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......

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Prysmian: The Road Ahead

wirecableMay 25, 2020October 5, 2020

May 25, 2020October 5, 2020

The COVID-19 crisis will encourage many industries to use more Artificial Intelligence to increase safety and improve productivity. In an interview given to Wire & Cable India, Mr. Benoit Lecuyer talks about the contingency plans the industry is making to handle the coronavirus crisis. Excerpts. Wire & Cable India: According......

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KEC International Bags T&D Orders Worth INR 1203 Crore

wirecableMay 24, 2020May 26, 2020

May 24, 2020May 26, 2020

Infrastructure firm KEC International has bagged orders worth INR 1,203 crore across various businesses. May 19, 2020 RPG Group company’s power transmission and distribution segment – its T&D business and SAE Towers have secured orders worth INR 917 crore for transmission and distribution (T&D) projects in India, Bangladesh, Africa and......

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ICRA Revises Steel Industry Outlook to Negative, Estimates Demand Fall by 20 Percent in FY21

wirecableMay 21, 2020May 21, 2020

May 21, 2020May 21, 2020

According to official data, India consumed 100 million tonnes of steel during financial year ended March 2020. May 19, 2020 Rating agency ICRA has revised steel industry outlook to negative from stable as back-to-back extensions of lockdown is likely to result in a severe steel demand slowdown which is estimated......

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World’s Longest Suspension Bridge Will Connect Europe and Asia

wirecableMay 20, 2020

May 20, 2020

Scheduled to open in 2023, the Canakkale 1915 bridge will be a steel-built infrastructure first, spanning the Dardanelles strait that separates the European and Asian continents. April 20, 2020 As the Turkish government undertakes an ambitious infrastructure investment programme, parts of the country are being transformed by new mega tunnels......

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Sumitomo Electric Secures EUR 500 Million Corridor A-Nord High Voltage DC Underground Cable Project

wirecableMay 19, 2020May 19, 2020

May 19, 2020May 19, 2020

SEI has been leading the international power cable industry with its own-developed HVDC XLPE insulation technology. May 11, 2020 Sumitomo Electric Industries, Ltd., with the support of its technology partner, Südkabel GmbH, will deliver the highest voltage 525kV XLPE Insulated HVDC underground cable system for German Corridor Project to supply......

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Prysmian Secures Over EUR 500 Million Contract for A-Nord Power Cable Link in Germany

wirecableMay 18, 2020

May 18, 2020

Prysmian will deliver a fully qualified ±525 kV high voltage DC (Direct Current) cable system consisting of copper cables, insulated with their own proprietary P-Laser technology. May 11, 2020 Prysmian Group has been awarded a contract by Amprion GmbH, the German grid operator, for the A-Nord underground cable connection, part......

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NKT Awarded Major Share of SuedOstLink HVDC Corridor Projects in Germany

wirecableMay 18, 2020

May 18, 2020

NKT has been awarded a large turnkey contract of approx. EUR 500 million by the German transmission system operator 50Hertz. May 5, 2020 The contract comprises supply and installation of 525 kV XLPE high-voltage DC (direct current) onshore cable solution for a significant portion of the SuedOstLink transmission line in......

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Viraj Profiles Offers Employment for Family Members of Frontline Corona Warriors

wirecableMay 15, 2020May 15, 2020

May 15, 2020May 15, 2020

Viraj Profiles Limited is a leading global stainless-steel producer with integrated manufacturing facilities, located at Tarapur, Maharashtra. Viraj exports its stainless-steel products (wires, wire rods, welding wires, flanges, fasteners, bright bars and profiles) to more than 92 countries spread over 6 continents. April 28, 2020 Viraj Profiles has announced a......