News Transmission, Distribution & Infrastructure

Haryana Dedicates National Transmission Asset Management Centre of Powergrid to the Nation

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

The NTAMC project will strengthen the monitoring the entire grid system of the country April 29, 2015 Shri Manohar Lal Khattar, Chief Minister of Haryana, dedicated the National Transmission Asset Management Centre (NTAMC) of POWERGRID to the nation in Manesar, Haryana. The function was presided over by Shri Piyush Goyal,......

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Telangana to Invest Rs. 45,000 Cr. in Power Sector in Next 5 Years

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

The financial assistance under IPDS and DDUGJY schemes announced by GoI,would help Telangana April 10, 2015 Government of Telangana is committed to provide 24 x 7 supply to rural and urban consumers in the state which is a key factor to promote rural industries and to improve the economic status......

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More Than 1 Trillion Units of Power Generation in FY15

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

Focus is now more on transmission and distribution sector April 15, 2015 Total power generation in the country crossed one trillion units for the first time last fiscal. Power generation in 2014-15 was 1048.403 billion units, 8.4 percent more than the previous year, the power ministry in a statement on......

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Govt. Plans to Revive Gas Based Power Generation

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

Revival of gas-based power capacity may save USD 16 bn worth of investments for India: Moody’s March 30, 2015 The government’s latest plan to revive the stranded gas-based power generation capacity through imports will help save $16 billion worth of investments and banks including IDBI, State Bank of India (SBI)......

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PFC Aims to Muster Rs. 60,000 Cr. In FY16

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

PFC has healthy capitalization levels, diversified resource profile Apr 21, 2015 State-owned Power Finance Corporation (PFC) plans to raise up to Rs. 60,000 crore through short- and long-term borrowings in the current financial year to primarily meet the funding requirements of power sector units and projects. It disbursed approximately Rs.......

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Saudi’s Power Sect to See USD100 Billion by 2020

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

The private sector’s involvement in power generation to increase from 7.4 percent to over 17 percent by 2020 March 10, 2015 Saudi Arabia is set to make an investment worth USD100 billion in the power sector by the year of 2020, according to reports. The Middle East power cables market......

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Target of 1,000 Units Per Capita Electricity Consumption for 2014-15

wirecableMay 28, 2015June 22, 2015

May 28, 2015June 22, 2015

USD 250 billion investment target for the power sector in next 4-5 years March 9, 2015 Replying to a question in the Rjya Sabha, Power and Coal Minister Piyush Goyal said a target of 1,000 units per capita electricity consumption has been set for the year 2014-15 compared to 957......

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India Replaces US as Third Largest Steel Producer

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

March 22, 2015 With a production of 14.56 million tonnes (MT) in first two months of the year, India has overtaken the US to become the third-largest steel producer in the world. India has been the fourth-largest steel producer for the past five years, behind China, Japan and the US.......

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KEC International Wins Orders of Rs. 1412 Crore

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

December 31, 2014 KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group company has secured new orders of Rs. 1412 crore in its Transmission & Distribution and Cables businesses. In this business, the company has secured orders in India, Africa and the Americas amounting to Rs. 1128......

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India Optical Fiber Cables (OFC) Market to Reach USD 424 Million by 2020

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 19, 2015 The OFC market in India is projected to reach USD 424 million by 2020 on account of growing adoption of smartphones, broadband services, and upcoming 4G rollout, says a report by TechSci Research. Indian consumers are increasingly shifting towards internet driven applications such as video on demand,......