The Union Cabinet chaired by Prime Minister Narendra Modi, September 30, 2026, approved the Green Energy Corridor Phase-III (GEC-III) intrastate transmission system (InSTS) scheme. The tariff-based competitive bidding (TBCB) modality has been proposed for greenfield projects under the scheme.
Havells India is in the midst of significantly transforming its cable business through backward integration, capacity expansion and product diversification. At this interesting juncture, we have Manjit Singh Sethi, President & SBU Head – Cables Segment, Havells India Ltd, discussing the company’s plans in detail. As far as business outlook goes, Sethi is confident of a strong and structurally supported opportunity for the cables business, thanks to India’s continued infrastructure development, industrial investment and expansion of its power T&D network. An interview by Venugopal Pillai.