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Cuttack to Get Underground Cable System for Uninterrupted Power Supply

Cuttack to Get Underground Cable System for Uninterrupted Power Supply

Energy department decides to replace electric poles with underground cables for uninterrupted power supply. The initial expenditure estimated for completion of first phase sums up to be Rs. 142 crore. December 20, 2016 After Bhubaneshwar and Puri, the millennium city... (Continue reading)

Sterlite Technologies Targets to Double Its Orders Book

Sterlite Technologies Targets to Double Its Orders Book

Based on global growth potential in optical fiber communication, the company projects a very strong visibility of orders worth Rs 6,000 to Rs 7,000 Crore. December 29, 2016 A part of mining group Vedanta Resources, Sterlite Technologies, expects to almost... (Continue reading)

Power Transmission Sector Likely to Get About Rs. 260,000 Cr Investment Till 2022

Power Transmission Sector Likely to Get About Rs. 260,000 Cr Investment Till 2022

About Rs 1.6 lakh crore would come from states and the other Rs 1 lakh crore from Power Grid Corporation of India. January 3, 2017 Indicating significant growth in the power transmission sector, the Central Electricity Authority (CEA) has estimated... (Continue reading)

KEI Industries Inks New Technical Collaboration Agreement with Brugg Kabel

KEI Industries Inks New Technical Collaboration Agreement with Brugg Kabel

The new line is expected to contribute Rs 200-250 Crore worth revenue annually and margins on EHV cables will be over 15 percent. December 19, 2016 KEI Industries has signed Technical Collaboration Agreement with Brugg Kabel AG, Switzerland based 116... (Continue reading)

A Minimum Import Price for Aluminum May be on Card

A Minimum Import Price for Aluminum May be on Card

The mines ministry may shortly decide on the merits of levying a minimum import price (MIP) on aluminum products to safeguard the local industry from a surge in cheap inbound shipments. December 27, 2016 After steel, the mines ministry may... (Continue reading)

Shilpi Cable Technologies Ltd. Acquires Gulf Aglow LED Lighting

Shilpi Cable Technologies Ltd. Acquires Gulf Aglow LED Lighting

The acquisition will add global brands to portfolio and is expected to be completed within three months subject to necessary regulatory approvals. January 4, 2017 Shilpi Cable Technologies Ltd, one of the leading manufacturers of cables, wires, and accessories primarily... (Continue reading)

Sterlite Power Seeks SEBI’s Nod to Raise Funds Through Investment Trust

Sterlite Power Seeks SEBI's Nod to Raise Funds Through Investment Trust

Sterlite Power Transmission is likely to be one of the first companies to raise capital through InvITs. December 5, 2016 According to reports, Sterlite Power Transmission seeks approval from the market regulator Securities and Exchange Board of India (Sebi) to... (Continue reading)

PVC-free MOTIONLINE® HALEX Automation Cables by Nexans

PVC-free MOTIONLINE® HALEX Automation Cables by Nexans

Nexans has launched a range of halogen-free flexible automation cables for industrial applications which would be an alternative for PUR cables. November 22, 2016 The new MOTIONLINE® HALEX cable series by Nexans is an alternative that not only is flexible,... (Continue reading)

Dow Corning Launches New Silicone Masterbatch for Wire and Cable Applications

Dow Corning Launches New Silicone Masterbatch for Wire and Cable Applications

The MB25-502 masterbatch is designed to optimize the processability of highly mineral-filled polyethylene (PE) compounds by reducing screw torque by as much as 30 percent. December 23, 2016 Dow Corning has launched new MB25-502 Masterbatch which is the first in... (Continue reading)

The North Sea Link Project Bags Credit Facility Worth USD 519 Million for Building World’s Longest Submarine Interconnector

The North Sea Link Project Bags Credit Facility Worth USD 519 Million for Building World's Longest Submarine Interconnector

It is the largest deal ever struck in the submarine sector in Europe with coverage from an export credit agency. The total value of the project is around EUR 2 billion which involves the construction of a subsea interconnector between... (Continue reading)

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