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.