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Gupta Power, Mercury Cables reach agreement
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Pm News Bureau
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Friday, September 07, 2012, 17:28 Hrs [IST] |
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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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