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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
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