News

Union Budget 2021: Wire and Cable Industry Views

wirecableMarch 19, 2021March 19, 2021

March 19, 2021March 19, 2021

Finance Minister Nirmala Sitharaman presented her third Budget — Union Budget 2021. Key industry leaders share their view and feedback. Here is a compilation. Mr. Anil Gupta, Chairman-cum-Managing Director, KEI Industries Ltd. “The prime objective of Union Budget 2021 is to boost and revive the economy that suffered a......

News

Power Generation Companies to Gain From Discom’s Revival: Union Budget 2021

wirecableFebruary 2, 2021February 2, 2021

February 2, 2021February 2, 2021

The USD 41 billion plan intends to trim electricity losses, gradually narrow discoms’ cost-revenue gap, improve the reliability and quality of power supply, and promote more sustainable competition. February 2, 2021 The Government of India’s plan to improve the operations and finances of state-owned distribution companies (discoms), the weakest link......

News

India Plans USD 41 Billion Reform to Revive Ailing Power Utilities

wirecableJanuary 29, 2021January 29, 2021

January 29, 2021January 29, 2021

The Government of India is planning to revive regional electricity retailers. The announcement is likely to be made on February 1, 2021 as part of the government’s budget for the year starting April 1. January 29, 2021 India plans to spend around INR 3 lakh crore (USD 41 billion) on......