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Ministry of Power to Add 464 GW of Electricity Capacity by 2031-2032

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The Union Minister for Power and New & Renewable Energy has announced that more than 132 GW of power capacity is under construction. Additionally, more than 464 GW of electricity capacity is expected to be added by 2031-2032. Dec 19, 2023 The Union Minister for Power and New & Renewable......
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EMA Singapore Approved 5 Indonesian Power Projects to Import 2 GW Clean Energy by 2027

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Energy Market Authority, Singapore, has approved five Indonesian power projects to import 2 GW of low-carbon clean energy by 2027 when projects become operational. Sep 18, 2023 The Energy Market Authority (EMA), Singapore, has awarded conditional approvals for five Indonesian energy projects to import 2 GW of clean energy. The......
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India Roped in USD 78.1 Billion as Renewable Energy Investments

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India presented as a favorable market for renewable energy investments, amounting to USD 78.1 billion, during 2014-2021. Projections for 2030 include scaling to an electricity generation capacity of 800 GW, with 500 GW sourced from renewable resources. February 15, 2023 On February 14, 2023, economic survey figures of Renewables 2022......
Events

Victory Plant and Machinery to Exhibit its Production Lines at wire Mumbai 2022

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Marking its presence at wire Mumbai 2022, Victory will showcase its range of stranding machines, wire drawing machines, in addition to the new additions to its portfolio for the wire & cable industry. Victory Plant and Machinery Pvt. Ltd. is recognised as a leading machinery manufacturer for the wire and......
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India Saves around USD 4 Billion in Fuel Costs through Solar Generation, says Report

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Solar generation in India avoided the need for 19.4 million tonnes of coal which would have further stressed an already strained domestic supply. November 11, 2022 According to a recently released report by a global think tank for energy Ember, India has saved around USD 4.2 billion in fuel costs......
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Nexans to Acquire Reka Cables from Reka Industrial

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This acquisition will strengthen Nexans’ position in the Nordics notably in electricity distribution and usage. November 10, 2022 Nexans SA has entered into a share purchase agreement with Reka Industrial Plc to acquire Reka Cables. This acquisition will strengthen the Company’s position in the Nordics notably in electricity distribution and......
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European Investment Bank to Support TenneT’s Expansion in Bavaria

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The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......
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Cable Wire 2022: Focus on Cabling Infrastructure for Safety and Sustainability

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The 9th edition of Cable Wire – the International Conference & Exhibition on cables, wires & accessories was held on the 25th and 26th of August 2022 in New Delhi. Indian Electrical & Electronics Manufacturers’ Association (IEEMA) organised Cable Wire 2022, the 9th international conference and exhibition on cables, wires,......
News

Goa Electricity Department Completes Fifth 33 kV ACCC® Distribution Project

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The ACCC® Conductor has been chosen to replace the 40-year-old ACSR Racoon conductor. For the Goa Electricity Distribution project, a number of companies participated, including – Apar Industries Ltd., Sicame India, and Steel Authority of India, Ltd. June 16, 2022 In the duration of a few months between 2021 and 2022,......
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RR Kabel Strengthens its Position in Consumer Electricals by Acquiring Luminous Home Electricals Business

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The acquisition of Luminous has made RR Kabel the first Indian company to take over a global enterprise in the FMEG sector. RR Kabel, one of the leading electrical manufacturing companies and a part of RR Global, a USD 1.25 billion conglomerate, has acquired Luminous Home Electrical business from Schneider......
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