PUNE, INDIA: Sterlite Technologies Ltd, a leading global provider of transmission solutions for the power and telecom industries, and CTC Cable Corp., a subsidiary of Composite Technology Corp., have announced a strategic relationship wherein Sterlite would manufacture specialty ACCC power conductors for the Indian market, using CTC’s patented ACCC conductor technology.
“Sterlite actively explores the latest technologies to make it easier, faster and more cost-effective for utility companies to build power infrastructures”, said Rajendra Mishra, COO (Power) of Sterlite Technologies.
“India needs to rapidly increase current carrying capacity on its grid, to keep pace with its economic development. ACCC conductors would offer India a unique ability to increase the current carrying capacity of existing lines and to significantly improve the overall economics on new lines.”
“Sterlite has an excellent team with great technical capabilities and its aggressive plans for high performance conductors like ACCC in the Indian market match our own. India is an important market for CTC and we are very pleased to have Sterlite as our strategic partner,” adds Stewart Ramsay, president of CTC Cable.
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