LS Cable Develops New Optical Cable Capable of Preventing Hacking

wirecableNovember 5, 2020November 5, 2020

November 5, 2020November 5, 2020

LS Cable has diversified its cable production to meet the needs of various industries. November 5, 2020 LS Cable & System has developed a new optical cable capable of preventing hacking by using a special optical fiber and strengthened coating that fundamentally blocks information leakage. An optical cable transmits information......

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Sterlite Technologies to fast track capacity augmentation, mulls expansion in two phases

wirecableNovember 4, 2020November 5, 2020

November 4, 2020November 5, 2020

The expansion plans have been galvanised by demand recovery in company’s major markets, reflected in its order book which increased to Rs 10,705 crore in July-September quarter. October 25, 2020 Data network solutions provider Sterlite Technologies has decided to “fast track” its planned augmentation of optical fibre cable capacity, buoyed......

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Nitya Electro starts production at Greater Noida plant

wirecableNovember 4, 2020November 17, 2020

November 4, 2020November 17, 2020

The company will manufacture German technology-based house wires, multicore cables, specialty cables, LT Power cables at the plant. October 27, 2020 Nitya Electro Controls Group has started production at its wires and cables manufacturing plant at Greater Noida in Uttar Pradesh. The company also announced roping in Bollywood actor Nawazuddin......

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Lafayette Acquires Elevator Cable Business GEBA CABLE in Carve-out From Griller & Gebaue

wirecableNovember 4, 2020November 4, 2020

November 4, 2020November 4, 2020

GG Group (Gebauer & Griller) is strengthening its strategic orientation by de-merging and selling its Elevator Division Geba Cables to mid-cap Investor Lafayette Mittelstand Capital. October 10, 2020 The sold division of Griller & Gebaue consists of a sales unit in Vienna and two production sites in Veľké Leváre, Slovakia......

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Sterlite Technologies to Acquire Italy’s Optotec for EUR 29 Million

wirecableNovember 3, 2020November 3, 2020

November 3, 2020November 3, 2020

The acquisition will create a solid springboard to offer a complete bouquet of solutions to customers across Europe, India and the Middle East. November 2, 2020 Sterlite Technologies (STL) has announced the signing of definitive agreements to acquire Optotec S.p.A, a leading Optical Interconnect Products Company based in Italy. Optotec,......

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BharatNet Initiative Will Put India Among the Top Nations in Fixed Broadband – Mukesh Ambani

wirecableNovember 2, 2020November 2, 2020

November 2, 2020November 2, 2020

The virtual summit organized in association with NITI Aayog, is part of the government’s continuing support to tech entrepreneurs and startups by providing exposure, recognition, and guidance. It also witnessed a discussion on the importance of AI and the ways it could be used in key sectors like healthcare, agriculture,......

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NKT to Develop Prototype for World’s Longest Superconducting Power Cable

wirecableOctober 31, 2020November 5, 2020

October 31, 2020November 5, 2020

Stadtwerke München Infrastrukur has now started the first stage of the development of project “SuperLink” which will be the longest superconducting cable line when finalized. NKT is one of the key partners in the development phase of the innovative project. October 28, 2020 With a green light to kick off......

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Dubai to Spend USD 23 Billion on Electricity Sector in Next Five Years

wirecableOctober 31, 2020November 2, 2020

October 31, 2020November 2, 2020

Dubai Electricity & Water Authority (DEWA) will spend USD 23 billion on energy projects over the next five years, with renewables accounting for a growing share of electricity output. October 28, 2020 Dubai’s electricity sector will require total investment of AED 86 Billion (USD 23 billion) over the next five......

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Polycab India Reports Healthy Performance, Gains 14 Percent Rise in Q2 PAT

wirecableOctober 31, 2020October 31, 2020

October 31, 2020October 31, 2020

Polycab has reported stronger than expected numbers led by healthy revival in domestic B2C segment and exports. October 24, 2020 Polycab India Limited has announced its consolidated results for the second quarter and first half ended September 30, 2020. Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited,......

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Ducab HV Secures Cabling Contract for MBR Solar Park Phase 5 Project at WETEX 2020

wirecableOctober 28, 2020October 28, 2020

October 28, 2020October 28, 2020

Renewable energy is a focus of governments throughout the Middle East as they seek to move away from hydrocarbon reliance and develop more diverse energy grids. Customized cabling is thus in high demand for projects that seek to harness the power of solar, wind, and nuclear energy. October 27, 2020......