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India Targets INR 9.15 Lakh Crore Investment in Transmission by 2032

desk4
The National Electricity Plan (Transmission) envisioned over 1,91,000 ckm of transmission lines for integration of 10 GW of offshore wind farms, 47 GW of battery energy storage systems and 30 GW of pumped storage plants. The inter-regional transmission capacity is planned to increase to 143 GW by 2027 and further......
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Tata Power to Invest INR 1.2 Lakh Crores in Clean Energy Projects in Rajasthan

desk4
Nearly INR 75,000 crore dedicated to renewable energy projects. 10,000 MW of renewable energy capacity (including 6,000 MW solar and 4,000 MW hybrid) to be developed across Bikaner, Jaisalmer, Barmer, and Jodhpur. Oct 25, 2024 Tata Power, one of India’s largest integrated power companies, has announced the signing of a......
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Kataria Industries Acquires Wire Manufacturing Business from Ratlam Wires

desk4
The move perfectly aligned with Kataria Industries’ long-term growth strategy, enabling it to better serve a wider range of industries. Oct 25, 2024 Steel wires maker Kataria Industries has announced the acquisition of the wire manufacturing business from Ratlam Wires for a total consideration of INR 30.6 crore, compared to......
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Ducab Group Partners with Schneider Electric for Decarbonization Strategy

desk4
Schneider Electric will work closely with Ducab Group to develop a comprehensive ESG and Climate Strategy aimed at achieving significant carbon emissions reductions across Scopes 1, 2, and 3, aligned with the Science Based Targets initiative (SBTi). Oct 25, 2024 Ducab Group, one of the largest end-to-end solutions providers and......
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NKT Expands Cable Production in Denmark

desk4
To support the electrification of Europe, the green transition and the increasing demand for power cable solutions for the critical infrastructure, NKT is investing in medium-voltage cable business, including a significant expansion of its factory in Asnaes of Denmark. Oct 25, 2024 Since 1891, NKT has been producing cables in......
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Prysmian Calls Newly-Launched ‘E Path- The Future of Sustainable Cables’

desk4
Prysmian recently launched E Path, a new and enhanced concept related to a low-impact portfolio, in September 2024. E Path is connected to the group’s sustainability strategy “Sustain, to lead” – a commitment to net-zero goals via sustainable cables and solutions.  Oct 25, 2024 Prysmian, global manufactures and suppliers of......
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Sumitomo Electric’s Subsidiary Acquires Netherlands’ Esteves Group

desk4
Through this acquisition, A.L.M.T. will utilize both companies’ diamond die product lineups, technological capabilities, sales networks and service bases to further strengthen its global business development, including the expansion of sales channels in Europe and the United States. Sep 25, 2024 A wholly-owned subsidiary of Sumitomo Electric Industries Limited, A.L.M.T.......
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Taihan Gets USD 605 Million Contracts for EHV Power Grid in Singapore

desk4
The NDC373 project, which is one of the two contracts, amounts to approximately USD 360 million, making it the largest export of extra-high voltage AC transmission networks in the nation’s history. Oct 25, 2024 Taihan Cable & Solution has gained a contract for an extra-high voltage (EHV) power grid. The......
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Leoni Develops Sustainable Wiring Systems for Next-Generation Commercial Vehicles

desk4
Leoni ensures that its wiring systems for commercial vehicles are efficient, green and future-proof, from prototype to series production, making a significant contribution to the increasingly sustainable and networked mobility of tomorrow. Oct 25, 2024 Leoni is taking the development of wiring systems for demanding use in commercial vehicles to......
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LEONI AG’s 50.1% Stake Acquired by China’s Luxshare

desk4
Luxshare, a Chinese electronic components manufacturer, has agreed that it will acquire a 50.1% stake in LEONI AG, a cable and harnessing manufacturing firm in Germany, which was previously fully owned by Pierer. Oct 25, 2024 Austrian entrepreneur Stefan Pierer and Luxshare, a Chinese electronic components manufacturer, have agreed that......
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