Demand for power transmission and distribution is booming..
Fundamental call for medium/long term.
Areva T&D India Ltd is one of the leading T&D Companies of the world. The Products vertical of the Company contributes substantially to its total Indian business and has a broad range of offerings in both the high voltage and the medium voltage segment.
With the recent acquisition of RITZ High Voltage instrument transformers activities and Passoni & Villa, it is a worldwide leader in this field and holds the number one market position in the
The Company reported a 75% growth in its operating profit for the quarter ended March 31, 2007. Areva is having a large order book from compnies like RPL, NALCO, GECOL etc. Recently, Madhya Pradesh Power Transmission Company Ltd (MPPTCL) — transmission and distribution electricity utility of Madhya Pradesh has awarded a contract to Areva T&D for 22 x 160 MVA 220/132/33 KV autotransformers and 4 x 100 MVA 220/33/33 kV two winding transformers, including transport and supervision of erection and commissioning. Totaling over Rs 115 crore, this is a big product package order for the Company to date.
Reinstating its strategic importance in the competing Indian SEZs market, Areva has further announced establishment of a new power transformer factories at Hosur, Tamil Nadu and Vadodara,
2 comments:
ICICI code: GECALS
listed on BSE.
stock is up , up and up. nothing can stop this
CMP 1,724.10
up by 104.00 (6.42%)
Post a Comment