-car trains. The new trains can now carry up to 320 passengers, increasing the daily capacity of Line A from 220,000 to 400,000 passengers. The goal is to eventually reach an operating interval of 75 seconds between each train during peak hours to reduce waiting times and improve passenger experience in France’s fourth largest city.
To whom it may concern,
First of all, I do want to thank you for the countless
mails, social media engagements and personal meetings over this important matter.
The vast majority has been addressing their concerns clearly and with respect.
For me, this only underscored the importance and the need to diligently look
into the issue at hand. Especially, the messages I’ve received from Australian
people have moved me personally, when they described that their homes and their
country is burning and suffering from these terrible fires.
Even though we do not have clear evidence that the wildfires
and this project are directly connected, I feel empathy for all those, who
spoke up and warned about worsening conditions. Siemens, as one of the first companies
to have pledged carbon neutrality by 2030, fundamentally shares the goal of
making fossil fuels redundant to our economies over time.
Kicking off 2020, Siemens Mobility will participate in the Consumer Electronics Show (CES), a preeminent gathering place for the most innovative minds and organizations, taking place in Las Vegas, January 6-10, 2020. Under the motto of “Connecting people through seamless mobility”, Siemens Mobility will be showcasing a variety of digital innovations from its intelligent traffic systems and intermodal solutions.
Siemens Mobility delivers innovative solution-driven technology that enhances quality of life: making communities more sustainable and better places to live, work and play. Contributing to the next mobility revolution, comprehensive traffic management systems are shaping an autonomous, connected, electric and shared mobility ecosystem.
- Intelligent infrastructure used on three bus routes in Manhattan and Brooklyn
- Helps ease congestion and improve efficiency
- Sophisticated solution identifies violations and length of stay
Siemens Mobility has successfully launched an Automatic Bus Lane Enforcement (ABLE) solution in New York City, representing the first-ever application of this technology to be mounted on buses. The ABLE systems are installed on M15 Select Bus Service buses that operate on bus lanes benefitting more than 44,000 daily customers. The technology is playing a key part in New York City’s drive to improve bus speed and efficiency and to keep traffic moving on the city’s congested streets.
- Seven four-car Desiro Mainline trainsets ordered
- To serve in the Verkehrsgesellschaft Mecklenburg-Vorpommern rail network
- Subsequent capacity expansion to four-car trainsets ensures sustainable value creation over the entire lifecycle
Alpha Trains, the European continent’s largest leasing company for rail rolling stock, has ordered seven Desiro Mainline (ML) regional trains from Siemens Mobility. Ostdeutsche Eisenbahn GmbH (ODEG) will lease the trains for service in the rail network Baltic coast east operated from December 2019 onwards by the ODEG on behalf of Verkehrsgesellschaft Mecklenburg-Vorpommern (VMV). The production has already started at the Siemens Mobility train manufacturing facility in Krefeld. “Alpha Trains ordered the Desiro ML as its first customer many years ago and we are pleased that this proven and reliable platform is also used for this project” said Thomas Schmidt, Managing Director of Alpha Trains Europa GmbH.
- ETCS approval for Baseline 3 in Germany and Sweden
- Improved availability thanks to intelligent infrastructure
- Approval for other countries to follow
Germany’s Federal Railway Authority (EBA) has approved the Vectron locomotive for operating in Germany with the European Train Control System (ETCS) Baseline 3. Approval for Sweden has already been received. Additional countries will follow.
Siemens has recently been contacted by groups and individuals expressing their opinion on the Adani Carmichael coal mine project in Queensland, Australia.
- Desigo CC Compact for small and medium-sized buildings
- Improved connectivity to support KNX and M-Bus protocols
- Powermanager module for efficient energy systems and demand optimization
- New cloud application
Desigo CC, the integrated building management platform from Siemens Smart Infrastructure, has been updated to version V4, making it suitable for use across a wider range of buildings. The technology enables building operators to boost energy efficiency while ensuring the comfort and safety of tenants. Every construction, from commercial and residential buildings to educational and medical facilities is compatible with Desigo CC. Equipped with multidiscipline support, including fire safety, power management, lighting, HVAC and physical security, Desigo CC turns buildings into living environments that can interact with their occupants and adapt to their changing needs by collecting and analyzing building-generated data. Now, with the product portfolio extension, Desigo CC Compact, provides precise scalability and flexibility in usage also for small and medium-sized buildings.
Independent industry research company Verdantix has recently ranked
Siemens Smart Infrastructure as a leading provider of the Internet of Things
(IoT) platforms for smart buildings. The “Green Quadrant IoT platforms for
Smart Buildings 2019” report assesses 13 companies that Verdantix considers as
shaping the market, which is still at its infancy but seeing strong
competition.