Wire and Cable Industry News - Wire & Cable India
January 16, 2025

Wire & Cable India

Category : News

News

Prysmian To Boost New Zealand’s Energy Security with 1400 MW Submarine Power Cables worth EUR 250 Million

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Prysmian has reserved the capacity to design, test, supply and install a high voltage direct current cable system, consisting of 350 kV single-core cables with mass impregnated insulation and double-wire armouring & integrated fiber optic.  Dec 16, 2024 Prysmian has signed a capacity reservation agreement worth around EUR 250 million......
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Yokogawa Launches OpreX Subsea Power Cable Monitoring System

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The system constantly monitors temperature increases caused by damage in subsea power cables, enabling condition-based maintenance and reduction of operational costs required for inspection & maintenance of subsea power cables used in the transmission of electricity generated at offshore wind power facilities. Dec 16, 2024 Japanese Yokogawa Electric Corporation has......
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ICPC, ITU Establish Advisory Body to Strengthen Submarine Cable Resilience

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The International Telecommunication Union (ITU),and the International Cable Protection Committee (ICPC) have formed the International Advisory Body for Submarine Cable Resilience, promoting best practices for governments and industry players to ensure the timely deployment and maintenance of these cables. Dec 17, 2024 The International Telecommunication Union (ITU), the United Nations......
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Transrail Lighting Announces INR 839 Crore IPO 

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The price band for Transrail Lightning Limited (TLL)’s IPO has been fixed at INR 410-432 per equity share of the face value of INR 2. The initial share-sale is scheduled to open on December 19 and close on December 23, 2024. The allotment of shares will be finalised on December......
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Ørsted to Invest More than USD 94 Million in UK Offshore Wind Farm

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Ørsted has signed agreements collectively worth USD 94.85 million-USD 126.46 million for its Hornsea 3 wind farm in the UK. The 3 UK-based companies JDR Cable Systems, Severfield and Smulders will produce integral components and services for the wind farm.  Dec 16, 2024 Denmark-based Ørsted has announced contracts collectively worth......
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Consumption of Stainless Steel in India Grew by 11 Percent: ISSDA

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According to ISSDA, the stainless steel consumption in India has increased from 4.02 million tonnes in FY23 to 4.46 MT in FY24, registering a growth of about 11 percent over FY23, including both flats and longs. The country’s per capita consumption of stainless steel increased from 2.25 kg in FY19......
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Singapore, Vietnam Firms Consider USD 150 Million Undersea Cable Project

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The project, estimated to be worth USD 150 billion, would link Vietnam with Singapore, a critical regional hub for data infrastructure. Dec 16, 2024 Singapore-based global asset manager Keppel is holding discussions with Sovico Group, a Vietnamese conglomerate, to build a new undersea fiber-optic cable worth USD 150 million that......
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Taihan Secures USD 97.56 Million Power Grid Contract in Singapore

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The project involves a full turnkey operation for the establishment of a 230kV ultra-high voltage power grid. Taihan will be responsible for the entire process, including the production, installation, connection, and testing of Oil-Filled (OF) cables and power equipment. Dec 13, 2024 Taihan Cable & Solution has signed a contract......
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Taihan Secures USD 76.96 Million EHV Power Grid Project in Sweden

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Taihan will construct an extra-high-voltage 420kV underground power grid, the highest voltage for underground cables in Sweden, in collaboration with Svenska kraftnät, Sweden’s state-owned power authority. Dec 12, 2024 Taihan has entered into an agreement worth around USD 76.96 million with Svenska kraftnät, Sweden’s state-owned power authority, to construct an......
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Sterlite Power Raises INR 725 Crore from GEF Capital Partners, ENAM Holdings

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The funds will be used for the ongoing capex expansion and drive strategic growth initiatives by enhancing production capabilities, accelerating new product development, and expanding presence across key international markets. Dec 16, 2024 Sterlite Power has successfully raised INR 725 crore in a primary fundraise round from GEF Capital Partners......
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