September 2016 - Page 2 of 4 - Wire & Cable India
April 30, 2024

Wire & Cable India

Month : September 2016

News Wire & Cable News

Trafigura Polycab JV to Install a Capacity of 2,40,000 Tonne for Copper Rods

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Spread over an area of around 40 acres this joint venture for copper rod manu-facturing unit will invite a total investment of nearly USD 25 million. August 11, 2016 For copper rod production a joint venture in Gujurat was announced by Trafigura Group Pte Ltd and Polycab Wires. Located on......
News Wire & Cable News

Prysmian Group Gears Up for Improved Optical Fiber Production in Italy

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Prysmian Group will relaunch its optical fiber production in Italy and has completed the investment of over EUR 30 million to boost its competitiveness. September 16, 2016 Prysmian Group’s optical fiber production in Italy will now focus on the development plans for the new broadband telecommunication networks. Also, the Italian......
News Wire & Cable News

Hindalco Industries to Invest Rs. 250 Cr. in a New Plant at Dahej

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The new wire-rod production facility will aim in enhancing the contribution of value-added products from 40 to 60 percent of total sales. August 16, 2016 An Aditya Birla Group company, Hindalco Industries will invest Rs. 250 Cr. in a new wire-rod production capacity at Dahej in Gujarat. This new facility......
News Wire & Cable News

Shilpi Cable Technologies to Invest USD 150 Million in UAE

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The company has received an approval for investment for setting up of copper products manufacturing unit with a capacity of 60,000 MT in Abu Dhabi, UAE. June 2, 2016 Shilpi Cable Technologies have received the approval from the board of directors to set up a manufacturing unit in Abu Dhabi,......
News Wire & Cable News

CRI Group Forays into High-end Specialized Wires and Cables

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CRI Group aims to achieve a turnover of Rs 5,000 crore by 2021 with an investment of around Rs 125 crore. August 17, 2016 Tamil Nadu-based pump manufacturer CRI group plans to invest in a manufacturing facility for high-end specialized wires and cables. An investment of Rs 125 crore with......

Prysmian Group All Set to Display Latest HVDC Cable Technologies at CIGRE 2016

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At the biannual session of CIGRE, Prysmian Group will showcase recent technological innovations in field of HVDC and submarine cable systems of up to 700kV. August 4, 2016 At the International Council on Large Electrical Systems (CIGRE) 2016, Prysmian Group will feature its comprehensive range of innovative technologies and products......
News Transmission, Distribution & Infrastructure

Sterlite Power Transmission to Buy Minority Stakes in Sharper Shape

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Sterlite Power and Shaper Shape have signed an agreement to deliver best drone technologies for surveillance of power transmission grids in India. August 9, 2016 Sterlite Power Transmission has decided to buy a minority stake in Sharper Shape, a US-based company to bring drone and automated inspection technologies for infrastructure......

Diamond Power Gets Approval for Buyout Offer

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The buyout offer from Chinese company Jiangsu Longzhe gets approved by the third-party agency, allowing Diamond Power to issue its shares worth 51% of company’s equity. August 26, 2016 The electrical equipment maker Diamond Power Infrastructure received an investment proposal of USD 125 million from Jiangsu Longzhe Technology and Trade......
News Wire & Cable News

Huber+Suhner Wins the Bombardier Contract

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As per the agreement, Bombardier Transportation will install Huber+Suhner cables in the majority of new types of rolling stock and in existing fleets. August 30, 2016 Huber+Suhner, a Switzerland-based cable supplier has signed a five year agreement of Bombardier Transportation. Bombardier’s future trains and metro carriages will be using Huber+Suhner’s......
News

China’s State Grid Corp Acquires Stake in Brazil’s CPFL Energia

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Recession in Brazil invites Chinese investment worth USD 1.8 billion as the State Grid Corp buys major stakes in CPFL Energia. September 6, 2016 In a deal worth USD 1.8 billion, State Grid Corp of China has acquired a considerable stakes in Brazil’s most important power distribution companies, CPFL Energia.......
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