Infinity launches power solutions into Nigeria, showcases products at Lagos fair – Newstrends
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Infinity launches power solutions into Nigeria, showcases products at Lagos fair

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Mr. Vineet Mathur, Group CEO, Infinity Group (middle) cutting the tape to officially launch the Infinity Sustainable Power Solutions and declare open the Infinity stand at the Powerelec show holding March 27-29, 2023, at the Federal Palace Hotel, Victoria Island, Lagos. To the left of the GCEO is Mr. Sanjay Sharma, GM, Infinity Sustainable Power Solutions Limited and other participants during the event.

 Infinity Sustainable Power Solutions Limited (ISPL) has introduced a number of products into the Nigerian market to address major power needs of the country.

The firm says it provides customised solar and standby power solutions are backed by perfect after-sale service, installation and training support with sufficient spare parts backup at all times.

The firm is currently showcasing some of its unique power solutions at the Lagos Powerelec Nigeria fair taking place at the Federal Palace Hotel between March 27 and March 29.

Group Chief Executive Officer, Infinity Group, Mr Vineet Mathur, who was at the firm’s stand during the fair opening on Monday, said the company had worked towards bridging the gap between the customer’s aspiration of quality and dependability and the average runoff the mill products available in the Nigerian market.

A statement by the firm also disclosed that the “ISPL is already providing standby power solutions to key sectors, like telecom, banking, data centers, hospitals, hotels, broadcasting and continuous manufacturing processes of medical, food processing, petroleum and CNC controlled heavy industries.”

It stated that the company was determined to provide quality power solutions for sustained growth of businesses.

“With continued challenges in energy sector and simultaneous growth of various industries in Nigeria, the industries have become increasingly dependent on technology for their fundamental operation, necessitating the need for availability of quality power for sustained growth of their businesses.

“Hence, to meet up these needs, Infinity Sustainable Power Solutions Limited, (ISPL) was established in 2017 as a part of Infinity Group diversification programme into green energy, and over the last five years, ISPL has made significant inroads into standby and motive power solutions, and offering premium quality standby power solution for homes, offices and industries.

“The company has painstakingly worked with its design team over the last two years to provide the customers with engineered solutions for energy efficient environmentally sustainable ups systems & end to end power quality, energy storage & hybrid (solar-wind-battery-utility-diesel) solutions for data centres, ICT, ITES, BFSI, medical, diagnostics, mission critical, continuous manufacturing processes & other industrial applications.”

According to the company, the group’s partners based in India are working closely with ISPL engineering team to provide customised solutions for solar and standby power solutions.

It added, “Infinity Sustainable Power Solutions Limited, which can be reached on ISPL at customercare@infinitytyres.com, offers unique advantages for its customers across the various spectrum of industries. These include ex. stock deliveries, capability to absorb and deliver modern technologies, widespread presence in various key industrial segments, as well as sales and service support manpower backed by nationwide network.

“Other advantages offered by the company include exposure to marketing and servicing of diagnostics and power products (up to MW+), trained support manpower for handling power conditioning products unto MW+, customer need analysis and customized power solutions for specific applications.”

Infinity Group, the umbrella company of Infinity Tyres Limited, was established in 1981 in Nigeria, it stated, adding that over the decades, the group had established its leadership position in the automotive aftermarket sector in Nigeria before diversifying.

 

 

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Appeal court takes over NURTW case as NIC withdraws

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Appeal court takes over NURTW case as NIC withdraws

The National Industrial Court has withdrawn from a case involving Alhaji Najeem Usman Yasin, Board of Trustees chairman of the National Union of Road Transport Workers (NURTW), and Alhaji Tajudeen Ibikunle Baruwa’s ambition to return as president of the union over lack of jurisdiction.

The industrial court’s decision was made to avoid conflict with the Court of Appeal, where the matter is already being heard.

Before the NIC announced its decision to hands-off the case, the defendants’ counsel, Mr. O.I. Olorundare SAN, had informed the court that the matter is currently before the Court of Appeal, Abuja division, and that the industrial court could not continue to adjudicate on the same matter.

The counsel cited authorities to support his claim, adding that the National Industrial Court does not have concurrent jurisdiction with the Court of Appeal.

The presiding judge, O.O. Oyewunmi, struck out the case, stating that the Appeal Court had taken over the matter and that the Industrial Court must respect the hierarchy of courts.

Alhaji Yasin and six others took the case to the Appeal Court, challenging the decision of the industrial court recognising a delegates’ conference held on May 24, 2023, where Baruwa was proclaimed as President of the union for a second term in office.

With the latest NIC judgement, both parties will now proceed to defend their positions at the Court of Appeal and await the final judgement.

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Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages

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Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages

Despite the intervention of the CCPT, Multichoice Limited has proceeded to increase packages price for DSTV and GOTV as announce on Wednesday last week.

Newstrends had earlier reported that the corporation announced that the new rates will go into effect on Wednesday, May 1, 2024, in a statement.

Meanwhile, on Monday, MultiChoice Nigeria Limited was ordered by the Competition and Consumer Protection Tribunal (CCPT) in Abuja to suspend the planned prices and tariffs hike on packages and services.

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The three-member tribunal, presided over by Saratu Shafii, gave the interim order following an ex-parte motion moved by Ejiro Awaritoma, counsel for the applicant, Festus Onifade.

News prices includes: DStv, Premium bouquet, the price moved from N29,500 to N37,000; Compact+ from N19,800 to N25,000; Compact from N12,500 to N15,700; Confam from N7,400 to N9,300, among others.

For GOtv users, Supa+ increased from N12,500 to N15,700; Supa moved from N7,600 to N9,600; Max from N5,700 to N7,200; Jolli, from N3,950 to N4,850, among others.

Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages

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As controversy over Maersk-FG port investment rages, Onanuga says no $600m deal signed

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As controversy over Maersk-FG port investment rages, Onanuga says no $600m deal signed


The Nigerian government and a shipping giant, Maersk, have not signed any investment agreement, Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, has said.
Onanuga was reacting to the controversy surrounding the reported sealing of a $600 million deal for the development of the nation’s seaports.
He said there was only talk “of possible investment in Nigeria” by Maersk.
Interestingly Onanuga had hinted about the deal in a tweet said to have been pulled down after the social media backlash.
After President Tinubu’s discussion with Maersk’s Chairman Robert Uggla on April 28, on the sidelines of the World Economic Forum Special Meeting in Riyadh, Saudi Arabia, the presidency had released a statement announcing that the shipping company had pledged to inject $600 million into the Nigerian seaport industry.
“Danish shipping company, A.P Moller-Maersk plans $600m investment in Nigeria. Danish shipping and logistics company A.P Moller-Maersk has disclosed a planned investment of $600 million in Nigeria to accommodate more container shipping services in Nigerian ports,” Onanuga wrote on X.
In a statement, Tinubu’s spokesperson, Ajuri Ngelale, also said “President Tinubu meets Chairman of Danish shipping giant Maersk, secures $600 million investment in Nigerian seaport infrastructure.” He quoted Uggla as saying, “We believe in Nigeria, and we will invest $600m in existing facilities and make the ports accommodating for bigger ships.”
In response to this. Maersk officials have denied any such agreement and stress no deals have been signed.
Onanuga in a new report by TheCable, an online news platform admitted no agreement on investment had been reached by the two parties.
“I think the statement issued by Maersk did not talk about a deal. There was no deal according to that statement that I read.
“However, there was talk of investment,” the special adviser said.
“No document or agreement was signed, so there was no deal. But there was talk of a possible investment in the country.
“So, go and read the statement again. They never said any deal was signed between the Nigerian government and the Dutch company. There was nothing like that.”
Onanuga however said the shipping company did not expressly deny that there was an investment talk.
He said people are “unnecessarily giddy over nothing.

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