Prime Cable Industries Limited Secures BIS License for Solar Cable Manufacturing
Prime Cable Industries Limited has secured a license from the Bureau of Indian Standards (BIS) authorizing the manufacturing of Electric Cables designated as Solar Cables for Photovoltaic Systems. This approval pertains to a Rated Voltage of 1500 V d.c., utilizing Conductor Class 5.The facility where the company obtained this BIS license is located at C-60, RIICO Industrial Area, Ghiloth, Neemrana, Alwar 301705.
The acquisition of this BIS approval is significant as it enables the company to enter high-value government, renewable energy, and utility markets. Compliance with mandatory standards for the manufacturing of Electric Cables (Solar Cables) for Photovoltaic Systems with a rated voltage up to 1500 V d.c. and Conductor Class 5 enhances the product's reliability and performance through stringent testing and quality control mechanisms prescribed by BIS certification.
The details of the license obtained from the Bureau of Indian Standards (BIS) are summarized below:
| Particulars | Details |
|---|---|
| Name of the regulatory or license authority | Bureau of Indian Standards (BIS) |
| Approval/License Details | Manufacturing of Electric Cables (Solar Cables) for Photovoltaic Systems for Rated Voltage 1500 V d.c., with Conductor Class- Class 5 |
| Impact/Relevance | Enables entry into high-value government, renewable energy, and utility markets by complying with mandatory standards applicable to the manufacturing of Electric Cables (Solar Cables) for Photovoltaic Systems with rated voltage up to 1500 V d.c., Conductor Class 5. |
| Validity Period | 03/04/2031 |
The company, formerly known as Prime Cable Industries Pvt. Ltd., operates from units at E-894, D.S.I.I.D.C. Industrial Area, and C-60, RIICO Industrial Area, Neemrana, Narela, Delhi-110040, and Ghiloth, Alwar, Rajasthan-301705.
PRIMECAB Stock Price Movement
Today, Prime Cable Industries Limited shares rallied, closing at ₹86.25 after gaining 10.26% on the trading day. The stock movement occurred amidst total traded volume reaching 105,600 shares.Source:
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