Wire and Cable Industry News - Wire & Cable India
April 26, 2024

Wire & Cable India

Category : News

News

IndiGrid Inks Pact to Purchase Jhajjar KT Transco for INR 310 Crore

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The transaction is expected to be completed over the next few months. May 30, 2020 IndiGrid, a listed infrastructure investment trust (InvIT) for power transmission lines has executed share purchase agreement for the buyout of power transmission line operator Jhajjar KT Transco Pvt. Ltd., for about INR 310 crore, from......
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HFCL Bags Order Worth Rs 174.43 Crores for Supply of Optical Fibre Cables

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Domestic telecom gear maker HFCL has bagged orders for supply of optical fibre cables under Bharat Net Phase-II Programme. May 24, 2020 Himachal Futuristic Communications Limited has bagged order worth Rs 174.43cr from a Private Leading Integrator of data networks for the supply of Optical Fibre Cables (OFC). The company......
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Polycab India to Acquire 50% Stake in Ryker From Trafigura

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The transaction is subject to fulfillment of certain conditions by both parties. May 4, 2020 Cable and wire manufacturer Polycab India Limited (PIL) has inked an agreement with Trafigura Pte Ltd of Singapore to buy 50% stake in Ryker Base Private Limited (Ryker), thereby terminating the existing joint venture (JV). The......
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Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

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Reliance Infrastructure has hired KPMG to find buyers for its 51% stake each in BSES Rajdhani Power Ltd. (BRPL) and BSES Yamuna Power Ltd. (BYPL), the people said on condition of anonymity. May 12, 2020 At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP......
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Prysmian: The Road Ahead

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The COVID-19 crisis will encourage many industries to use more Artificial Intelligence to increase safety and improve productivity. In an interview given to Wire & Cable India, Mr. Benoit Lecuyer talks about the contingency plans the industry is making to handle the coronavirus crisis. Excerpts. Wire & Cable India: According......
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KEC International Bags T&D Orders Worth INR 1203 Crore

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Infrastructure firm KEC International has bagged orders worth INR 1,203 crore across various businesses. May 19, 2020 RPG Group company’s power transmission and distribution segment – its T&D business and SAE Towers have secured orders worth INR 917 crore for transmission and distribution (T&D) projects in India, Bangladesh, Africa and......
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ICRA Revises Steel Industry Outlook to Negative, Estimates Demand Fall by 20 Percent in FY21

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According to official data, India consumed 100 million tonnes of steel during financial year ended March 2020. May 19, 2020 Rating agency ICRA has revised steel industry outlook to negative from stable as back-to-back extensions of lockdown is likely to result in a severe steel demand slowdown which is estimated......
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Sumitomo Electric Secures EUR 500 Million Corridor A-Nord High Voltage DC Underground Cable Project

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SEI has been leading the international power cable industry with its own-developed HVDC XLPE insulation technology. May 11, 2020 Sumitomo Electric Industries, Ltd., with the support of its technology partner, Südkabel GmbH, will deliver the highest voltage 525kV XLPE Insulated HVDC underground cable system for German Corridor Project to supply......
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Prysmian Secures Over EUR 500 Million Contract for A-Nord Power Cable Link in Germany

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Prysmian will deliver a fully qualified ±525 kV high voltage DC (Direct Current) cable system consisting of copper cables, insulated with their own proprietary P-Laser technology. May 11, 2020 Prysmian Group has been awarded a contract by Amprion GmbH, the German grid operator, for the A-Nord underground cable connection, part......
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