Apar Industries to triple Continuous Transposed Conductor capacity by FY26
Author: PPD Team Date: November 20, 2024
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 7,980 tonnes will be added, bringing the total to 20,490 tonnes by the third quarter of FY26. Apar Industries has earmarked Rs 730 million for this expansion.
Market outlook:
Manish Agrawal, CEO of Apar Industries’ Conductor & Telecom Division, highlighted the growth opportunities in India’s transmission sector. As per the National Electricity Plan (October 2024), India aims to add 1,91,474 ckm of transmission lines and 12,74,185 MVA of transformation capacity for 220 kV and above voltage levels by 2032. This expansion aligns with Apar Industries’ strategy to enhance its market share in the growing transmission segment globally.
Agrawal noted that synergies with Apar’s existing transformer oil business will strengthen its position in the CTC market, enabling global expansion.