Category : News

News

PFC Aims to Muster Rs. 60,000 Cr. In FY16

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

PFC has healthy capitalization levels, diversified resource profile Apr 21, 2015 State-owned Power Finance Corporation (PFC) plans to raise up to Rs. 60,000 crore through short- and long-term borrowings in the current financial year to primarily meet the funding requirements of power sector units and projects. It disbursed approximately Rs.......

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Saudi’s Power Sect to See USD100 Billion by 2020

wirecableMay 28, 2015June 20, 2015

May 28, 2015June 20, 2015

The private sector’s involvement in power generation to increase from 7.4 percent to over 17 percent by 2020 March 10, 2015 Saudi Arabia is set to make an investment worth USD100 billion in the power sector by the year of 2020, according to reports. The Middle East power cables market......

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Target of 1,000 Units Per Capita Electricity Consumption for 2014-15

wirecableMay 28, 2015June 22, 2015

May 28, 2015June 22, 2015

USD 250 billion investment target for the power sector in next 4-5 years March 9, 2015 Replying to a question in the Rjya Sabha, Power and Coal Minister Piyush Goyal said a target of 1,000 units per capita electricity consumption has been set for the year 2014-15 compared to 957......

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India Replaces US as Third Largest Steel Producer

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

March 22, 2015 With a production of 14.56 million tonnes (MT) in first two months of the year, India has overtaken the US to become the third-largest steel producer in the world. India has been the fourth-largest steel producer for the past five years, behind China, Japan and the US.......

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KEC International Wins Orders of Rs. 1412 Crore

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

December 31, 2014 KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group company has secured new orders of Rs. 1412 crore in its Transmission & Distribution and Cables businesses. In this business, the company has secured orders in India, Africa and the Americas amounting to Rs. 1128......

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India Optical Fiber Cables (OFC) Market to Reach USD 424 Million by 2020

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 19, 2015 The OFC market in India is projected to reach USD 424 million by 2020 on account of growing adoption of smartphones, broadband services, and upcoming 4G rollout, says a report by TechSci Research. Indian consumers are increasingly shifting towards internet driven applications such as video on demand,......

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Sterlite Technologies to Invest Rs. 300-400 Crore on Expansion

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

April 1, 2015 Sterlite Technologies plans to invest Rs 300-400 crore on expanding its fibre and cable manufacturing capacities to cater to increased demand mainly due to the data network expansion of telecom operators and the government’s National Optic Fibre Network project that aims to connect 2,50,000 panchayats. “Growth in......

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Optical Networking and Communications Market to Reach USD 25.97 Billion by 2020

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 15, 2015 The total market for optical networking and communications is expected to generate revenue of USD 12.55 billion in 2013 and is expected to reach USD 25.97 billion by 2020, at an estimated CAGR of 10.5% from 2014-2020, as per a new market research report “Optical Networking and......

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China to Share UHV Experience With Other Countries

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

February 11, 2015 According to an official, China is willing to share its experience in developing a long-distance power transmission technology known as ultra-high voltage (UHV) grid with other countries. China has “comprehensively mastered the core technologies of UHV transmission with independent intellectual property rights,” said Liang Xu Ming, director......

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L&T Construction Wins T&D Business Orders Worth Rs. 668 Crores

wirecableApril 22, 2015June 22, 2015

April 22, 2015June 22, 2015

January 5, 2015 The L&T Construction’s transmission and distribution business has secured new orders worth Rs. 668 crores. Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged orders from the National Grid, Saudi Arabia (a subsidiary of Saudi Electricity Company), for the construction of 132......