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National Committee for Transmission Proposes Transmission Projects Worth INR 22,540 Crore

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As per NCT, the proposed projects will mark a significant investment in the country’s energy infrastructure, strengthening the transmission network across the country, supporting the growing demand for electricity, and enhancing the reliability and efficiency of power distribution. Sep 11, 2024 The National Committee for Transmission (NCT) has submitted a......
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Motherson to Launch Share Sale Up To USD 715 Million

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Samvardhana Motherson International will raise funds through a Qualified Institutional Placement. It will use the amount to repay debt, fund capital expenditure and execute expansion plans. Sep 11, 2024 Samvardhana Motherson International, one of India’s largest auto part makers, is set to launch a share sale of up to USD......
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Vedanta Aluminium Unveils Two New Products for Power Industry

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The products were showcased at PowerEdge 2024, an industry-focused event that attracted leading companies from the power and transmission sectors, sector experts and policymakers.  Sep 12, 2024 Vedanta Aluminium, India’s largest aluminium producer and the world’s largest aluminium wire rod manufacturer, introduced two high-quality products for the power and transmission......
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BC Jindal Group Forays Into Renewable Energy Sector with 5 GW Goal

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Jindal India Renewable Energy will generate 5 GW power from solar, wind, hybrid and FDRE modes to uphold responsible environmental care while achieving decarbonisation by investing around USD 2.5 billion in the next five years. Aug 28, 2024 BC Jindal Group, a leading conglomerate with over INR 18,000 crore turnover,......
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Hindalco to Invest USD 10 Billion to Expand Operations in India, Novelis

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Hindalco’s USD 10 billion expansion plan includes expansion of aluminum and copper smelters, establishment of a new alumina refinery in Rayagada, the Aditya FRP plant, and the expansion of its Bay Minnette project in Novelis. Aug 23, 2024 Hindalco Industries, a flagship company of the Aditya Birla Group, has come......
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STL, Netomnia to Develop Full-Fibre Network in UK

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STL extends its 5-year partnership with Netomnia to build ultra-fast broadband networks in the UK, reach 2 million homes by 2025. Aug 7, 2024   Leading optical and digital solutions company STL has announced extension of its partnership with Netomnia, one of the fastest-growing network operators in the UK. STL has......
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Power Grid Plans Subsea Interconnection with Middle East Worth INR 40,000 Crore

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Power Grid is holding discussions with Oman, Saudi Arabia and the UAE for interconnection projects. It has a ’pulling station’ near the Arabian Sea in Gujarat’s Bhuj, which will be connected with a similar station on the shores of a Middle East country.  Aug 5, 2024 State-owned Power Grid is......
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Construction Works Start on 8700-km Medusa Submarine Cable System

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The Medusa Submarine Cable System is an 8700-km-long undersea fiber optic system connecting the eastern and western Mediterranean to the Atlantic Ocean, creating a new corridor from Asia to the Atlantic. Jul 17, 2024 Alcatel Submarine Networks (ASN), Elettra Tlc, Medusa and Orange have announced the coming into force of......
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Grid Telecom, Dawiyat Integrated to Connect Greece with Saudi Arabia

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The new cable system will connect the Kingdom of Saudi Arabia with the Island of Crete, extending westwards to major destinations in Europe and eastwards to the entire Arabian Peninsula. The project aims to transform both Greece and Saudi Arabia into critical energy & data hubs of high geopolitical value,......
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STL Introduces Optical Connectivity Portfolio for the US Market

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Armed with the ability to deliver both advanced optical fiber cable and optical connectivity products, STL aims to deliver robust, integrated capabilities tailored to the US customers for their FTTx needs. Aug 6, 2024  STL, a leading optical and digital solutions company, has announced the expansion of its optical networking......
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