You are here: Home >> English News & Features >> Business & Economy

TBEA to set up transformer plant near Vadodara

DNAHM44212 | 5/27/2011 | Author : DNA Money Correspondent | WC :262

The Chinese company plans to invest `2,300 crore for the plant

China's largest manufacturer of high voltage transformers, Tebian Electric Apparatus Stock Co Limited (TBEA) plans to set up high-voltage electric transformers and solar power equipment manufacturing plant near Vadodara.
A delegation of the Chinese company met chief minister Narendra Modi in Gandhinagar on Thursday, and discussed their plans for the state.
TBEA Transformer Industrial Group chairman Zhang Xin, and TBEA Shenyang Transformer group chairman Ye Jun, submitted papers related to their planned project to the chief minister. They said they were happy to participate in the state's development.
They revealed that construction work was planned to start in September, while the plant would be commissioned by September
Read full story



Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on Business & Economy

Apparel firms click on custom clothing
DNMUM326305 | 1/24/2015 12:00:00 AM | Author : Ashish K Tiwari | WC :606

Mumbai: Liked that pink shirt on your favourite fashion portal, but afraid it won't fit? Well, help's online. As consumers seek perfect fits and more personal preferences to reflect in their apparels they shop online, customised, or made to or
Add To LightboxCalculate Price

Ipca's Ratlam unit gets US FDA import alert
DNMUM326306 | 1/24/2015 12:00:00 AM | Author : dna correspondent | WC :251

Mumbai: Drug maker Ipca Laboratories on Friday said it has received an import alert for its active pharmaceutical ingredients (API) manufacturing facility at Ratlam, Madhya Pradesh, from the US Food and Drug Administration (FDA). Its shares
Add To LightboxCalculate Price

Biocon a step closer to LatAm foray
DNMUM326307 | 1/24/2015 12:00:00 AM | Author : dna correspondent | WC :585

Mumbai: Biotechnology firm Biocon plans to enter Latin American and other emerging markets for which regulatory approvals are likely to come in the coming quarters.The company posted a 13% drop in net profit at Rs 91 crore in the quarter ended
Add To LightboxCalculate Price

Govt examining pros and cons of e-tail
DNMUM326308 | 1/24/2015 12:00:00 AM | Author : dna correspondent | WC :400

New Delhi: Be it pressure from traders' bodies or RSS-affiliated outfits to curb activities of e-commerce players, the government is not taking any hurried decision on it.The commerce ministry is adopting a wait-and-watch approach before it tak
Add To LightboxCalculate Price