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News

India Roped in USD 78.1 Billion as Renewable Energy Investments

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India presented as a favorable market for renewable energy investments, amounting to USD 78.1 billion, during 2014-2021. Projections for 2030 include scaling to an electricity generation capacity of 800 GW, with 500 GW sourced from renewable resources. February 15, 2023 On February 14, 2023, economic survey figures of Renewables 2022......
Events

Victory Plant and Machinery to Exhibit its Production Lines at wire Mumbai 2022

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Marking its presence at wire Mumbai 2022, Victory will showcase its range of stranding machines, wire drawing machines, in addition to the new additions to its portfolio for the wire & cable industry. Victory Plant and Machinery Pvt. Ltd. is recognised as a leading machinery manufacturer for the wire and......
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India Saves around USD 4 Billion in Fuel Costs through Solar Generation, says Report

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Solar generation in India avoided the need for 19.4 million tonnes of coal which would have further stressed an already strained domestic supply. November 11, 2022 According to a recently released report by a global think tank for energy Ember, India has saved around USD 4.2 billion in fuel costs......
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Nexans to Acquire Reka Cables from Reka Industrial

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This acquisition will strengthen Nexans’ position in the Nordics notably in electricity distribution and usage. November 10, 2022 Nexans SA has entered into a share purchase agreement with Reka Industrial Plc to acquire Reka Cables. This acquisition will strengthen the Company’s position in the Nordics notably in electricity distribution and......
News

European Investment Bank to Support TenneT’s Expansion in Bavaria

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The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......
Events Headlines

Cable Wire 2022: Focus on Cabling Infrastructure for Safety and Sustainability

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The 9th edition of Cable Wire – the International Conference & Exhibition on cables, wires & accessories was held on the 25th and 26th of August 2022 in New Delhi. Indian Electrical & Electronics Manufacturers’ Association (IEEMA) organised Cable Wire 2022, the 9th international conference and exhibition on cables, wires,......
News

Goa Electricity Department Completes Fifth 33 kV ACCC® Distribution Project

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The ACCC® Conductor has been chosen to replace the 40-year-old ACSR Racoon conductor. For the Goa Electricity Distribution project, a number of companies participated, including – Apar Industries Ltd., Sicame India, and Steel Authority of India, Ltd. June 16, 2022 In the duration of a few months between 2021 and 2022,......
Headlines Interviews

RR Kabel Strengthens its Position in Consumer Electricals by Acquiring Luminous Home Electricals Business

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The acquisition of Luminous has made RR Kabel the first Indian company to take over a global enterprise in the FMEG sector. RR Kabel, one of the leading electrical manufacturing companies and a part of RR Global, a USD 1.25 billion conglomerate, has acquired Luminous Home Electrical business from Schneider......
News

Hitachi Energy India Wins an Order of INR 160 Crore for Modernising the Grid of Madhya Pradesh

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Under the MP Power Transmission Package-II, Hitachi Energy will undertake the modernisation of over 1000 km of overhead lines across nine rural districts of Madhya Pradesh. May 7, 2022 Hitachi Energy India Ltd. has announced that it has won a project worth INR 160 crore from MP Power Transmission Package-II.......
News

Govt Approves INR 1.6 lakh crore to Reform the Power Discoms in 12 States and J&K

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Within the 1.6 lakh crore assistance given to power discoms, INR 88,000 crore will be used for installing smart meters, and INR 75,000 crore for reducing line losses, and developing institutional capabilities. May 5, 2022 The Government of India has sanctioned over INR 1.6 lakh crore for 12 Indian states......
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