Hellenic Cables Gets US Aid to Build New Cable Manufacturing Facility
The facility, worth around USD 300 million, will be built at Baltimore in Maryland. It will manufacture underwater and underground cables for offshore wind and
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Nexans Signs Ground-Breaking Service Level Contract with Equinor
The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and
India Ranked Third Largest Primary Global Energy Consumer
India aims to achieve 500 GW installed capacity from non-fossil fuel based capacity, such as hydro, nuclear, solar PV, wind and biomass, by 2030. Efforts
DMB Acquires GIC Magnet; Eyeing Global Consolidation
The acquisition will expand DMB’s market reach, enabling it to diversify its offerings and engage with a broader range of customers in the power and
India will Require USD 500 Billion Capex to Expand Power Transmission Grid
As per the report by Goldman Sachs, Power Grid Corporation of India will be the prime beneficiary of this massive grid expansion, which will account
STL Raises INR 1000 Crore via QIP; Boosts Confidence of Investors
STL raised INR 1000 crore through a QIP route planned to be utilized towards strengthening their balance sheet. Apr 17, 2024 STL, a leading optical
Sterlite Power Appoints Reshu Madan as CEO of GPS Business
Mr. Reshu Madan will head the Global Products & Services (GPS) business of Sterlite Power, leading global developer of power transmission. May 6, 2024 Sterlite
Prysmian Eyes North American Market with Acquisition of Encore Wire
With the acquisition of Encore Wire for USD 290 per share in cash, Prysmian aims to enhance its presence in North America and broaden its
Arcole Invests in Setic Pourtier to Accelerate its Growth & Sustainable Development
Arcole has announced an investment in Setic Pourtier aimed to accelerate the development and enable a drastic deleveraging. Apr 15, 2024 Arcole, a French private
Jindal Steel & Power Odisha Facility Embracing Exicom’s Heavy-Duty Chargers
The robust heavy-duty DC harmony chargers from Exicom can excel even in high temperatures, ensuring consistent performance without power de-rating. Apr 15, 2024 Jindal Steel