Finolex Cables in JV with J-Power of Japan

MUMBAI: Finolex Cables has entered into a joint venture agreement with J-Power Systems Corporation of Japan to offer complete turnkey solutions in extra high voltage cable systems in India and abroad.


The JV will be named Finolex J-Power Systems, and is expected to be established in January 2008 near Pune. It will manufacture and sell high voltage power cables up to 500 kV grade. The venture will also offer complete services of turnkey installation and connectorization of the complete circuit along with the supply of power cables and accessories. J-Power Systems Corporation is a Japanese cable manufacturer specialized in high voltage power cables and systems.

Deepak Chhabria, managing director of Finolex Cable, said, “This is a significant development for Finolex, as this completes our electric cables product range from the lowest voltage grade of 48 Volts in auto cable to the highest voltage of 500,000 Volts in power cable segment.”