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

Policy on marginal oil & gas fields to come soon
DNMUM313866 | 8/21/2014 12:00:00 AM | Author : Dhwani Pandya | WC :377

Mumbai: The oil ministry is planning to soon come up with a policy on marginal oil and gas fields in order to enhance production from such fields, Saurabh Chandra, secretary, petroleum and natural gas, said on Wednesday, at oil and gas convention.
Add To LightboxCalculate Price

RBI sees room for housing prices to come down
DNMUM313867 | 8/21/2014 12:00:00 AM | Author : dna correspondent | WC :366

Mumbai: The Reserve Bank of India (RBI) deputy governor S S Mundra said bank lending to the real estate sector has been robust.
Speaking at a conclave organised by the National Real Estate Development Council, Mundra said, "The common refrai
Add To LightboxCalculate Price

M & M launches new tractor platform after 14 years
DNMUM313868 | 8/21/2014 12:00:00 AM | Author : Yuga Chaudhari | WC :491

Chennai: Mahindra & Mahindra (M&M) – the country's biggest tractor maker – launched a new tractor platform almost after 14 years catering to the 50-60 horsepower (hp) and above category.
The product was developed for over 3 years and the company i
Add To LightboxCalculate Price

Pharma cos gain as price-control grip loosens
DNMUM313869 | 8/21/2014 12:00:00 AM | Author : Soumonty Kanungo | WC :636

Mumbai: After a dismal performance last year, most Indian pharma companies have reported an impressive growth in domestic business in the April-June quarter on the back of price hikes.
Against an average industry growth of 8% for the quarter ende
Add To LightboxCalculate Price