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MACHINIST - Siemens to invest Rs.275cr on expansion of Steam Turbine Factory in Vadodara

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Home arrow News arrow Power and Energy arrow Siemens to invest Rs.275cr on expansion of Steam Turbine Factory in Vadodara

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Siemens to invest Rs.275cr on expansion of Steam Turbine Factory in Vadodara
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Written by Ganesh   
Friday, 29 May 2009

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Mumbai: Siemens Ltd. has announced an investment of Rs.275 crores for expansion at its steam turbine manufacturing facility located at Vadodara, Gujarat. The expansion program, scheduled to be complete by 2010, will triple the manufacturing capacity at the factory. The expansion program will add three production bays amounting to 14,000 sq.mts. to the existing production facility and the factory will have the capacity to manufacture Steam Turbines up to 100 MW. In addition to the domestic market, the factory will be able to strengthen its export business to Asia and Africa and Europe. The expansion program at the factory will provide additional employment to about 200 people.

Dr.Armin Bruck, Managing Director, Siemens Ltd. said, " With our commitment to partner the power sector development in India, we have continued with our investment plans even in the prevailing economic environment. We remain optimistic about the long term business potential in the country and it is, therefore, impressive to continue building on our strengths locally."

He further added, "We have established our competence in the manufacturing of smaller steam turbine in a short span of two years and this has given us the confidence to expand. Now with three times the capacity and ability to manufacture steam turbines up to 100 MW locally, we will be in a better position to cater to broader requirement of our customers."

Siemens Ltd. had set up the modern world-class steam turbine at Vadodra with an investment of Rs.30 crores, which was operational in January 2007. The setting up of a greenfield factory was announced by the company in 2006 in its 50 years of manufacturing presence in India.

Spread over an area of 60,000 square meters, the factory currently manufactures Single Stage and Multi Stage Steam Turbines up to 45 MW for Industrial applications. Conforming to international standards, the Company has established this facility as a 'Centre of Competence smaller Steam Turbines. The smaller turbines up to 15 MW are sourced from this factory by Siemens AG to cater to its requirements in Asia, Africa and even to European markets in the future.

"Over a century, Siemens has manufactured some of the most technologically advanced steam turbines in the Industry. They comply with most stringent environmental standards. In fact, Siemens steam turbines have set the industry standard with an overall efficiency of more than 48 percent and maximum reliability. The Company offers a full spectrum of 50 Hz and 60 Hz steam turbines," a statement issued by the company said.

Siemens Ltd. is the flagship listed company in India. Siemens in India, which comprises 20 legal entities, is a provider of industry and infrastructure solutions with a business volume aggregating about Rs.11,800 crores. It operates in the core business areas of industry, Energy and Health care. It has nation-wide Sales and Service network, 19 manufacturing plants, a network of around 500 channel partners and employs about 17,200 people.

 
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