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STL Bolsters Presence in the MEA Region to Deliver on a USD 100 Mn Project

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STL recently set up a Centre of Excellence in Dubai, which will integrate R&D, product development, and operations to cater to the unique needs of the region. November 18, 2021 Sterlite Technologies Limited (STL) has announced key initiatives to strengthen its presence in the Middle East, Africa (MEA) region by......
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Internet Connectivity to be Get a Boost in 3,195 Gram Panchayats in Jammu & Kashmir

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On assessing the implementation of the Bharat broadband scheme in the rural areas of Jammu & Kashmir, it came to light that 408 gram panchayats and 14 block headquarters have been equipped with internet connection through optical fibre cable (OFC) and 658 gram panchayats are VSAT-enabled. November 17, 2021 Within......
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Tata Projects Wins a 400kV Transmission Project of USD 120 million in Bangladesh

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Presently, India has trans-national power grid links with Bhutan, Nepal, and Bangladesh. November 16, 2021 Tata Projects Limited has received an order for a 400kV double circuit transmission line project valued at around USD 120 million (around INR 900 crores) from the Power Grid Company of Bangladesh Limited (PGCB). Tata......
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Delhi Government Approves Conversion of Bare Wires of Over 2,264 km into Insulated Cables

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As a part of this move, the bare conductor network in Delhi will be transformed into insulated network by TPDDL, BYPL and BRPL. Presently, the power department has a policy on shifting HT and LT power transmission lines which are life-threatening. November 12, 2021 With the key objective of safety......
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Suprajit Engineering to Acquire LDC Unit of Kongsberg Automotive for USD 42 million

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The LDC unit of Kongsberg Automotive Group consists of the cable business which is catering to segments like automotive, non-automotive, and two-wheelers in addition to Electro-Mechanical Actuators. The acqusition is expected to be concluded by the end of January 2022. November 11, 2021 Bengaluru-based automotive component supplier Suprajit Engineering has......
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India and UK to Connect World’s Green Power Grids

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The “Green Grids Initiative” at the COP26 climate talks held in Glasgow, Scotland, has been supported by more than 80 nations across the world. November 11, 2021 Britain and India have come up with a roadmap to enhance the connections between the world’s electricity power grids. This will accelerate the......
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Ministry of Commerce to Continue with Anti-Dumping Duty on Steel Imports

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DGTR has recommended continuation of anti-dumping duty for five years on certain steel imports from substandard quality inbound shipments from China. November 11, 2021 With an approach of trade protectionism, the Ministry of Commerce’s arm – Directorate General of Trade Remedies (DGTR) has advised the continuation of anti-dumping duty for......
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Hawaiki Subsea Cable Network to Connect Singapore, Australia, and the USA

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The intercontinental subsea cable network, with a design capacity of 240 TBPS, spans across 22,000 km connecting Southeast Asia, Australasia, and North America. The project is expected to get completed in 2025. November 11, 2021 Hawaiki Submarine Cable is going to build a new subsea cable network which will cover......
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Hindalco Industries to Acquire Ryker Base for INR 323 Crore

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The acquisition will strengthen Hindalco’s copper rod capacity along with providing the “time-to-market” advantage. November 11, 2021 Aditya Birla Group-owned Hindalco Industries has announced to acquire 100 percent equity in Polycab India’s wholly-owned subsidiary – Ryker Base for an enterprise value of INR 323 crore. In a regulatory filing submitted......
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Sumitomo Electric Delivers Power and Communication Cables for Thai Commuter Railway Red Line

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In this project, Sumitomo Electric was awarded for the supply of a wide range of products including contact wires, stranded hard-drawn copper wires, power cables (Low Voltage and Medium Voltage), and other various cables. November 09, 2021 Sumitomo Electric Industries, Ltd. has received an order from Mitsubishi Heavy Industries, Ltd.......
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