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Gupta Power, Mercury Cables reach agreement

Pm News Bureau ,  Friday, September 07, 2012, 17:28 Hrs  [IST]

Gupta Power Infrastructure Ltd has entered into an agreement with Mercury Cable & Energy, a USbased company having expertise in manufacturing of High Voltage Composite Reinforced Conductor ("HVCRC"), with a global market presence.

Gupta Power shall have now exclusive right over Indian market (other than one existing stranding partner in India) to manufacture & supply new age high ampacity low sag conductor which provides the best solution to acute power crisis.

A joint press release noted that GPIL will now manufacture HVCRC conductor having right to sell in Indian market under its brand name of "G TRANS ? HVCRC CONDUCTOR". This is a smart conductor offering unmatched efficiency over the conventional ACSR and AAA conductors with innumerable advantages for construction smart grid supporting the concept of green power.

The new conductor, as a replacement of conventional variants, can be strung on existing towers thereby completely avoiding right-of-way, the release added.
 
                 
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