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AEP Units Spending $50 Million On Ohi...

by wireworld on 09/22/2017 - 09:38 pm
Tag: Projects

American Electric Power’s AEP Ohio and AEP Ohio Transmission Co. have said that they will invest about $50 million on the Pickaway-Madison Area Improvements project that is designed to bring an additional power source to the Pickaway and Madison counties area and modernize the electric transmission infrastructure.

According to the statement, the project consists of two phases, with the first phase involving building about seven miles of 69-kV line to provide another source of power and improve reliability in the area, and the second phase involving rebuilding about 26 miles of 69-kV transmission line to modernize the transmission infrastructure to provide more reliable power to local ...

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Usha Martin Mulls Selling Either Stee...

by wireworld on 09/22/2017 - 09:34 pm
Tag: Press Releases

The Usha Martin Limited, currently in financial distress, is contemplating selling its wire rope or steel business for which it has appointed a consultant.

"We have hired a consultant which will prepare a roadmap for the company. Selling off one of two divisions (steel and wire rope) is also contemplated", Managing Director of Usha Martin Rajeev Jhawar reported today after the AGM.

Jhawar, who owns nearly 25 per cent of shareholding in the company, said the Royal Bank of Canada had been engaged as merchant banker which was expected to submit its report in two months. He said the wire rope division contributed Rs 1200 crore in total revenue.

The other steel division generated the balance t ...

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Melos – The Bedding Compounder: 50 Ti...

by wireworld on 09/21/2017 - 09:18 pm
Tag: Press Releases

With decades of experience, Melos has proven to be a reliable producer of bedding compounds. The all over cable length, produced with FM bedding compounds, would reach more than 50 times to the moon! The FM portfolio, appreciated by many cable manufacturers around the globe, offers solutions with extraordinary properties. In this article, the focus will be on two special features: filling & water-blocking.

Water-blocking properties of Melos FM bedding compounds:

Melos offers the right bedding compounds designed to offer excellent performance properties to prevent water ingress into power-, copper data- and fibre optic cables. Melos is currently developing FM bedding compounds for subma ...

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Tata Steel, ThyssenKrupp To Combine S...

by wireworld on 09/21/2017 - 09:14 pm
Tag: Press Releases

Tata Steel and ThyssenKrupp have signed a preliminary agreement to combine their steel production operations across Europe to form the second largest steel manufacturer venture, behind ArcelorMittal. Under the agreement, both the companies will have 50% stake in the newly formed entity.

In a statement, ThyssenKrupp stated that the newly formed company will be known as ThyssenKrupp Tata Steel and it will be headquartered in or near Amsterdam. Both the companies have also signed a MoU (Memorandum of Understanding).

In his statement, ThyssenKrupp CEO Heinrich Hiesinger stated that the latest agreement between the two companies will have long-lasting impacts and it will also help achieve ...

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