Sterlite Electric Ltd and Spanish entity Lumiker Aplicaciones Technogicas S.L (RDT Lumiker) have announced the formation of a joint venture, Sterlumiq, for establishing a platform for development, manufacture, sales, and services of cable advanced monitoring optical solutions (CAMOS) and associated products.
Bid process coordinator PFC Consulting Ltd has newly incorporated four wholly-owned subsidiaries that will act as special purpose vehicles (SPVs) for the development of as many intrastate transmission system (InSTS) schemes, the developer of which will be selected under the tariff-based competitive bidding (TBCB) mechanism.