Net Technologies develop power savings system for motors tool – Feedback

Indus Net Technologies in partnership with E-Cube Energy have developed motor tool, an innovative web based application that promises to reduce power consumption for industrial motors or motor-based systems.

The company plans to go global with the technology and intends to launch it in Bangladesh, Sri Lanka and Malaysia in the next 3-6 months. “Globally 300 million electric motors are used in Industries resulting in consumption of 60% electricity across electric motor driven systems. Additional 30 plus million motors get added every year to this system. As per International Energy Association ‘s (IEA) report efficiency of motors driven systems can be increased by around 20% and this tool helps harness that potential,” the company said in a statement.

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *