India Optical Fiber Cables (OFC) Market to Reach USD 424 Million by 2020

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 19, 2015 The OFC market in India is projected to reach USD 424 million by 2020 on account of growing adoption of smartphones, broadband services, and upcoming 4G rollout, says a report by TechSci Research. Indian consumers are increasingly shifting towards internet driven applications such as video on demand,......

Sterlite Technologies to Invest Rs. 300-400 Crore on Expansion

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

April 1, 2015 Sterlite Technologies plans to invest Rs 300-400 crore on expanding its fibre and cable manufacturing capacities to cater to increased demand mainly due to the data network expansion of telecom operators and the government’s National Optic Fibre Network project that aims to connect 2,50,000 panchayats. “Growth in......

Optical Networking and Communications Market to Reach USD 25.97 Billion by 2020

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 15, 2015 The total market for optical networking and communications is expected to generate revenue of USD 12.55 billion in 2013 and is expected to reach USD 25.97 billion by 2020, at an estimated CAGR of 10.5% from 2014-2020, as per a new market research report “Optical Networking and......

China to Share UHV Experience With Other Countries

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

February 11, 2015 According to an official, China is willing to share its experience in developing a long-distance power transmission technology known as ultra-high voltage (UHV) grid with other countries. China has “comprehensively mastered the core technologies of UHV transmission with independent intellectual property rights,” said Liang Xu Ming, director......

L&T Construction Wins T&D Business Orders Worth Rs. 668 Crores

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 5, 2015 The L&T Construction’s transmission and distribution business has secured new orders worth Rs. 668 crores. Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged orders from the National Grid, Saudi Arabia (a subsidiary of Saudi Electricity Company), for the construction of 132......

Power Grid Secures Gadarwara Project, MP Worth Rs 6,000 Crore

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

February 27, 2015 Power Grid Corporation of India won the Rs. 6,000-crore Gadarwara A & B project in Madhya Pradesh. The other bidders were Adani Power, Essel Infra and Sterlite Grid. Earlier, there were 11 players in the fray with two European firms as well. Only four companies, including Power......

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A World Record in HVDC Light Voltage Level

wirecableApril 22, 2015July 9, 2021

April 22, 2015July 9, 2021

January 12, 2015 ABB, the leading power and automation technology group, successfully commissioned a high-voltage direct current (HVDC) link between Norway and Denmark to increase availability of renewable hydroelectric and wind power in the region’s electricity grid. At 500 kilovolts (kV), the Skagerrak 4 link sets a new record in......

Sterlite Technologies’ Centre of Excellence (CoE) for Broadband Research

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 29, 2015 Sterlite Technologies announced a slew of initiatives to sharpen its research focus on ultra-high speed broadband technologies at a conclave held in Aurangabad. The conclave aligned collaborative efforts between the government, broadband industry, and academia towards delivering on the Digital India vision. It featured a plenary address......

Polycab Wires to Go for Rs. 150-cr Expansion Plan

wirecableApril 22, 2015July 9, 2021

April 22, 2015July 9, 2021

February 16, 2015 Polycab Wires Pvt. Ltd. has readied a plan to expand and diversify its businesses. It has invested around Rs. 250 crore for business growth in the current fiscal. In 2015-16, it plans to invest around Rs. 150 crore. The company is in the process of entering new......

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Sterlite Grid’s Successful Refinancing of India’s First Ultra Mega Transmission Project, ENICL

wirecableApril 22, 2015July 9, 2021

April 22, 2015July 9, 2021

February 23, 2015 Sterlite Grid Limited, a subsidiary of Sterlite Technologies Limited, has successfully refinanced East North Interconnection Company Limited [ENICL] project loan within three months of the project becoming fully operational in November 2014. The new financing arranged by Axis Bank, consists of a long term loan of Rs.......