Expansion18 Nov 2024, 05:15 pm
APAR Industries to Expand Continuous Transposed Conductor Capacity by 3x
AI Summary
APAR Industries Limited, the world's largest conductor manufacturer, has announced an expansion of its Continuous Transposed Conductor (CTC) business. The expansion will increase the total annual production capacity for CTC to 20,490 MT by 3Q FY26, which is 3 times the current levels. The company aims to cater to the increased demand available on account of focused prioritisation by Government in Power and Generation Equipment.
Key Highlights
- APAR Industries to expand CTC production capacity by 3x to 20,490 MT by 3Q FY26
- Expansion aims to cater to increased demand in Power and Generation Equipment
- 1,91,474 ckm of transmission lines and 12,74,185 MVA of transformation capacity planned to be added during 2022-32
- APAR optimistic about transmission segment prospects in India and worldwide
- Proposed expansion to augment existing market penetration in the CTC segment and synergise leadership strength in the transformer oil segment