Wire and Cable Industry News - Wire & Cable India
April 26, 2024

Wire & Cable India

Category : News

News

Rs. 500,000 crore investment in power generation by FY 17: Power Minister

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May 5, 2013 Confident of resolving woes of the power sector, Union Minister Jyotiraditya Scindia says that the country’s electricity generation capacity will leapfrog to nearly 315 gigawatts by fiscal year 2016-17 with an estimated investment of about Rs. 500,000 crore. “Investments are already on stream. All we need to......
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Gas price to hit power sector by Rs. 46,360 crore per annum

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June 5, 2013 Petroleum Ministry’s proposal to raise natural gas prices by at least 60 percent will result in more than doubling of electricity tariff and a whopping Rs. 46,360 crore per annum impact on power plants. The Ministry in a note to the Cabinet Committee on Economic Affairs (CCEA)......
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NMDC selects IL&FS Energy as JV partner for power foray

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June 30, 2013 State-owned iron ore miner NMDC has decided to rope in IL&FS Energy Development Company as joint venture partner for setting up a 500-MW thermal power plant in Uttar Pradesh with an estimated investment of Rs 2,000 crore. IL&FS will have 74 per cent stake in the venture......
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Privatization of power distribution in 12 towns in Bihar

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May 9, 2013 The Bihar state government has initiated the privatization of power distribution network in 12 cities and awarded the contract for Bhagalpur and Muzaffarpur. State Energy Secretary – Sandeep Poundrik made this announcement at the daylong conference on “Powering Bihar: approaches to distribution reforms”. Talking about Patna, Poundrik......
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Plea against Rs. 15,000 crore transmission project in Uttar Pradesh

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May 8, 2013 The UP Rajya Vidyut Upbhokta Parishad petitioned the UP Electricity Regulatory Commission (UPERC) seeking cancellation of license granted to the Spanish company Isolux Corsan for executing the ambitious Rs. 15,000-crore transmission project in the state. Notably, the company finds itself embroiled in a controversy over proposed installation......
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Sterlite Technologies’ net revenues grow to Rs. 3,354 crores in FY 13

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April 26, 2013 Sterlite Technologies Limited announced its results for the quarter and fiscal year ended March 31, 2013. Financial highlights for FY 13 Revenue growth of 23% from Rs. 2,727 croes in FY 12 to Rs. 3,354 crores in FY 13. Highest volumes for all businesses including both power......
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Energy Saving – Carbon Flyer Bows For Buncher

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April 30, 2013 Kamatics introduced a composite carbon flyer bow, which is a new innovative solution for wire processing. The backbone bow is designed to incorporate all the positive features of an enclosed bow without any of the negative associated with operating a tube or totally enclosed flyer bow. The......
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KEC International’s Cables facility at Vadodara, Gujarat receives IGBC Green Factory ‘Platinum’ Certification

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First Cables factory in India to receive this Certification April 23, 2013 KEC International Ltd announced that its green-field cables manufacturing facility in Vadodara (Gujarat), has been awarded the prestigious ‘Platinum’ certification by the Indian Green Building Council (IGBC) formed by CII. The IGBC Green Factory certification system recognizes significant efforts......
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Cords Cable gets Rs. 8 crores order from Leighton Welspun Contractors

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April 11, 2013 Cords Cable Industries Ltd. said that it has secured two significant orders from its client, Leighton Welspun Contractors, which is a part of USD 23 billion Australia-based Leighton Holdings. The two new orders, aggregating to over Rs. 8 crores, will require Cords Cable to supply instrumentation cables......
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