Page 77 – Wire & Cable India
July 3, 2025

Wire & Cable India

Wire & Cable India
hellenic cables
News

Hellenic Cables Gets US Aid to Build New Cable Manufacturing Facility

wirecable
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 grid modernization applications. Apr 23, 2024 Hellenic Cables Americas, the U.S. subsidiary of Belgian Cenergy Holdings, has got a boost from the U.S. Department of......
nexans
News

Nexans Signs Ground-Breaking Service Level Contract with Equinor

wirecable
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 operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.  May 6, 2024 Nexans, leader in the design and manufacturing......
global energy
News

India Ranked Third Largest Primary Global Energy Consumer

wirecable
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 are currently underway to increase thermal capacity to 28,460 MW, large hydro capacity to 12,663 MW and nuclear energy capacity to 8,700 MW. May 6,......
dmb
News

DMB Acquires GIC Magnet; Eyeing Global Consolidation

wirecable
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 mobility sector, and projecting a revenue growth of USD 40.5 million. Apr 22, 2024 Ducab Metals Business (DMB) has acquired GIC Magnet, underlining its efforts......
power transmission grid
News

India will Require USD 500 Billion Capex to Expand Power Transmission Grid

wirecable
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 for 30 percent of India’s overall energy transition costs projected for 2024-2050. Apr 24, 2024 India, which is currently the third largest primary energy consumer......
Sterlite Technologies
News

STL Raises INR 1000 Crore via QIP; Boosts Confidence of Investors

wirecable
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 and digital solutions company has announced that it has raised INR 1000 crore via Qualified Institutional Placement (QIP) route. Showcasing confidence in STL, the entire......
sterlite power
News

Sterlite Power Appoints Reshu Madan as CEO of GPS Business

wirecable
Mr. Reshu Madan will head the Global Products & Services (GPS) business of Sterlite Power, leading global developer of power transmission.  May 6, 2024 Sterlite Power, a leading global developer of power transmission, today announced the appointment of Mr. Reshu Madan as Chief Executive Officer, Global Products & Services (GPS)......
prysmian logo
News

Prysmian Eyes North American Market with Acquisition of Encore Wire

wirecable
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 product offering. Apr 18, 2024 Leading global solution provider for cables, energy, telecom cables and systems industry, Prysmian has announced acquisition of Encore Wire, leading......
setic
News

Arcole Invests in Setic Pourtier to Accelerate its Growth & Sustainable Development

wirecable
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 equity fund, in partnership with longstanding shareholder and CEO Thierry Collard, is excited to announce a new phase of growth of Setic, a global leader......
jindal steel
News

Jindal Steel & Power Odisha Facility Embracing Exicom’s Heavy-Duty Chargers

wirecable
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 and Power (JSP), India’s leading business houses, with a significant presence in steel, mining, power and infrastructure, is gearing up for an enhanced charging experience......
WordPress Ads