Wire and Cable Industry News - Wire & Cable India
January 21, 2025

Wire & Cable India

Category : News

News

Ravicab Cables-Acquired Leoni Cable Solutions India Rebranded as Elegar Kerpen, Targets 3-Fold Sales Growth by 2026-27

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Leoni Cable Solutions India, an Indian subsidiary of German company Leoni AG, acquired by Ravicab Cables and rebranded as Elegar Kerpen, is eyeing a three-fold sales growth by 2026-27. Oct 17, 2023 Ravicab Cables Private Limited acquired 100 percent equity in Leoni Cable Solutions India Private Limited (LCSI). Post divestiture......
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Japan’s Nippon Steel Set to Acquire U.S. Steel for USD 14.9 Billion in Cash

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U.S. Steel has been sold to Japan’s Nippon Steel for USD 14.9 billion in cash outbidding Cleveland-Cliffs,  ArcelorMittal, and Nucor. Nippon’s acquisition marks its move toward 100 million metric tons of global crude steel capacity, while significantly expanding its production in the United States. Dec 19, 2023 Japan’s Nippon Steel......
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India and Saudi Arabia Sign MoU in Electrical Interconnections, Green Hydrogen, and Supply Chains

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The MoU was signed between the Union Minister for Power and New & Renewable Energy, Government of India, Shri R.K. Singh and the Minister of Energy, Government of Saudi Arabia, Mr. Abdulaziz bin Salman Al-Saud on the sidelines of the MENA Climate Week in Riyadh. The MoU aims to establish......
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Radiance Renewables to Come Up with 150-MW Solar Project in Maharashtra, Seeks USD 90 Million Green Loan

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Radiance Renewables has secured a green loan of approximately USD 90 million for the development of its solar project in Maharashtra. The company has an operating capacity of about 500 MW with a target to increase its capacity to 2 GW in the next three years. Nov 2, 2023 Radiance......
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Adani Green Energy Seeks USD 1.8 Billion Loan for Capacity Enhancements in Solar & Wind Energy Projects

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Adani Green Energy is seeking a loan of USD 1.8 billion from a group of foreign lenders which will be used to build new capacity in solar and wind projects. Barclays and First Abu Dhabi are among the banks in talks. Nov 2, 2023 According to reports, Adani Green Energy,......
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TotalEnergies Acquires German Renewable Energy Aggregator Quadra Energy

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An agreement is signed between TotalEnergies and Aloys Wobben Foundation, wherein TotalEnergies is to acquire the entire share capital of the German company Quadra Energy, subject to approval. Oct 26, 2023 TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of the German......
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TotalEnergies Acquires France’s Ombrea to Accelerate the Development of its Agrivoltaic Projects

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TotalEnergies has finalized the acquisition of France’s agrivoltaics leader Ombrea which will enable TotalEnergies to accelerate the development of its portfolio of 1.5 GW of agrivoltaic projects.  Sep 28, 2023 TotalEnergies has finalized the acquisition of France’s agrivoltaics leader Ombrea. This acquisition will also enable TotalEnergies to accelerate the development......
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PM Modi Making India as Frontrunner in Realm of 6G Technology

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At the inauguration of the 7th Edition of the Indian Mobile Congress 2023 in New Delhi, Shri Narendra Modi said that the government is making strides toward establishing India as a frontrunner in the realm of 6G technology.  Oct 27, 2023 Recently, the 7th Edition of the Indian Mobile Congress......
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Kalpataru Projects International Bags Orders Worth INR 2217 Crores in India & Overseas Markets

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KPIL secured new orders of INR 2,217 crores, with the T&D business securing orders worth INR 1,993 crores in India and overseas markets and the B&F business in India secured an order of INR 224 crores. Oct 16, 2023 Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured......
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