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Wire & Cable ASIA – July/August 2016
India Insight
A renewable portfolio
Tata Power Solar has commissioned a 4.8MW solar power
plant for Rajaram Maize Products in Rajnandgaon district in
Chhattisgarh state, India. The company now meets its entire
power requirement through renewable energy, making it one
of the few business entities in India to do so.
The solar power plant was constructed within three months,
using Tata Power Solar’s modules, and will remove
approximately 5,180 tonnes of CO2 emissions per annum.
Speaking on the project, Ashish Khanna, ED and CEO, Tata
Power Solar, said: “It is exciting to see manufacturing
companies like Rajaram Maize Products move from
conventional power to 100 per cent renewable energy, and
shows the shifting trend of companies accepting solar as a
mainstream source of power.”
Rajaram Maize Products has a strong focus on renewable
energy and has already installed a biomass-based
cogeneration plant, a solar rooftop installation, windmills
and a biogas engine at its facility. Total power generated
from this 4.8MW ground-mount solar installation will be
used for captive consumption by its factory.
Nitin Gupta, MD, Rajaram Maize Products, said: “We have
had a long-term vision of offsetting our conventional power
source with renewable and solar energy, from a green as
well as cost-benefit perspective.”
Tata Power Solar – India
Website:
AOC market survey
A new market research report, “Active optical cable market,
by protocol (InfiniBand, Ethernet, serial-attached SCSI
(SAS), and others) form factor (QSFP, CXP, and others),
end-user application (data centre, consumer electronics,
and others), and geography – global trends and forecast to
2022”, estimates that the active optical cable market will
reach $3.43 billion by 2022, at a CAGR of 27.1 per cent.
Data centres are expected to lead the active optical cable
market for end-user applications. Data centres also need a
broad portfolio of fibre optic modules to connect servers,
switches and storage, which is accomplished by active
optical cable. In addition, the consumer electronics market
is an emerging market for active optical cable owing to its
application in 4K TV, and digital signage sectors.
Active optical cable for InfiniBand is expected to show high
growth during the forecast period. The interface of this
protocol in commercial applications such as servers and
supercomputers plays a key role in market growth.
The market in Asia-Pacific is expected to show the highest
CAGR between 2016 and 2022 because of the rapid usage
of active optical cable in China. Increasing adoption of
active optical cable (AOC) in data centres and consumer
electronics, among others, is expected to drive the AOC
market in this region.
The report also profiles the most promising players in the
sector. The conclusion of the 155-page report, published by
MarketsandMarkets, is that increasing bandwidth
requirements and deployments of data centres are factors
that will drive growth.
MarketsandMarkets – India
Website:
Power plant stays
in the family
JSW Energy is to spend around $782 million on a 1,000MW
coal-fired power plant from Jindal Steel & Power, though full
details, including the final price, are yet to be confirmed.
Jindal Steel & Power’s chief executive, Ravi Uppal, said a
deal was under negotiation, but declined to give more
details. The deal would help reduce debt at Jindal Steel &
Power, majority-owned by JSW’s Sajjan Jindal’s younger
brother, Naveen. At the end of December 2015, net debt at
Jindal Steel & Power stood at $7 billion, nearly eight times
the company’s current market capitalisation.
The power plant deal would help JSW Energy in its efforts to
nearly triple its power generation capacity to around
12,000MW by early in the next decade. Jindal Steel and
Power commissioned the first of the four 250MW units at
the site in Chhattisgarh in eastern India in 2007, and
became the first private company to establish an
independent power plant.
JSW Energy – India
Website:
Jindal Steel & Power – India
Website:
Growth through
acquisition
Cable manufacturing company CMI has completed its
acquisition of General Cables Energy (GCE), a fully owned
subsidiary of General Cable Corporation (GCC). GCE, and
its facility in Himachal Pradesh, will now become a wholly
owned subsidiary of CMI.
“CMI has also inherited GCC’s international processes and
systems for manufacturing specialised cables, through this
acquisition,” said Amit Jain, CMI’s managing director,
adding that by this acquisition CMI will exponentially
increase its manufacturing capabilities. Amit Jain continued
that the facility is likely to be operational by the first quarter
of 2016-2017, after which CMI is likely to be amongst the
leading manufacturers in the country in the sectors in which
it operates.
CMI Ltd – India Website: