News Brief | October 2012
Alstom T&D India to expand Baroda unit
Alstom T&D India would invest an undisclosed amount for expanding its transformer factory in Baroda next year. Alstom Grid president Gregoire Poux-Guillaume said this would be among the highest investments it would be making in individual markets.
The subsidiary of France-based Alstom is eyeing more revenues from domestic power sector by targeting upcoming grid projects. Alstom's Baroda unit currently provides various services, including hydro manufacturing and assembly unit, high-speed balancing of all rotating equipments and is a global technology centre of the company.
Expansion is required in order to execute a recent contract from the Power Grid Corporation, worth about Rs 2,800 crore and meeting the demand of growing high-voltage direct current (HVDC) transmission lines in the country.
The Power Grid order, won by Alstom T&D in August, is a turnkey contract for setting up converter stations at Champa in Chhattisgarh and Kurukshetra in Haryana using ultra HVDC technology. The HVDC lines are used for transporting power for 800 km or more distances and carries lower transmission losses.