JK Organisation to foray into power, plans 1360 MW plant in MP

wirecableMay 26, 2011April 19, 2023

May 26, 2011April 19, 2023

JK Organisation said it will foray into the power sector with plans to set up 1,360 MW power plant near Jhansi in Madyha Pradesh, on which it will make an initial investment of Rs 1,300 crore. “Yes, as a group we are venturing into the power sector. To start with, we will be......

USD 69 m loan from ADB for MP Power Investment Programme

wirecableMay 26, 2011May 26, 2011

May 26, 2011May 26, 2011

India and the Asian Development Bank (ADB) have signed a USD 69 million loan agreement which is the sixth and final tranche of the USD 620 million Madhya Pradesh Power Sector Investment Programme. The sixth tranche will assist the Madhya Kshetra Vidyut Vitaran Company reduce power transmission and distribution losses in 117 towns. It......

Power Grid’s estimated project outlay to be Rs. 120,000 crores in the next 5-6 years

wirecableMay 24, 2011May 23, 2013

May 24, 2011May 23, 2013

Gridtech 2011 started with a strong note where Mr. I.S. Jha, Director Projects, Power Grid presented the paper covering Indian power system an overview, little bit of Future transmission plan, Cross country interconnection, Issues and challenges. Giving the overview of the power sector he said “Our installed capacity is 173,000MW......

The Mavericks

wirecableApril 27, 2011May 23, 2013

April 27, 2011May 23, 2013

Polycab Group being one of the largest cable manufacturers globally with production capacity of 120,000 tons with 16 manufacturing facilities having strength of 5000 people has grown immensely. Out of these 16 manufacturing facilities, 3 facilities are for in-house compounds as they don’t source it from outside, 2 facilities for......

Chhattisgarh to pump in Rs17,000 crore in Power Sector

wirecableApril 22, 2011April 19, 2023

April 22, 2011April 19, 2023

Chhattisgarh government-run power companies will pump in Rs.17,000 crore in the state over the next three years to increase power production and also improve the power transmission and distribution infrastructure, Governor Shekhar Dutt told the state assembly. ‘State government-run power companies in Chhattisgarh would invest Rs.17,000 crore over the next......

Ultra Mega Power Project in Orissa gets green signal

wirecableApril 22, 2011April 19, 2023

April 22, 2011April 19, 2023

Environment ministry has given green nod for the 4,000- mw ultra mega power project (UMPP) at Bhedabahal in Orissa after more than six-months delay. “Orissa UMPP is cleared (by environment ministry). We are hopeful of receiving the documents from environment ministry soon,” power minister Sushilkumar Shinde told reporters at a......

1800 MW green power added during Apr-Dec

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

With an addition of over 1,800 mw of capacity during the first nine months of the current fiscal, India’s cumulative grid-interactive renewable energy instalment capacity had crossed 18,500 mw mark as of December 2010. During the April-December period in 2010, the country added 1,259, 204, 144, 216, 5.5 and 7.5......

M&A deals value in power sector at $116 bn in 2010

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

The power sector globally saw merger and acquisitions to the tune of $116 billion in 2010, a 19 per cent growth from the previous year, said a report. According to an annual review of M&As in the global power sector by PricewaterhouseCoopers, the total deal value in the power and......

POWERGRID’s 400/220kV Wardha sub-station dedicated to the Nation

wirecableApril 19, 2011April 30, 2011

April 19, 2011April 30, 2011

Hon’ble Union Minister of Power Shri Sushilkumar Shinde dedicated the 400/220 kV Wardha sub-station of POWERGRID to the nation on 9th January, 2011 at Wardha, Maharashtra in the presence of Shri Ranjit Kamble, Hon’ble Minister of State for Water Supply & Sanitation, Maharashtra, Dr. M. Ravi Kanth, Joint Secretary (Transmission),......

Economic Survey: Impact on Wire & Cable Industry

wirecableApril 18, 2011May 23, 2013

April 18, 2011May 23, 2013

One of the major requirements for sustainable and inclusive economic growth is an extensive and efficient infrastructure network i.e. electricity, roads and bridges, ports, airports, telecommunications, railways, etc. It is critical for the effective functioning of the economy and industry. The key to global competitiveness of the Indian economy lies......