In a bid to build a combustion test centre for gas turbines near Berlin, Siemens is investing Euro 66 million. The projected test center will begin operation in 2014. It will have three cells for investigating combustion processes of burners under real-life operating conditions.
Further, the company has said that center of competence in Berlin Moabit and a recently commissioned production facility in Charlotte, North Carolina, form the basis of the global manufacturing, sales and service network for Siemens gas turbines.
The importance of the Berlin site is reflected by Siemens’ decision to invest more than Euro 70 million there in three major modernization programmes. The company has renovated its test facility in Berlin-Moabit, in which fully assembled gas turbines are tested under actual power plant conditions.
The company has installed a new drilling station for gas turbine casing parts and also established a new production shop for gas turbine blades. In fiscal 2011, Siemens’ environmental portfolio totaled revenue of about Euro 30 billion.
Company Name | CMP |
---|---|
Siemens | 5230.00 |
Havells India | 1522.45 |
Apar Inds | 6986.80 |
ABB India | 6350.00 |
CG Power & Indl.Soln | 539.95 |
View more.. |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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