Finolex Cables has received an approval to set up a captive 5 MW Solar Power Plant at its manufacturing facilities at Urse in Pune at an estimated cost of Rs 40 crore. The company’s board gave their approval for the same at meeting held on February 13, 2013.
Finolex Cables is part of the diversified Finolex Group. The company manufactures wide range of cables such as PVC insulated electrical cables, Flameguard - FRLS cables, auto and battery cables, PVC winding wires, jelly-filled telephone cables, LAN cables, switchboard cables. It is India's largest and leading manufacturer of electrical and telecommunication cables.