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Areva T&D plans Rs.500 crore capex

Monday, 04 Aug 2008
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Areva T&D India is planning a Rs.500 crore capex by March 2009, for expansions into the power transmission and distribution sector. In the next fiscal (April 2009-March 2010), the company will add Rs.200 crore to the capex.

The company has envisioned that in the following three years, it will increase its overall market share from 15 per cent by another 20 per cent, and its share in circuit breakers and voltage transformers.

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