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Power Generation Companies to Gain From Discom’s Revival: Union Budget 2021

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The USD 41 billion plan intends to trim electricity losses, gradually narrow discoms’ cost-revenue gap, improve the reliability and quality of power supply, and promote more sustainable competition. February 2, 2021 The Government of India’s plan to improve the operations and finances of state-owned distribution companies (discoms), the weakest link......
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India Plans USD 41 Billion Reform to Revive Ailing Power Utilities

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The Government of India is planning to revive regional electricity retailers. The announcement is likely to be made on February 1, 2021 as part of the government’s budget for the year starting April 1. January 29, 2021 India plans to spend around INR 3 lakh crore (USD 41 billion) on......
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Maharashtra’s New Renewable Energy Policy to Attract INR 75000 Crore Investments

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Maharashtra’s ambitious target to implement 17,000 MW of renewable power projects in the next 5 years is expected to bring in newer opportunities and drive the demand for wires and cables. January 29, 2021 Addressing an interactive session with the CEOs of renewable energy and power companies organized by FICCI,......
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Prysmian Sets New Speed Record of 1 Petabit Per Second in Optical Fibre Data Transmission

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The experiment combines highly spectral efficient wideband optical transmission with an optical fibre guiding 15 spatial modes and the use of specific mode multiplexers. The total capacity of the network has been 1 Petabit per second, corresponding to simultaneous 8K-TV broadcasting for 10 million people. January 19, 2021 Prysmian Group,......
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Prysmian’s Flagship Energy Transition Cable Plant to Become Group’s First Net-Zero Factory

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Prysmian Group is taking a step forward on its path to improve the sustainability of its operations, by making its Finland submarine, high- and medium-voltage cable plant, the company’s excellence centre also for green energy consumption. January 26, 2021 The Pikkala plant is strategic for the Prysmian Group because it......
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18 Firms Show Interest in Chandigarh Power Distribution

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At least 18 firms have so far evinced interest in privatization of electricity distribution in Chandigarh. January 22, 2021 Becoming the first Union Territory to offer its power distribution company for complete privatization, Chandigarh had earlier issued a tender inviting bids for the same. Privatization of DISCOMs was part of......
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Crosslake Fibre Selects Hexatronic for New Submarine Cable Project

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Crosslake Fibre took another step forward in its latest cable project — a system across the English Channel that will connect Slough, UK and Paris, France with dark fibre. December 22, 2020 Crosslake Fibre has selected Hexatronic Cables & Interconnect Systems AB of Sweden to supply the high-fibre-count submarine fibre......
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Indian Railways Plans to Save INR 14,500 Crore Yearly With 100 Percent Electrification

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Indian railway’s ambitious target to achieve complete electrification of its entire broad gauge network by 2023 is expected to bring in newer opportunities and drive the demand for wires and cables. December 27, 2020 The Indian Railways is working on an ambitious plan to achieve 100 percent electrification of its......
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Power Grid Signs Pact With HPSEBL to Boost Telecom Network in Hilly Areas

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Due to rough weather conditions, landslides and difficult terrains, the state has been facing limited telecom network reach. January 20, 2021 Power Grid Corporation of India Limited has signed an agreement with Himachal Pradesh State Electricity Board Limited (HPSEBL) for the utilization of 500 km of OPGW telecom network —......
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Sumitomo Electric Secures Submarine Cable System Contract in Alaska

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This SEAPA project was awarded to Sumitomo Electric through a competitive evaluation bidding process for outstanding quality, reliable track record and sound proposal based on its extensive knowledge as a submarine cable manufacturer and contractor. January 18, 2021 Sumitomo Electric Industries, Ltd. has been awarded a contract for the Stikine......
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