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Telecom Group Seeks Termination of China’s Fiberhome Purchase Order by PowerGrid

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PowerGrid telecom network is being used by various government agencies such as the National Informatics Centre (NIC), Intelligence Bureau (IB), and Defence Research and Development Organisation (DRDO) for transmission of critical data and information, as mentioned by the Telecom group in a letter raising doubts over Chinese company. May 6,......
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Primetals Technologies Sells Steel Rod Mill to HBIS Shijiazhuang Iron & Steel Co. Ltd.

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The new plant will provide improved tolerance and mechanical properties for high-quality carbon steel products. April 6, 2020 To comply with environmental regulations and improve production, HBIS Shijiazhuang Iron & Steel Co. Ltd. has signed a contract with Primetals Technologies for a new steel rod mill in Shijiazhuang, Hebei Province,......
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New Prototype Launched by Strategic Partnership Between Cimteq and AESA Cortaillod

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The partnership between Cimteq and AESA Cortaillod will provide customers with the combined skills, knowledge and products to provide a complete integrated solution. March 30, 2020 Strategic partners, cable industry experts Cimteq and AESA Cortaillod, have announced the launch of a new prototype which integrates Cimteq’s cable design software, CableBuilder,......
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Sterlite Technologies Reopens Manufacturing Units in China, Europe and India

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Sterlite Technologies Limited aims to fulfill an order book worth Rs 10,000 crore by the end of FY2020. May 3, 2020 Pune-based Sterlite Technologies Limited (STL), an optic fibre maker has restarted its manufacturing operations in China, Europe and India, following a shutdown due to novel Coronavirus  outbreak, and the......
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Motherson Sumi Explores for New Acquisition Prospects at Low Valuations

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Motherson Sumi Systems (MSSL), the leading global automotive component manufacturing company, has announced its preparedness to tackle the Covid-19 impact, and is exploring growth opportunities that lie ahead. April 17, 2020 According to the media reports, Motherson Sumi has taken a holistic approach to protect the interest of various stakeholders......
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Sterlite Power Commissions 765KV Khandwa Substation in Madhya Pradesh

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Sterlite Power won the INR 1370 Cr Khargone Transmission project in 2015 through tariff-based competitive bidding process and is executing it under the Build, Own, Operate and Maintain (BOOM) model. April 29, 2020 Sterlite Power, a leading global power transmission player, commissions the 765kV Khandwa substation in Madhya Pradesh, which......
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Prysmian Group Announces World’s First 180µm Fiber Cable for FTTx and 5G Networks

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With these cables, Prysmian Group continues to prove that it truly is a global manufacturer that leverages on its worldwide knowledge and capabilities. April 27, 2020 Prysmian Group has launched the world’s first commercially available 180µm fiber cable. Further to previous announcements for BendBrightXS 180µm fiber and Sirocco HD cables,......
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Larsen & Toubro Wins Significant Contracts for Power Transmission and Distribution

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Though the company did not mention the value of the contracts, a ‘significant’ contract ranges between INR 1000 crore and INR 2500 crore as per its specification. April 20, 2020 Engineering and construction giant Larsen & Toubro (L&T) has won ‘significant’ power transmission and distribution contracts in India and abroad.......
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