Diamond Power Infrastructure Ltd has
acquired strategic equity stake in Maktel
Control & Systems Pvt Ltd. The acquisition,
made through DPIL's subsidiary Diamond
Transformers Ltd, will make DPIL the largest
shareholder in Varodara-headquartered
Maktel. A leading OEM for power and control
panels up to 400kV, Maktel Control &
Systems was established in 1982 by
Gujarat-based Danke Group and Mr. A.K.
Nandi, a technocrat.
Maktel currently has two manufacturing
facilities and is building a new modern unit at
Vadodara. The company's annual sales
turnover is expected to grow to Rs.100 crore,
from the current Rs.40 crore, post expansion.
Maktel currently produces control and
relay panel for use on systems up to 400kV
for feeder, transformer & capacitor bank
protection; control desk and process control
centre; generator control & relay panels;
generator breaker panels; LT panels, up to
415V, 4000A, 50KA; PCC & MCC panels;
busducts; marshalling kiosks, etc.
Once the new facility is commissioned,
Maktel's product range will extend to cover
unitized substations, ring main units and
vacuum circuit breakers.
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