Hind Rectifiers Begins Copper Conductor Production for Transformers

05 Nov 2025 CW Team

Mumbai, November 3, 2025 — Hind Rectifiers a leading manufacturer of power semiconductors, power electronic equipment and railway transportation systems, has commenced commercial production of highly specialised copper conductors at its Sinnar plant.

The milestone marks the successful completion of the company’s backward integration project aimed at in-house production of Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductors (EPICC) and Paper Insulated Copper Conductors (PICC) — critical raw materials used in traction transformer manufacturing.

The project, developed with a total investment of about Rs 560 million funded through a mix of term loans and internal accruals, will help Hind Rectifiers enhance operational efficiency by streamlining its supply chain and reducing dependency on external vendors. The initiative is also expected to ensure timely supply of transformers to customers and prevent delays that previously resulted in penalties from Indian Railways.

In addition to strengthening supply reliability, the new copper conductor facility is designed to optimise costs, improve margins, and enhance long-term business sustainability and competitiveness.

Commenting on the development, Suramya Nevatia, Chairman and Managing Director, Hind Rectifiers, said, “This backward integration creates a new vertical for us. These specialised copper conductors are fast-moving products with significant export potential. With this step, we are better positioned to meet the growing demand of not only our traction transformers but also the transformer industry at large. Our copper facility will enable us to improve profitability, increase revenue, and deliver greater value to our customers and stakeholders.”

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..