Wire and Cable Industry News - Wire & Cable India
April 23, 2024

Wire & Cable India

Category : News

News

Prysmian to Link Scotland with England by Electrical ‘Superhighway’ Cable Link Worth EUR 1.9 Billion

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Prysmian signs EUR 1.9 billion contract with Eastern Green Link 2 to deliver HVDC cable system having power transmission capacity of 2 GW, which will increase the UK’s capacity to deliver clean energy for around two million homes. Mar 9, 2024 Prysmian, world leader in the energy and telecom cable......
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Nexans Awarded Major Contract by Leading Power Utility to Support Energy Transition in Italy

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Nexans will supply 6,000 km of low and medium voltage power distribution cables & services to support energy transition in Italy, beginning February 2024, for a duration of 16 months. Feb 18, 2024 While demand in electricity is booming, cables and accessories are key elements of the electricity value chain......
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HEXPOL Compounding Invests in Devulcanization, Supports Transition to Circular Economy

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The investment will enable HEXPOL Compounding in Europe to produce several thousand tonnes of compounds with devulcanized rubber content per year. Mar 18, 2024 The rubber compounding arm of the HEXPOL Group has announced an investment in a devulcanization line in Europe. This allows them to offer mechanical devulcanization of......
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Torrent Power Bags 1,500 MW Inter-State Transmission Scheme Project to Evacuate Renewables in Maharashtra

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Torrent Power received LoI from PFC Consulting to lay a transmission line of approximately 44 km in Solapur, Maharashtra, connecting the existing substation of Power Grid Corporation of India with a new substation to be established by Torrent Power. Mar 18, 2024 Gujarat-based power company Torrent Power has revealed that......
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Cabinet Approves PM-Surya Ghar Muft Bijli Yojana Having Outlay of INR 75,021 Crore

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The scheme will assist the installation of rooftop solar systems and provide free electricity up to 300 units per month for 1 crore households. Mar 18, 2024 The Union Cabinet has approved the PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore for installing rooftop solar and......
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Uttar Pradesh Gives Nod to Green Hydrogen Policy, To Set Up Two 800 MW Units With NTPC Worth INR 8,624 Crore

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Under the green hydrogen policy, UP will provide subsidies and other incentives totalling INR 5,045 crore to industries establishing themselves in the state within the next 5 years; help the state to produce 1 million TPA green hydrogen by 2028. Mar 18, 2024 The Uttar Pradesh government has approved the......
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Power Grid Inks MoU with RRVPNL to Develop Intra-State Transmission Projects in Rajasthan Worth INR 10,000 Crore

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Power Grid to incorporate a joint venture company with Rajasthan Rajya Vidyut Prasaran Nigam Limited for the development of an intra state transmission system in Rajasthan. Mar 18, 2024 The Power Grid Corporation of India has executed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL)......
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PM Lays Foundation Stone of India’s First Commercial Semiconductor Fabrication Facility Worth INR 91,000 Crore

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The Tata-Powerchip Semiconductor Manufacturing Corp unit at Dholera is the country’s first commercial semiconductor fabrication facility having 50,000 WSPM capacity. Two more semiconductor plants inaugurated at Gujarat and Assam worth around INR 34,600 crore. Mar 13, 2024 Prime Minister Narendra Modi laid the foundation stone of the Tata-Powerchip Semiconductor Manufacturing......
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Exicom Tele Systems Aims To Raise INR 429 Crore Through Maiden IPO

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Maiden IPO of Exicom Tele Systems debuts at 86.6 percent premium, experts expect doubling of its issue price of INR 142 apiece. Mar 19, 2024 Power management solutions provider Exicom Tele Systems recently launched its maiden initial public offering (IPO), comprising a fresh issue of INR 329 crore worth shares......
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Asian Cables to Establish New Aluminum Conductor Manufacturing Plant

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Asian Cables’s new aluminum conductor plant not only aligns with the nation’s vision of self-reliance but also positions them to meet the growing demand for uninterrupted power supply. Feb 28, 2024 Leading manufacturers of cables in India, Asian Cables, a division of KEC International, has announced plans to establish a......
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