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Minesto Completes First Phase of Dragon 12 Offshore Installation in Vestmanna, Faroe Islands

wirecable
Minesto AB recently successfully completed the first phase of Dragon 12 offshore installation in Vestmanna, Faroe Islands. The cable was installed in a 22-hour operation, and the next steps for the D12 installation are seabed anchoring and kite installation. May 31, 2023 Ocean energy developer Minesto AB has completed the......
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NKT Bags Electric Grid Upgradation Turnkey Project in Stockholm Under 4-Year Agreement with Ellevio

wirecable
NKT has won a turnkey project for electric grid upgradation by Sweden-based Ellevio. The project will be based in the Stadshagen district, Stockholm area, and will be the first project under NKT and Ellevio’s four-year agreement. The Stadshagen project is scheduled to be ready by June 2024. May 30, 2023......
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Sidbi Sets up ‘Evolve’ Project to Finance 50,000 Electric Vehicles for MSMEs

wirecable
Sidbi is planning to finance nearly 50,000 EVs for MSMEs, collaborating with Niti Aayog for technical support, while financial assistance will be provided by World Bank, Korea-World Bank partnership facility and Korean economic development cooperation fund. All financing will be done under a new project called Evolve (Electric Vehicle Operations......
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Prysmian Group Invests EUR 120 Million at Finland Strategic Plant for Increased Production of 525 kV HVDC Submarine Cable Systems

wirecable
Prysmian Group recently invested nearly EUR 120 million towards its Finland-based strategic plant. The investment, aimed at increasing production capacity of 525 kV HVDC cable systems, will double Pikkala plant’s production capacity of 525 kV extruded submarine cables and 400 kV AC cables by 2026. This is the group’s second......
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Tata Power Renewable Energy Commissions 110-MW Solar Power Project in Rajasthan

wirecable
Tata Power Renewable Energy Limited has commissioned a 110 MW solar power project located in Bikaner, Rajasthan. The project, set to supply power to the Kerala State Electricity Board, is expected to generate nearly 211 million units and reduce nearly 2,58,257 metric tonne carbon footprint annually.  Jun 5, 2023 Tata......
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HFCL Further Increases Optical Fiber Manufacturing Capacity to 33.90 Million Fiber Km Per Annum

wirecable
India’s leading technology enterprise HFCL Limited is set to further expand the current capacity of its high-quality optical fiber manufacturing, from 10 million fiber km per annum to 33.90 million fiber km per annum. The capacity will be added in a phased manner, with the completion targeted by December 2024. ......
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Power Grid Separates Telecom Business into Subsidiary Targeting INR 1,000 Crore Revenue in FY24

wirecable
Power Grid Corp is ready to separate its telecom business into a subsidiary by June 2023. The new subsidiary will target a revenue of INR 1,000 crore in FY24. May 24, 2023 Power Grid Corp will separate its telecom business into a subsidiary by June 2023. The public company will......
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HFCL Bags INR 222 Crore Order from Reliance Jio

wirecable
HFCL Limited has bagged a purchase order totaling INR 222 crore from Reliance Jio and Reliance Projects & Property Management Services Limited to supply transmission equipment. May 23, 2023 Himachal Futuristic Communications (HFCL) Limited bagged an INR 222 crore order to supply transmission equipment from Reliance Jio and its sister......
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APAR Industries Focusing on Exports & Retail Market

wirecable
Powering a smarter world since 1958, APAR Industries has transformed into a billion dollar conglomerate leading the innovation and sustainability curve globally in its core businesses. Geared up to tackle the biggest challenges of the 21st century, APAR believes that with an innovation-first mindset, solutions that make anything possible can......
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KSH International Crosses INR 1000 Crore Turnover Mark

wirecable
Founded in 1981, KSH International Private Limited is the leading manufacturer of bare and insulated rectangular & round winding wires and transposed cables in India. With 3 manufacturing plants near Mumbai and Pune, the company is known for providing customized solutions and manufacturing products as per customers’ specific requirements. In......
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