|

Apar Industries to triple Continuous Transposed Conductor capacity by FY26

India, News

Apar Industries Ltd has announced plans to expand its Continuous Transposed Conductor (CTC) production capacity to meet increasing demand driven by government prioritization of power and generation equipment. The expansion will triple the company’s CTC capacity from 7,350 tonnes per year to 20,490 tonnes by Q3FY26. The current capacity of 7,350 tonnes, utilized at 98%, will be augmented in phases. By March 2025 (end of FY25), an additional 5,160 tonnes will be operational. A further…

|

Apar Industries reports 25% YoY growth in transformer oil volume for Q2FY25

India, News

Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products represented 42.2% of revenue in…

Power Sector News Roundup for November 20, 2024

Power Bytes

Global: Neoen secures 164 MWp in French solar and agrisolar tenders Ocean Winds submits planning application for 2 GW offshore wind farm CHN Energy connects first PV units of 1 GW offshore solar project to grid Kyrgyzstan completes key infrastructure for CASA-1000 electricity project HydrogenPro and J.H.K partner for green hydrogen projects in Europe India: Omega Seiki Mobility to launch hydrogen-powered three-wheelers CERC proposes framework for carbon credit certificate trading Saatvik Green Energy to supply…