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Toshiba to set up 180 crore unit in Hyderabad

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Toshiba International to set up 180 core unit in Hyderabad, Telangana. Toshiba Corporation announced that it would reinforce its transmission and distribution business in India with a 3-billion yen (approximately US $ 30 million) investment in a new production capacity at Toshiba Transmission & Distribution Systems (India) Pvt. Ltd.

In a press release issued from Tokyo, Chairman & Managing Director of the corporation’s Transmission & Distribution (T & D) vertical, Katsutoshi Toda, said that a new line for large power transformers would come on line in spring 2015, around the same time as the full-scale launch of a new line for switchgears.

toshiba_unitAlongside its existing production line of small and medium capacity transformers and low and medium voltage switchgears, the new power transformer line would support production of 765 kV transformers with a capacity of 500 MVA, while the new switchgear line would produce high voltage products.

“Toshiba is seeking to secure a 20 per cent share of the Indian market by the year 2018 and also reinforce out T & D vertical as a core production base for other major markets including Europe, ASEAN and Africa, Mr. Toda said.

India continued to record high economic growth and long-term capital investment for infrastructure was expected in key areas like electricity and transportation.

The release said Indian Government was promoting measures to increase the number 765 kV sub-stations, increasing the country’s transmission capacity five times by the year 2017. This policy was driving the demand for large power transformers and high voltage switchgear.
Source:TheHindu

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