WCA May 2017

India Insight India

Insight

Indian power link

ABB – Switzerland Website : www.abb.com India Power Grid Corporation – India Website : www.powergridindia.com LED acquisition

ABB and India’s Power Grid Corporation of India Ltd will work together on the Raigarh-Pugalur 800kV UHVDC transmission link between Raigarh, in central India, to Pugalur in the southern state of Tamil Nadu. At 1,830km the link will be among the longest in the world, and with a capacity of 6,000MW is expected to meet the electricity needs of over 80 million people. The two-way link will integrate thermal and wind energy for transmission of power to high consumption centres located thousands of kilometres away, supporting electricity demands in the south when wind strength is low, and transmitting clean energy to the north when there is excess wind power. ABB CEO Ulrich Spiesshofer said: “Delivering reliable electricity to India’s energy demand centres is a top priority for the Indian government to support the country’s impressive growth momentum…With our state-of-the-art UHVDC technology, we enable the balancing of renewable and conventional electricity supply over long distances in a smart and reliable way.” The project, valued at over $840 million, is scheduled for completion in 2019.

The board of Shilpi Cables Technologies Ltd (SCTL) has approved the 100 per cent acquisition of UAE-based Gulf Aglow LED Lighting FZCO. The purchase will give Shilpi Cables an entry into the high growth LED market with an established partner, licensed to sell under the Westinghouse brand and its own Galux brand in 54 countries, as well as a vast manufacturing capability. Subject to the necessary regulatory approvals, the acquisition is expected to be completed within three months. Shilpi Cables Technologies Ltd – India Website : www.shilpicables.com

Bigstockphoto.com “Taj Mahal sunset silhouette in Agra, India” Photographer: David Evison

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Wire & Cable ASIA – November/December 2016 May/Jun 2017