Economy & Market

Green elevator

Published

10 years ago

December 31, 2014

admin

Otis India announced the launch of its easy to install, single phase battery operated, GeN2 SWITCH???elevator system in India. This innovative system is a breakthrough in the elevator industry to operate GeN2 technology elevators with single phase 230 V supply.

Under normal running mode, single-phase mains power supply charges a pack of batteries which in turn supplies power to the elevator motor operation. So in the event of a power failure, the battery pack continues to operate the elevator that too up to a 100 trips.

Thus the GeN2 SWITCH would prove to be a boon in parts of the country which suffer from excess power outages.

Clearly, introducing this technology will provide the following customer benefits:

Costs savings using 230 V single phase power supply rather than 400 V 3-phase.
Normal elevator use even in case of power cuts (up to 100 trips)
Regenerated energy captured into batteries that makes system more reliable in power cut situations.
Improved safety for installation and maintenance due to low voltage application.
Also, convenient as the requirement is only single phase power supply
Compatible with alternative energy sources like solar panels that makes it truly sustainable.

Because the system is based on GeN2 Technology, all the other technological aspects of GeN2 system come available in SWITCH

OTIS Elevator Company (India) Ltd
Tel: 91-22-2844 9700/6679 5151
Fax: 91-22-2844 9791/9793
Email: debraj.chowdhury@otis.com

Concrete

Shree Cement reports 2025 financial year results

Published

5 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

5 days ago

June 17, 2025

admin

Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

5 days ago

June 17, 2025

admin

According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/