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Finolex Cables to set up captive 5 MW Solar Power Plant

13 Feb 2013 Evaluate

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.

Peers
Company Name CMP
Polycab India 8444.55
KEI Industries 4670.00
RR Kabel Ltd. 2737.25
Finolex Cables 1432.00
Precision Wire India 479.10
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