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NKT Wins Order to Connect Large Danish Solar Farm to The Power Grid

wirecableMay 14, 2020

May 14, 2020

The Danish utility N1 is preparing to connect the Danish solar farm Vandel III to the power grid to support the transition to renewable energy. NKT has won the order of approximately 135 km of high-voltage power cables to reinforce the local power grid to ensure efficient distribution. May 14,......

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Power Discoms to Receive INR 90000 Crore Liquidity Support to Fight Covid-19 Crisis

wirecableMay 14, 2020

May 14, 2020

This one-time time liquidity infusion will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators. May 14, 2020 As part of its strategy to bring India’s battered economy back on track, the government will provide INR 90000 crore liquidity......

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Wires Role in Manufacturing COVID-19 Testing Kit and Ventilator

wirecableMay 14, 2020May 14, 2020

May 14, 2020May 14, 2020

The Meerut-based Maheshwari Wires Private Limited has been serving all tool room center in India for the development of testing kit to be supplied for coronavirus diagnosis. April 22, 2020 The Indian Council of Medical Research has instructed to engage tool room and other industries to manufacture testing kit, ventilators,......

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Hyderabad’s Durgam Cheruvu Cable Bridge in Last Stage of Construction

wirecableMay 14, 2020

May 14, 2020

Works on Hyderabad’s first cable-stayed bridge at Durgam Cheruvu are in the last lap and it would be thrown open on July 30 for public. May 12, 2020 Works on Hyderabad’s first cable-stayed bridge at Durgam Cheruvu are in the last lap and it would be thrown open on July......

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STL Slows Down Rs 300 Crore Expansion of Cable Manufacturing Units

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

The expansion, which was slated to begin in June this year, will now start around March 2021, when there is greater clarity on the business environment, Sterlite Technologies Group CEO Anand Agarwal. May 11, 2020 Data network solutions provider Sterlite Technologies has said it will go slow on the proposed......

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DoT to Defer 5G Sale, Will Auction Only 4G in 2020

wirecableMay 13, 2020

May 13, 2020

Digital Communications Commission, DoT’s highest decision-making body, has recently discussed auctions. While Reliance Jio hasn’t publicly backed a move to delay 5G auctions, all three operators have said the base price, Rs 492 crore a unit, was too high and wouldn’t attract bids. May 13, 2020 As reported in a......

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L-com Expands Fiber Product Offering With New Bulk Fiber Cables

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

The company has launched new products in its stock of bulk fiber cable line. May 7, 2020 The US-based L-com has expanded its in stock offering of bulk fiber cable and fiber connectors to address high speed voice, video and data networking applications. L-com’s new bulk fiber cable line consists......

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STL Records Highest Ever Revenue at INR 5154 crore, Strengthens Mid-To-Long Term Outlook

wirecableMay 13, 2020

May 13, 2020

All the industries around the globe witnessed uncertainty and sluggish growth, however, STL continued to perform and grow its revenue by delivering end-to-end data network solutions. May 12, 2020 Sterlite Technologies has announced the consolidated financial results for its fourth quarter and financial year ending March 31, 2020. The Company......

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Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

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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Tramev Restarts the Engines

wirecableMay 12, 2020May 12, 2020

May 12, 2020May 12, 2020

The COVID-19 pandemic has severely affected all industrial sectors and in particular the steel sector across the world, forcing the industries to shut down. May 4, 2020 The Italy-based manufacturer of wire and cable shears, drawing lines, unwanders and supplier of machines for wire industry – Tramev has resumed the......