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Foundation stone laid for Areva's transformer unit

Monday, 02 Apr 2007
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On 01 April 2007, Chief Minister of Gujarat, Mr. Narendra Modi laid the foundation stone for Areva T&D's second high-voltage transformer manufacturing unit near Vadodara in Gujarat.

The new unit, entailing an investment of Rs.200 crore, will be the ninth unit of Areva T&D India, and its second to manufacture transformers, with the first being at Naini near Allahabad.

The company is also planning to invest around Rs.400 crore in India over a period of three years. The investment will mainly be made in setting up new plants, refurbishment of existing plants, among others.

Areva, through its Indian arm Areva T&D India, currently has eight units across the country that manufacture and supply a range of power generation equipment, systems and services for all stages in the transfer of electricity. Its product base range include generator circuit breakers, high-voltage substations and high voltage transformers.

Areva T&D aims to manufacture at least 50 large transformers a year once the first delivery is done by the end of 2008.

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