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TBEA Energy to act as facilitator for Chinese companies

Monday, 03 Nov 2014
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TBEA Energy India will act as a facilitator to help interested Chinese companies set up a manufacturing base in Gujarat.


TBEA will act as a facilitator to help Chinese companies to set up base in the state, especially in Karjan, near Vadodara, where the firm is setting up a Rs 2,500 crore Green Energy Park.


As part of Phase-I of its project, the company has already set up a Rs 1,000 crore ultra-high voltage transformer plant at Karjan, which was formally inaugurated by the state chief minister, Anandiben Patel, in June this year.


TBEA had acquired some additional land (to the tune of 80 to 100 acre) when it began the process of setting up its Green Energy Park, and interested companies could come up in the area, where TBEA would act as an anchor investor.

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