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Power Grid Corporation Authorizes INR 4,071 Crore Investment for 2 Transmission Projects

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The Board of Power Grid Corporation, MoP owned company, has authorized a combined investment of INR 4,071 crore to set up two transmission projects, the Krunool Wind Energy Zone/Solar Energy Zone and Eastern Region Expansion Scheme-XXIX. March 07, 2023 Power Grid Corporation’s Board of Directors has approved an investment of......
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Sterlite Power Commissions Gujarat’s Largest 5000 MW Green Energy Corridor Project

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Leading power transmission company Sterlite Power recently announced the successful commissioning of Lakadia-Vadodara Transmission Project, Gujarat’s largest green energy corridor project. The project has an investment of INR 2,024 crore and will deliver more than 5000 MW of green and reliable power from the wind and solar energy zones of......
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Prysmian Group awarded two grid connection projects in the Netherlands worth EUR 1.8 billion by TenneT

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Energy and telecom cable systems industry leader Prysmian Group bagged contracts worth approximately EUR 1.8 billion by Dutch transmission system operator TenneT for two grid connection projects, IJmuiden Ver Alpha and Nederwiek 1 to link two future offshore wind farms located in the Dutch North Sea to the province of......
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NKT Awarded EUR 2 Billion Order for World’s First 525 kV XLPE HVDC Submarine Cable Project for Offshore Wind

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Industrial holding company NKT has been awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. In the project, with a combined order value of around EUR 2 billion, NKT is assigned to design, produce, install and commission around 1,700 km......
News Wire & Cable News

Madem Reels, Brazil, to Setup Wooden Reel Kit Manufacturing Plant of 1,000 Truckload Annual Capacity in Saudi Arabia

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Madem Reels Group is constructing a new nailed wooden reel kit production mill in Saudi Arabia with an annual capacity of over 1,000 truckload. The mill is the second plant of the group in Middle East region, and will start manufacturing in first half of 2024. March 1, 2023 Madem......
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NKT to sign JV with Walsin Lihwa to set up first offshore cable factory in Taiwan

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Industrial holding company NKT will be signing a joint venture for the construction of Taiwan’s first subsea power cable factory with Walsin Lihwa, a leading industrial conglomerate in Taiwan. The factory will be focused on production of high and medium-voltage AC offshore power cables for the Taiwanese offshore wind market,......
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Bekaert Declares Sale of Chile & Peru based Steel Wire Solutions Businesses

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Bekaert today announces it has reached an agreement on the sale of its Steel Wire Solutions businesses in Chile and Peru to its current partners. This transaction includes the production and distribution facilities of the steel wire solutions activities in Chile and Peru, which manufacture, sell, and distribute steel wire......
News Transmission, Distribution & Infrastructure

Power Grid Declared Successful Bidder under TBCB, Wins Multiple Projects for Inter-State Transmission System

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Power Grid Corporation of India was recently announced as the successful bidder through a tariff based competitive bidding process to establish an inter-state transmission system for projects on BOOT basis. The company received Letters of Intent (LoI) for multiple projects on 17 February, 2023. Power Grid Corporation of India’s consolidated......
News Transmission, Distribution & Infrastructure

Indian Power Minister launches SADUN Initiative to Modernize South Asia’s Power Distribution Utilities

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Indian minister of power and new and renewable energy, Mr. R.K. Singh has launched a joint initiative of the Ministry of Power, USAID and PFC called the South Asia Distribution Utility Network (SADUN). The initiative aims to modernize distribution of utilities in South Asia via knowledge sharing among the region’s......
News Wire & Cable News

HELUKABEL to Build New Site in Haan, Germany

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HELUKABEL will build a new site in Haan, which will house the group’s Rhine-Ruhr branch, EKD Systems subsidiary, producer of cable drag chains, and Robotec-Systems subsidiary, producer of hose and media packages for robotics. The site is expected to become operational in 2025. February 16, 2023 HELUKABEL is building a......
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