Category : News

The company acquired KEC Bikaner Sikar Transmission Private Limited (KECBSTPL) at an enterprise value of around Rs. 227 cr. February 8, 2019 Adani Transmission has acquired KEC Bikaner Sikar Transmission Private Limited (KECBSTPL) having operational transmission lines aggregating 344 circuit km at an enterprise value of Rs. 227 crore. The......

The new power cable link will connect Deer Island, Campobello Island and Grand Manan Island to the mainland power grid in the Canadian province. February 11, 2019 Prysmian has been awarded with a new contract worth EUR 17 million by New Brunswick Power Corporation (NB Power), the largest electric utility......

The company has expanded its connected drum services to the new international markets including Germany, UK, Switzerland and Chile. February 12, 2019 Nexans has expanded its innovative connected drums service to new international markets, including the UK, Switzerland, Germany and Chile, building on its success in France and Belgium. The......

Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Ltd (MTCIL) has given Indefeasible Right of Use (IRU) to the public sector entity to use Kalwa to Padgha fiber network for 15 years. February 28, 2019 Sterlite Power has announced a first large contract for......

The company is planning to shut down its Hannover land high voltage (LHV) plant in Germany in response to weak European demand. February 27, 2019 There is no set timeframe for the shutdown as Nexans is in talks with the unions on the restructuring and the consultation process is expected......

The Union Budget 2019 also proposes an increased duty on alloy steel and wire of other alloy steel to 7.5 percent. July 6, 2019 The government has proposed to increase customs duty on stainless steel products by 2.5 per cent to 7.5 per cent. The current customs duty on stainless......

The 2400m2 accommodation complex in Dubai has been built as part of Ducab’s 40th anniversary celebrations. July 8, 2019 Ducab, one of the UAE’s largest manufacturing businesses, has officially opened its new employee accommodation – a stunning residential complex covering 2400 square meters in Jebel Ali, built at a cost......

The Mario Frigerio brand belongs to the wire & rope machinery division and is considered the market leader in stranding and closing lines for wire ropes. July 9, 2019 Mario Frigerio, the wire & rope machinery division of MFL Group has successfully installed two separate lines for induction tempered wire......

Manufactured in accordance to a high mechanical standard, Radyne spring wire lines will be delivered to the automotive industry in India. June 1, 2019 To further strengthen its position in the market place, Inductotherm Heating & Welding Limited has secured an order in India for its established Radyne spring wire......

The commercial production for the said order is expected to commence from August and is to be executed within the current financial year as per the schedule. June 21, 2019 Cords Cable Industries Limited has been awarded prestigious orders for supply of control, power and earthing cables to be used......