Wire and Cable Industry News - Wire & Cable India
Wire & Cable India

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ADB to Provide USD 100 Million Loan to Boost Power Supply in Bengaluru

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Over 2,800 km of optical fibre cables will be installed to strengthen communication network. Moreover, moving about 7,200 km of distribution lines underground will help reduce technical and commercial losses by about 30 percent. January 4, 2021 The Asian Development Bank (ADB) will provide a USD 100 million (around INR......
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Sterlite to Invest Rs 300 crore for Fibre Capacity Expansion

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The company is planning to invest to increase its capacity for optical fiber cables from 18 million to 33 million fibre kilometres as many telecom service providers have enhanced investments in digital network infrastructure. December 30, 2020 Sterlite Technologies Limited (STL) has announced its plan to spend Rs 300 crore......
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Sterlite Power partners with AMP Capital to start 1800 km of Transmission Lines

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For power transmission projects entailing an investment of USD 1 billion, Sterlite Power Transmission Ltd has announced its association with global investment manager AMP Capital. December 30, 2020 With the plan to develop energy transmission projects in India, Sterlite Power and global investment manager AMP Capital has formed a partnership,......
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Maillefer Expanding in India, Introduces Local Manufacturing

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Maillefer strengthens its support and presence in India by introducing local manufacturing and supply of brand name technology destined to low voltage wire & cable manufacturers within the region. December 29, 2020 The Indian subcontinent is long term seen as one of the fastest growing wire and cable markets in......
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Padanaplast Launches Cogegum® AFR 1809 UV — an Innovative HFFR Compound

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The new HFFR Compound has been developed to meet the demand of green products for wire and cable industry. November 15, 2020 Padanaplast, specializing in polyolefin compounds for use in wires and cables, pipes and fittings has launched Cogegum® AFR 1809 UV — a new HFFR grade to answer the......
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Nexans Umbilicals to Play Vital Role in Senegal’s First Offshore Oil Development

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Nexans’ Halden facility will provide both static and dynamic umbilicals for each phase of the project, with deliveries commencing in 2022. September 29, 2020 Nexans has signed a contract with Subsea 7 to design and manufacture 46km of umbilicals for the Sangomar field, offshore Senegal. The umbilicals, produced by Nexans’......
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Prysmian Signed Preferred Bidder Agreement for Sofia Offshore Wind Farm

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The finalization of the contract is subject to final negotiations and to the final investment decision by RWE of the project. November 17, 2020 Prysmian Group, world leader in the energy and telecom cable systems industry, has signed a preferred bidder agreement with RWE Renewables Sofia Offshore Wind Farm, the......
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Ola to Invest Rs 2400 Crore for World’s Largest E-Scooter Factory in Tamil Nadu

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The SoftBank-backed company is raring to launch the first of its range of highly anticipated e-scooters in the coming months. The new manufacturing plant will help take mobility into a more sustainable, accessible, and connected future. December 15, 2020 Ola, one of the world’s leading mobility platforms, has signed MoU......
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NBG Acquires Swiss Fibre Optics Specialist Solifos AG

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The NBG family continues to grow – with the acquisition of the Swiss fiber optics specialist Solifos AG. December 18, 2020 According to the reports, Mr. Karl Bauer, CEO & Managing Director, NBG Holding GmbH signed the takeover agreement for the Lower Austrian NBG Group on December 10, 2020. The......
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