Toshiba to Make Investment of Rs 500 Core to Rise Production Capacity of Power Transmission


Toshiba to Make Investment of Rs 500 Core to Rise Production Capacity of Power Transmission

Toshiba Transmission & Distribution Systems India (TTDI) has announced a 500 core investment to enhance its power and distribution transformers production capacity by nearly 1.5 times. This will help the company fulfill the increase global demand for power transmission and distribution equipment

The investment is about to made over three years from FY2024 to FY2026, the company stated in a press.

Hirosh Furuta, Chairperson and Managing Dirctor , TTDI said, "Furthering our commitment to Make-in-India and Export-from-India, the new investment will improve operational efficiency, increase speed-to-market, and support in expanding our business in India and overseas".

Toshiba is a supplier of T&D equipment for both conventional and renewable energy sources. With India established as a center for our T&D equipment manufacturing operations and export base, TTDI has supplied India-made transformers to over 50 countries, the company stated.

With this investment, TTDI will raise its assembly and test line ability for distribution transformers and power transformers for the transmission grids and distribution networks. Its enhanced testing capacity for power transformers will represent an important upgrade in its testing capacity, explicitly geared towards expanding exports of power transformers and meeting the high demand for 400kV/765kV transformers in the Indian market.

TTDI offers a diversity of technologies for the renewable energy sector like photovoltaic (PV) inverters, power transformers, gas-insulated switchgear (GIS), and inverter duty transformers.

The company said, "Distribution transformer expansion is mainly to create a dedicated state-of-the-art facility for CRGO (Cold Rolled Grain Oriented) steel processing center to enhance the vertical integration facility which can help us to reduce the process lead time, enhancement of quality, safety, and 5S," in addition, it will develop a new manufacturing facility for surge arresters during the first half of FY2024 and the products will be commercially available in the market by the second half of the year