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Sterlite Power partners with AMP Capital to start 1800 km of Transmission Lines

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For power transmission projects entailing an investment of USD 1 billion, Sterlite Power Transmission Ltd has announced its association with global investment manager AMP Capital. December 30, 2020 With the plan to develop energy transmission projects in India, Sterlite Power and global investment manager AMP Capital has formed a partnership,......
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Maillefer Expanding in India, Introduces Local Manufacturing

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Maillefer strengthens its support and presence in India by introducing local manufacturing and supply of brand name technology destined to low voltage wire & cable manufacturers within the region. December 29, 2020 The Indian subcontinent is long term seen as one of the fastest growing wire and cable markets in......
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Padanaplast Launches Cogegum® AFR 1809 UV — an Innovative HFFR Compound

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The new HFFR Compound has been developed to meet the demand of green products for wire and cable industry. November 15, 2020 Padanaplast, specializing in polyolefin compounds for use in wires and cables, pipes and fittings has launched Cogegum® AFR 1809 UV — a new HFFR grade to answer the......
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Nexans Umbilicals to Play Vital Role in Senegal’s First Offshore Oil Development

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Nexans’ Halden facility will provide both static and dynamic umbilicals for each phase of the project, with deliveries commencing in 2022. September 29, 2020 Nexans has signed a contract with Subsea 7 to design and manufacture 46km of umbilicals for the Sangomar field, offshore Senegal. The umbilicals, produced by Nexans’......
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Prysmian Signed Preferred Bidder Agreement for Sofia Offshore Wind Farm

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The finalization of the contract is subject to final negotiations and to the final investment decision by RWE of the project. November 17, 2020 Prysmian Group, world leader in the energy and telecom cable systems industry, has signed a preferred bidder agreement with RWE Renewables Sofia Offshore Wind Farm, the......
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Ola to Invest Rs 2400 Crore for World’s Largest E-Scooter Factory in Tamil Nadu

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The SoftBank-backed company is raring to launch the first of its range of highly anticipated e-scooters in the coming months. The new manufacturing plant will help take mobility into a more sustainable, accessible, and connected future. December 15, 2020 Ola, one of the world’s leading mobility platforms, has signed MoU......
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NBG Acquires Swiss Fibre Optics Specialist Solifos AG

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The NBG family continues to grow – with the acquisition of the Swiss fiber optics specialist Solifos AG. December 18, 2020 According to the reports, Mr. Karl Bauer, CEO & Managing Director, NBG Holding GmbH signed the takeover agreement for the Lower Austrian NBG Group on December 10, 2020. The......
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HFCL’s new Hyderabad Facility Commences Production of FTTH Cables

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The company specializing in the manufacturing of telecommunication equipment, and optical fiber cables had earlier invested INR 260 crore in its Hyderabad plant. December 17, 2020 HFCL (Himachal Futuristic Communications Ltd.) rose by 3.56% and has hit a 52-week high to be valued at Rs 24.75 after the company announced......
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Extending Production Benefits to OFC Makers to Attract Investments: Polycab

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The Centre should extend benefits under the ambitious production-linked incentives (PLI) scheme to the homegrown optic fibre cable (OFC) makers so that investments in the sector would further grow, and India could eventually become Atmanirbhar or self reliant. December 14, 2020 As reported in a leading daily, Mr. Ashish D.......
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