Kirloskar Brothers Limited - India's largest manufacturer and exporter of centrifugal pumps and pumping systems, a company which built the world’s largest pumping scheme in Gujarat, and a flagship company of the pioneering Kirloskar Group of companies - placed a significant order with Green Brilliance Energy Private Limited (Vadodara, India), a wholly-owned subsidiary of GreenBrilliance Holdings LLC. ('http://www.greenbrilliance.com') The order is for supply of solar photo-voltaic modules and their installation under the solar water supply project in remote areas of Gujarat. GreenBrilliance will supply and install the PV modules in the remote talukas of Danta and Amirgarh near Palanpur.

These solar pumping systems will provide water from 10,000 litres per day to 5,000 litres per day per pumping system from the bore-well depths of 30 meters to 70 meters - 100 feet to 200 feet, approximately - saving the villagers the exertions of running hand pumps by using patented KIRLOSKAR solar drive controllers and high-energy, high-efficiency GreenBrilliance solar photovoltaic panels.

The lack of power supply in these areas leads GreenBrilliance management to expect to sell a large number of solar pumping systems in rural areas of India. All systems are equipped with high wattage and high efficiency GreenBrilliance panels and can supply water up to 100,000 litres per day. These systems can be used for both drinking water and irrigation purposes.(source News Blaze)Members are requested to express their views.

Edited by EMANI - 22/Feb/2010 at 2:28pm

    The company grew at a cagr of 32% from 2004 to 2008 and its NP grew from 12.5cr to 67cr during the last 10 years while the networth improved from 128cr to 709cr during the past decade.The company declared dividends of 200% or more from 2004 to 2008 while it was 100 for 2009. The company aquired KOLHAPUR STEELS(BIFR) for bacwaed integration for cast steel and turned it around.
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    The Power group has successfully completed sump model cooling water system for 4000 mw ultra mega power project  at kirloskar wadi and  it has taken several other projects for nuclear power plants and essar power for cooling systems and boiler feed pumping.Several other EPC projects were were received from global players including alstom and seimens Bechtel,USA.There are several water pumping  sewage water treament projects from SAIL, Municipal corportions of delhi, nagpur,huda Hyderabad  and Republic of Lesotho.It has implemented/implementig successfully many lift irrigation projects in AP, KARNATAKA and GUJARAT.It also enterd the oil and gas industry by doing prestigious projects for ONGC, RELIANCE ,SEWA(UAE). It has orders from Delhimetro, Mumbai internationalair port, Trivandrum air port, common wealth games2010 for pumping systems.The company also spends about 1.4% of sales towards research.It has BEE 5 star rating on 8 of its models which certifies power saving.The company should grow  with the growth of our economy with a lot of impetus on sewage water treatment, drinking, irrigation, power, oil and gas industries.

    I earnestly request our members to express their opinions.

Members of the Exchange are hereby informed that the trading in equity shares of Kirloskar Brothers Limited shall be suspended w.e.f. March 09, 2010 (i.e. closing hours of trading on March 08, 2010) o...          Date: 2010-02-26   Kirloskar Brothers Limited has informed the Exchange that the Honourable High Court of Judicature at Bombay has approved the Scheme of Arrangement between Kirloskar Brothers Limited (KBL), Kirloskar Brothers Investments Limited (KBIL) and their respective shareholders on January 22, 2010. The Committee of the Board of Directors has fixed, March 10, 2010 as a "Record Date" for the purpose of issue of new equity shares of KBL, after reduction in the share capital and of KBIL, in terms of the Scheme of Arrangement. In this connection, as per the terms of the Scheme of Arrangement, the shareholders of KBL, against their respective holding of 20 (Twenty) KBL equity shares of Rs.2/- each, would be entitled to receive 15 (Fifteen) new equity shares of Rs.2/- each of KBL after reduction of capital and 1 (One) equity share of Rs.10/- of KBIL. Further, the Company has submitted detailed note on the Scheme of Arrangement. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). (source:moneycontrol.com)

Edited by EMANI - 28/Feb/2010 at 1:34pm