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Transformer makers in capex mode

EM NEWS BUREAU ,  Thursday, January 19, 2012, 15:02 Hrs  [IST]

Power transformerTo cater to the anticipated growth in demand for power transformers, several domestic players have embarked on capacity expansion plans. PME Power Solutions and Prime Electric are two prominent projects in this reckoning, according to information sourced from ProjectsToday.

PME Power Solutions (India) is investing Rs229 crore in a power transformer unit at Moradabad in Uttar Pradesh. The unit, scheduled to commission by February 2014, will produce transformers with an annual capacity of 315 MVA.

Prime Electric is in midst of setting up a large export-oriented unit in Nayadupet special economic zone, Nellore district, Andhra Pradesh. The greenfield unit is designed to produce power transformers of up to 1,000 MVA/500kV rating with an annual capacity of 10,000 MVA. The unit is expected to partly commission in the coming months.

Voltamp Transformers is also planning to set up a new unit at Haripura in Gujarat for the manufacture of distribution transformers. In Gujarat itself, two more units are coming up, including that of Chinese company TEBA (Tebian Electric Apparatus Stock Company). TEBA will make power transformers with an investment outlay of Rs250 crore. Posco-Poggen Amp Electrical Steel Pvt Ltd is also understood to be setting up a transformer unit in the western state.
 
                 
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