UP Power Corporation incurring loss of Rs 31,000 crore

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 26, 2013 Uttar Pradesh government said that UP Power Corporation is incurring a loss of Rs 31,000 crore and situation has arisen due to faulty policies of the previous government. On question of commission taken in purchase of transformers to the tune of 25% by Singh, the Chief Minister......

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PowerGrid to enter into contract with Ethiopia Power

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 12, 2013 Power Grid Corporation of India Ltd (PGCIL) said that it will sign a $16-million management contract with Ethiopia Power Company for two years. “Ethiopia Power Company is an integrated firm with generation and distribution. PowerGrid will take up the key positions and manage the company for two......

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Unbundling of Jharkhand State Electricity Board soon

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 7, 2013 Decks have been cleared for unbundling of Jharkhand State Electricity Board (JSEB) after the Supreme Court of India disposed all petitions filed before it challenging the unbundling. As mandated under the central electricity act 2003, which came into effect from June 2003, the unbundling of state electricity......

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India’s total power requirement to increase up to 900 to 1,100 Giga Watt by 2030

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 22, 2013 Mr. B.K. Chaturvedi, Member (Energy), Planning Commission, urged power distribution utilities to work towards expanding electricity metering in rural areas of the country. “It is important for metering to do well in the country as the entire value chain of the power sector depends on realisation of......

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Power sector says Budget 2013 is a mixed bag

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 28, 2013 The Budget has evoked a mixed reaction in the power sector with large players slamming the import duty hikes, but those in the renewable energy space welcomed the proposal to incentivise wind energy projects. While some players criticised the upward revision of the import duty, from 1......

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Tamil Nadu tops in renewable power generation

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 27, 2013 Tamil Nadu tops the list of States that has added the highest renewable power generation capacity in the last three years. Most of it was wind energy. The figures were released by the new and renewable energy ministry. 12,436 MW of power through renewable energy was added.......

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Sterlite Technologies Wins ‘Top Telecom Cables Company’ Award

wirecableJanuary 4, 2013January 8, 2013

January 4, 2013January 8, 2013

October 19, 2012 Sterlite Technologies Limited announced that it has received the Voice & Data “Top Telecom Cable Company 2011-12” award for being India’s biggest player in FY 2011-12. As per Voice & Data 100 – India’s most comprehensive survey of Indian telecom market – Sterlite with revenues worth Rs......

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General Cable Corporation Completes the Acquisition of Alcan Cable China

wirecableJanuary 4, 2013January 8, 2013

January 4, 2013January 8, 2013

December 3, 2012 General Cable Corporation announced that it has completed the acquisition of Alcan Cable China. Alcan Cable China represents approximately 10% to 15% of overall revenues of Alcan Cable. “Alcan Cable China has a 430,000 square foot, vertically integrated manufacturing plant in Tianjin, China and ten regional sales......

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New compounds from Teknor Apex will meet the broadest array of ‘green’ requirements addressed by any PVC for wire and cable

wirecableJanuary 4, 2013January 8, 2013

January 4, 2013January 8, 2013

November 1, 2012 In late stages of development at Teknor Apex Company are nearly 50 PVC compounds that incorporate new bio-based non-phthalate plasticizers and other formulation enhancements that address the “green” concerns of wire and cable users, it was announced by Vinyl Division industry manager Mike Patel. The new RoHS-......

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Diamond Power sets up lab for cable testing

wirecableJanuary 4, 2013January 8, 2013

January 4, 2013January 8, 2013

November 23, 2012 Diamond Power Infrastructure Ltd (DPIL) has set up an ultra high voltage cable testing laboratory at its facility at Vadadala near Savli. In a statement filed, DPIL informed that the testing facility would be the first of its kind in India to have capabilities to test cables......