Wire and Cable Industry News - Wire & Cable India
May 18, 2024

Wire & Cable India

Category : News

News

Uttar Pradesh Gives Nod to Green Hydrogen Policy, To Set Up Two 800 MW Units With NTPC Worth INR 8,624 Crore

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Under the green hydrogen policy, UP will provide subsidies and other incentives totalling INR 5,045 crore to industries establishing themselves in the state within the next 5 years; help the state to produce 1 million TPA green hydrogen by 2028. Mar 18, 2024 The Uttar Pradesh government has approved the......
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Power Grid Inks MoU with RRVPNL to Develop Intra-State Transmission Projects in Rajasthan Worth INR 10,000 Crore

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Power Grid to incorporate a joint venture company with Rajasthan Rajya Vidyut Prasaran Nigam Limited for the development of an intra state transmission system in Rajasthan. Mar 18, 2024 The Power Grid Corporation of India has executed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL)......
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PM Lays Foundation Stone of India’s First Commercial Semiconductor Fabrication Facility Worth INR 91,000 Crore

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The Tata-Powerchip Semiconductor Manufacturing Corp unit at Dholera is the country’s first commercial semiconductor fabrication facility having 50,000 WSPM capacity. Two more semiconductor plants inaugurated at Gujarat and Assam worth around INR 34,600 crore. Mar 13, 2024 Prime Minister Narendra Modi laid the foundation stone of the Tata-Powerchip Semiconductor Manufacturing......
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Exicom Tele Systems Aims To Raise INR 429 Crore Through Maiden IPO

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Maiden IPO of Exicom Tele Systems debuts at 86.6 percent premium, experts expect doubling of its issue price of INR 142 apiece. Mar 19, 2024 Power management solutions provider Exicom Tele Systems recently launched its maiden initial public offering (IPO), comprising a fresh issue of INR 329 crore worth shares......
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Asian Cables to Establish New Aluminum Conductor Manufacturing Plant

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Asian Cables’s new aluminum conductor plant not only aligns with the nation’s vision of self-reliance but also positions them to meet the growing demand for uninterrupted power supply. Feb 28, 2024 Leading manufacturers of cables in India, Asian Cables, a division of KEC International, has announced plans to establish a......
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PM Lays Foundation Stone for Torrent Power Projects Worth INR 25,000 Crore in UP

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The projects, which include two pumped storage hydro projects having total capacity of 4,150 MW, one solar power plant with capacity of 150 MW, and a pilot green hydrogen production facility, will bolster the sustainable energy landscape of Uttar Pradesh. Feb 20, 2024 Prime Minister Narendra Modi has laid the......
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Germany Proposes USD 17 Billion Subsidy for Hydrogen-Ready Gas Power Plants

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Germany expects hydrogen transition plans to get a green signal by 2032, allowing gas power plants to operate completely on hydrogen fuel between 2035 and 2040 Feb 22, 2024 In order to boost intermittent renewable energy and speed up the transition to low-carbon generation, the German government has come up......
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Belden Inc Expands Manufacturing Facility in Pune with Investment of INR 248 Crore

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The expansion of Belden’s manufacturing facility in Pune under Phase-2 will increase its production capabilities and also the existing footprint by 19,000 square meters. Feb 21, 2024 Belden Inc, a prominent global supplier of network infrastructure and digitization solutions, has marked a significant milestone in its operations in India with......
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HFCL to Invest ~INR 144 Crore to Set Up Optical Fiber Cable Plant in Poland

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HFCL Limited has planned an investment of approximately INR 144 crore for setting up an optical fibre manufacturing facility in Poland underscoring the company’s global expansion strategy. The OFC manufacturing plant is scheduled to begin with a capacity of 3.25 million fkm and scalable up to 7 million fkm. Feb......
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Prysmian Collaborates with Interbrand, Unveils New Global Brand

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Prysmian unveils a new global brand to support its commitment to lead the energy transition and digital transformation challenges. The new brand identity has been developed in partnership with Interbrand. Feb 22, 2024 Prysmian, a leader in the energy transition and digital transformation, launched, in collaboration with Interbrand — a......
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