#joint venture company

India: Grasim Industries Limited signed a definitive agreement to form a joint venture company in India with Maschinenfabrik Reinhausen GmbH of Germany for the manufacturing and sale of composite hollow core insulators to serve the power transmission and distribution industry globally.

Japan, Tokyo: Hitachi, Ltd. and ABB have announced the completion of the process to establish a joint venture company, Hitachi ABB HVDC Technologies, Ltd., for high-voltage direct current (HVDC) transmission in Japan.