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   
Add To Lightbox
Calculate Price

More on Business & Economy

GST Bill wrangling gives jitters to India Inc
DNMUM341030 | 7/28/2015 12:00:00 AM | Author : Praveena Sharma | WC :556

New Delhi: As an important legislation like Constitution Amendment (122nd) Bill for goods and services tax (GST), apart from the land acquisition Bill and others, gets drowned in the parliament's monsoon session pandemonium, the Indian industry and e
Add To LightboxCalculate Price

Rohit Ohri quits Dentsu, set to join FCB Ulka
DNMUM341031 | 7/28/2015 12:00:00 AM | Author : A correspondent | WC :166

Former Dentsu India CEO Rohit Ohri is all set to join FCB Ulka. dna was the first to report this on Monday on along with the confirmation that Ohri had put in his papers as CEO, Denstu Asia Pacific (excluding Japan).According to reliable
Add To LightboxCalculate Price

Six foreign airlines under lens for service-tax dues
DNMUM341032 | 7/28/2015 12:00:00 AM | Author : dna correspondent | WC :137

Mumbai: At least half-a-dozen foreign airlines operating in India have come under the radar of Directorate General of Central Excise Intelligence (DGCEI) for allegedly underpaying the service tax charged from passengers on additional fare difference,
Add To LightboxCalculate Price

'Sale' may not fetch you best bargain
DNMUM341033 | 7/28/2015 12:00:00 AM | Author : Rajeshwari Adappa | WC :633

This four letter word gets most people's adrenaline pumping – SALE. Retailers knowingly play pied piper when they put up boards announcing 'Sale', which entice not only the spendthrift but also the thrifty to go shopping. The secret of the magic behi
Add To LightboxCalculate Price