Vindhya Telelinks: Focus on expansion plans

The board of Vindhya Telelinks has approved a ₹32.75-crore capital expenditure plan for expansion-cum-diversification at its Rewa copper cable facility. The project will be executed in stages for manufacturing of electron beam irradiated cross-linked cables including installation of electron beam accelerators of appropriate rated capacity. Capex will be funded by a mix of internal accruals and debt. The expansion project is likely to be operational in two stages by December 2017.