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PSE Operator plans $3.1bn Investment ...

by wireworld on 10/01/2012 - 03:15 am
Tags: Press Releases, Projects

Polish power grid operator PSE is planning to invest PLN9.9bn ($3.1bn) for power grid upgrades, including enhancing the national electricity transmission network and building power lines during next five years.



The Konstancin-Jeziorna-based firm's board has approved the investment plan which includes constructing about 5,000km of power lines and upgrading 2,000 existing ones.



As per the plan, the company would construct a 10,400kV transmission line, four 220 kV transmission lines, ten substations, and expand 39 power stations.



Laying power cables to build cross-border lines with neighboring countries and connect new power sources to the grid ...

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Mesco Steel to Start 1.2 mn Tonne Fin...

by wireworld on 10/01/2012 - 03:03 am
Tags: Product Release, Projects

Mideast Integrated Steel Ltd (MISL), a Mesco group company having an one million tonne pig iron plant at Kalinganagar in Jajpur district of Odisha, plans to upgrade the unit to a 1.2 million tonne finished steel product facility by the end of December 2014.



“The company has begun upgrading its Kalinganagar plant into a fully integrated steel plant of 1.2 million tonne per annum (MTPA) capacity. With an investment of Rs 1,000 crore, a steel melting shop with rolling mill for rebar and wire rod is being set up,” said J K Singh, president of Mesco Group.



The expansion plan of the pig iron plant was announced in 2008, but the company had to shelve th ...

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wire & Tube China 2012 Begins with Hu...

by wireworld on 09/26/2012 - 10:15 am
Tag: Wire China

Wire China 2012 has arrived with a slurry of activity.  Thousands of visitors swelled the entrance to Wire & Tube China and embarked on a 5 Hall Journey to visit suppliers and manufacturers to the wire & cable industry. 



wire & Tube China 2012 has started with a much greater demand for booths than expected.  All booths have been sold out and an overall remarkable growth seen by the size of the overall exhibit space: the duo exhibitions will occupy 7.5 halls, covering a total of 86,500 square meters (increase by 16% compared to last edition).



Nearly 1,400 exhibitors are presenting their latest innovations at the show. 4.5 halls with ...

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Indian Firm Invests $55m In Ethiopian...

by wireworld on 09/26/2012 - 06:03 am
Tags: Press Releases, Projects

Aarti Steel Plc today inaugurated a one billion birr ($55 million) steel producing factory in Oromia Regional State, in a somewhat unusual foreign investment in the little-known Ethiopian steel-manufacturing sector.



The factory -to be based on 40,000 square metres of land in the Galan area of Oromia state, on the outskirts of capital city Addis Ababa -is the project of Indian-based diversified manufacturing company Aarti Steel Plc; a market-leading steel producer in the Asian country.



Having secured a business licence from the Ethiopian state in March of this year, the company now stands ready to launch its factory and commence production.  While the c ...

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