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LS Cable & System to Invest USD 26.9 million in its Tarboro Facility in North Carolina, USA

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The planned expansion of the Tarboro facility of LS Cable & System is to take place in the next three years. May 14, 2022 LS Cable & System U.S.A. Inc., the subsidiary of South Korea-headquartered firm, will invest USD 26.9 million in its Tarboro plant in Edgecombe County, North Carolina,......
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NKT Starts Cable Production for SuedLink

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TenneT is responsible for the northern section of the route and TransnetBW will oversee the southern section of the cable route. The production of the cable system has been started at the NKT plant in Karlskrona, Sweden. May 7, 2022 NKT A/S has started the production of the 525 kV......
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India and Maldives to Set Up a Transmission Interconnection for Renewable Energy

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Union Minister of Power, Government of India Shri R. K. Singh and Minister of Environment, Climate Change and Technology, Republic of Maldives Ms. Aminath Shauna – have suggested two MoUs – on energy cooperation and on transmission interconnection for renewable energy under OSOWOG. May 7, 2022 India and Maldives are......
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Hitachi Energy India Wins an Order of INR 160 Crore for Modernising the Grid of Madhya Pradesh

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Under the MP Power Transmission Package-II, Hitachi Energy will undertake the modernisation of over 1000 km of overhead lines across nine rural districts of Madhya Pradesh. May 7, 2022 Hitachi Energy India Ltd. has announced that it has won a project worth INR 160 crore from MP Power Transmission Package-II.......
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HFCL Completes Broadband Connectivity in Gram Panchayats in Jharkhand for BharatNet Project

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After the completion of the OFC laying by HFCL, Jharkhand has become the first state in the country to provide broadband connectivity in all gram panchayats. The company has also deployed 7,869 km of OFC network which links 3,209 gram panchayats, with the GPON network in Punjab. May 6, 2022......
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Govt Approves INR 1.6 lakh crore to Reform the Power Discoms in 12 States and J&K

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Within the 1.6 lakh crore assistance given to power discoms, INR 88,000 crore will be used for installing smart meters, and INR 75,000 crore for reducing line losses, and developing institutional capabilities. May 5, 2022 The Government of India has sanctioned over INR 1.6 lakh crore for 12 Indian states......
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Sterlite Power Acquires a 64.98 Percent stake in MTCIL for OPGW Fibre Network in Maharashtra

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Acquiring an equity stake in MTCIL is in tandem with Sterlite Power’s strategy to establish a strong OPGW fiber network utilising overhead Right-of-way of power utilities across the country. May 2, 2022 Sterlite Power, the leading integrated power transmission developer, has acquired a 64.98 percent stake in Maharashtra Transmission Communication......
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Nexans Wins a EUR 6 million Contract in Italy with ERG’s Wind Power Project in Sicily

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Nexans’ ULTRACKER offer is a suite of solutions ensuring supply chain continuity based on the Internet of Things (IoT), enhanced artificial intelligence, and cloud services. It will be implemented for the first time in Italy with ERG. May 2, 2022 France-headquartered Nexans won a EUR 6 million (~USD 6.32 million)......
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LS Electric to Kickstart its EV Charging Business

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LS Electric’s expertise in cables for electric power supply and E1’s distribution network will provide the synergy needed for the Electric Vehicle charging business. May 2, 2022 South Korea-based LS Electric Co., Ltd. has added a subsidiary for the new electric vehicle (EV) charging business. The company announced that the......