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First electric tractor in the country tested at MP's farm machinery institute

First electric tractor in the country tested at MP’s farm machinery institute
April 29, 2021
The electric tractor will be more environmentally friendly than other types of tractors
The first-ever electric tractor in the country has been tested at the Central Farm Machinery Training and Testing Institute (CFMTTI) in Budni, Madhya Pradesh.
An official statement said that CFMTTI had received an application for an electric tractor under confidential test initially. Accordingly, it tested the tractor and released the draft test report in February this year.
After the release of the draft test report, the manufacturer sought for conversion of the nature of the test from “confidential to commercial” and the competent authority accepted the request from the manufacturer. ....

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Watch: classic Claas Challenger does the donkey work in Kildare

Watch: classic Claas Challenger does the donkey work in Kildare 2021-04-28 ....

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Bain-led consortium to buy Hitachi Metals for $7.5 billion

A consortium led by global private equity firm Bain Capital will buy all the shares of Hitachi Metals Ltd for 817 billion yen ($7.5 billion), Hitachi Ltd's metals subsidiary said on Wednesday. ....

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Exclusive-CNH to add defence business to spin-off plan -source

3 Min Read
MILAN (Reuters) -CNH Industrial is set to include its defence and special vehicle businesses in a plan to spin-off assets to speed up the process after delays due to the COVID-19 crisis, a source told Reuters on Wednesday.
FILE PHOTO: A CNH Industrial building is pictured in Turin, Italy, February 5, 2020. REUTERS/ Massimo Pinca
CNH Industrial, which is controlled by Exor, the holding company of Italy’s Agnelli family, declined to comment.
The industrial equipment and automotive group said in 2019 it planned to split into two and separately list its lower-margin Iveco truck and bus business along with its FPT engine division to boost asset values and streamline its businesses. ....

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Chinese consortium of CMEC and CDIL to Invest and Finance one of the Largest Solar Power Projects in Latin America

Chinese consortium of CMEC and CDIL to Invest and Finance one of the Largest Solar Power Projects in Latin America
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HONG KONG, April 28, 2021 /PRNewswire/ China Development Integration Limited ( CDIL ) and China Machinery Engineering Corporation ( CMEC ) are pleased to announce that they have entered into a development agreement in relation to the EPC+F (engineering, procurement, construction + financing) of a 1100MW photovoltaic project in Port Açu and additional locations in Brazil.
CDIL is based in Hong Kong since 1987 and is engaged in large-scale infrastructure, transportation, energy, trading, agriculture, communication, pharmaceutical, real estate, financial modeling, and finance operations in mainland China and internationally. ....

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