Leading power and automation technology provider ABB on Monday informed that the company will invest around Rs 250 crore towards setting up additional facilities in Savli near Vadodara in Gujarat. The facility is expected to be operational by the end of 2012, the company informed in a statement filed with the Bombay Stock Exchange (BSE) on Monday.
The new facilities will manufacture high-voltage power products and transformers. The expansion is a part of ABB's strategy to develop, manufacture and market products that meet the needs of Indian customers, as well as serving as an export hub, the company stated.
According to the company statement, the facilities at Savli will produce high-voltage gas-insulated switchgear (GIS) and PASS (plug and switch system) hybrid switchgear as well as dry-type and oil immersed distribution transformers.
"The new transformers factory will manufacture vacuum cast coil dry-type transformers and oil immersed distribution transformers. It will help to bridge a gap in the present product offering in India and extend the distribution transformer range up to 10 megavolt amperes (MVA), 33 kilovolts (kV). It will also enable localisation of vacuum cast coil dry-type transformers," the company informed in its filing.