Apar Industries will increase its annual capacity of Continuous Transposed Conductor business from current 7,350 tonnes to 20,490 tonnes by Q3 FY26, with an investment of INR 73 crore.

Nov 18, 2024

Apar Industries Limited has announced plans to almost triple its annual capacity of the Continuous Transposed Conductor (CTC) line of business from the current 7,350 tonnes to 20,490 tonnes by the third quarter (October to December) of FY26.

The company said in an exchange filing that the capacity expansion, entailing an investment of INR 73 crore, would cater to increased demand available on account of focused prioritization by the Government in power and generation equipment.

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The current annual CTC capacity of the company was being utilized to the extent of 98 percent, it said, adding that between November 2024 and March 2025 (end of FY25), an additional capacity of 5,160 tonnes per year would be commissioned.

Apar Industries further said that a further 7,980 tonnes of capacity will be added thereafter, taking the annual CTC capacity to 20,490 tonnes per year by Q3FY26.

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The company said it was optimistic about the prospects of the transmission segment in India and worldwide, referring to the National Electricity Plan released in October 2024. As per NEP, the government aimed to add 1,91,474 ckm of transmission lines (from 4,56,716 ckm to 6,48,190 ckm) and 12,74,185 MVA of transformation capacity for 220kV and above voltage levels (from 10,70,950 MVA to 23,45,135 MVA) during the period 2022-32.