NKT Completes Repair of the HVDC Interconnector Baltic Cable Within 29 Days

wirecableJune 11, 2020June 11, 2020

June 11, 2020June 11, 2020

NKT was awarded the contract to bring the 250 km 450kV HVDC power cable back in operation as fast as possible. June 11, 2020 NKT has finalized a turnkey offshore repair of the Baltic Cable connecting the power grids in Sweden and Germany after it was damaged due to external......

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Atmanirbhar Bharat: Homegrown Telecom Companies Eye Consortiums to Stay Competitive

wirecableJune 10, 2020

June 10, 2020

Domestic telecom gear makers are eyeing at opportunities to form consortiums worldwide to bring in the competitive edge on the back of Atmanirbhar Bharat (self-reliant India) initiative following novel Coronavirus outbreak, and Centre’s recent push for higher value-addition locally. June 9, 2020 Domestic telecom gear makers are eyeing at opportunities......

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Adani Green Hits New High on Bagging World’s Largest Solar Bid Worth USD 6 Billion

wirecableJune 10, 2020

June 10, 2020

The company has won the single largest solar development bid ever awarded, totaling 8 GW to be delivered over a period of 60 months. June 9, 2020 Shares of Adani Green Energy (AGEL) hit a new high of Rs. 312.75, up 5 percent on the BSE after the company said......

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Lämneå Bruk Launches Factory Acceptance Test in Times of Covid-19

wirecableJune 9, 2020June 9, 2020

June 9, 2020June 9, 2020

The company has launched an online Factory Acceptance Test (FAT) where the customers are dialed in live via video conference calls and can observe the test run of their machine. June 4, 2020 The Covid-19 pandemic has turned the whole world upside down and has had major impact on production......

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Polycab India Delivers Healthy Underlying Performance Across all Business Segments

wirecableJune 1, 2020October 31, 2020

June 1, 2020October 31, 2020

Polycab India Limited has announced its consolidated results for the fourth quarter and full year ended March 31 2020. May 30, 2020 Net profit of Polycab India rose 52.40% to Rs 213.94 crore in the quarter ended March 2020 as against Rs 140.38 crore during the previous quarter ended March......

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LS Cable & System Acquires International Certification for Photovoltaic Cables

wirecableMay 30, 2020June 5, 2020

May 30, 2020June 5, 2020

LS C&S’s DC 1500V photovoltaic cable meets the functional and safety standards of the IEC (International Electrotechnical Commission) and EN (European Norm). May 28, 2020 LS Cable & System has developed a photovoltaic cable that has received international standard certification from Germany’s TUV Rheinland, a global certification authority. TUV said......

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IndiGrid Inks Pact to Purchase Jhajjar KT Transco for INR 310 Crore

wirecableMay 30, 2020May 30, 2020

May 30, 2020May 30, 2020

The transaction is expected to be completed over the next few months. May 30, 2020 IndiGrid, a listed infrastructure investment trust (InvIT) for power transmission lines has executed share purchase agreement for the buyout of power transmission line operator Jhajjar KT Transco Pvt. Ltd., for about INR 310 crore, from......

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HFCL Bags Order Worth Rs 174.43 Crores for Supply of Optical Fibre Cables

wirecableMay 28, 2020

May 28, 2020

Domestic telecom gear maker HFCL has bagged orders for supply of optical fibre cables under Bharat Net Phase-II Programme. May 24, 2020 Himachal Futuristic Communications Limited has bagged order worth Rs 174.43cr from a Private Leading Integrator of data networks for the supply of Optical Fibre Cables (OFC). The company......

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Polycab India to Acquire 50% Stake in Ryker From Trafigura

wirecableMay 26, 2020July 15, 2020

May 26, 2020July 15, 2020

The transaction is subject to fulfillment of certain conditions by both parties. May 4, 2020 Cable and wire manufacturer Polycab India Limited (PIL) has inked an agreement with Trafigura Pte Ltd of Singapore to buy 50% stake in Ryker Base Private Limited (Ryker), thereby terminating the existing joint venture (JV). The......

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Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

wirecableMay 26, 2020October 5, 2020

May 26, 2020October 5, 2020

Reliance Infrastructure has hired KPMG to find buyers for its 51% stake each in BSES Rajdhani Power Ltd. (BRPL) and BSES Yamuna Power Ltd. (BYPL), the people said on condition of anonymity. May 12, 2020 At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP......