CTC Global and Gupta Power Announce Their Partnership to Manufacture High Performance ACCC Conductors in India

IRVINE, Calif.--(BUSINESS WIRE)--Nov 1, 2018--Today, CTC Global and Gupta Power announced that they have established a new partnership to produce, distribute, market and sell ACCC electrical conductors in India using CTC Global’s internationally patented ACCC conductor core and settled the litigation filed by CTC Global relating to the enforcement of its patents right in India.

CTC Global will provide Gupta Power with CTC Global’s patented carbon fiber ACCC composite core in a range of sizes. Gupta Power will manufacture and deliver ACCC conductors tailored to meet the growing needs of India’s electric transmission and distribution utilities.

CTC Global’s CEO J.D. Sitton stated: “CTC has worked long and hard to develop its technology, its products and to defend its patent rights. I am pleased that Gupta Power has embraced and respected CTC’s efforts and look forward to working with Gupta Power in the coming years to deliver value-based products to serve growing customer demand in India.”

Mr. Mahendra Gupta, MD, Gupta Power added: “Our endeavour, for the past 5 decades, has been to achieve excellence in manufacturing innovative and premium quality products. We have always catered to the growing demands of our customers and consumers in the utility sector. We believe in dedicating ourselves to the service of the people. We are extremely delighted to have established a strong working relationship with CTC Global and are looking forward to extending relationships with many Indian utilities by fulfilling the growing demand for ACCC conductor.”

The agreement between CTC Global Corporation and Gupta Power marks the beginning of what is expected to be a long and successful partnership. The addition of Gupta Power to CTC Global’s growing list of international manufacturing partners will provide improved regional access and customer support for the high-performance, energy efficient ACCC conductor. ACCC conductors have already been deployed to over 600 project sites in over 50 countries to help improve the efficiency, capacity, reliability and resilience of electric power grids around the world.

About CTC Global:

CTC Global is the privately held developer, marketer and manufacturer of the patented carbon fiber composite core used in ACCC conductor - the high performance, high voltage power line solution. CTC Global serves utility and industrial companies around the world and has provided core used in well over 600 projects totaling over 65,000 kilometers of power line conductors. CTC Global is headquartered in Irvine, California. Visit www.ctcglobal.com

About Gupta Power:

With a dedicated mindset of delivering high quality products, excellent service and customer satisfaction, Gupta Power began its journey in 1961. Since then, the company has concentrated on excellence, quality and innovation. Committed to deliver smart, superior, innovative and world class products, the company has continuously evolved by embracing advanced technologies, designing the most modern manufacturing facilities and infrastructure at its plant, setting in-house laboratory and R&D division and following best sustainable practices.

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CONTACT: CTC Global

Joseph Sylvia

+1 (949) 428-8500

jsyliva@ctcglobal.com

Gupta Power Infrastructure Limited

Laxmikanta Swain

+91 (674) 231-3898 / 231-2945

laxmikanta@guptapower.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA INDIA

INDUSTRY KEYWORD: ENERGY UTILITIES OTHER ENERGY MANUFACTURING STEEL OTHER MANUFACTURING

SOURCE: CTC Global