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Home arrow News arrow Business News arrow Premium Energy Transmission sets up new Technology Centre in Pune
Premium Energy Transmission sets up new Technology Centre in Pune Print E-mail
Written by Sanjay   
Friday, 26 March 2010
Pune: Premium Energy Transmission Limited (PETL), a manufacturer of mechanical power transmission products and a part of the Thapar group, has set up a new technology centre in Pune which will be used for designing and developing next generation gear boxes and fluid couplings.

The technology centre has been set up with an investment of Rs 10 crore. The centre will design & develop products for both domestic and overseas markets and is expected to widen the company's product portfolio.

PETL's products include Helical & Bevel Helical Gearbox, Vertical Coal Pulverizing Mill Gearbox, Planetary Gearbox, Helical & Worm Geared Motors, Bevel Helical Cooling Tower Gearbox, Fluid Coupling both Constant and Variable speed, Extruder Gearbox, Elevators Machines etc. Apart from standard gearboxes, Premium also manufactures gearboxes & fluid coupling products to suit customer specifications.

It has four manufacturing plants in Pune, Aurangabad and Kolkata employing nearly 1000 people.

The first unit under the name David Brown Greaves (India) was commissioned in the year 1961 at Pune (Near Mumbai) to manufacture gearboxes in India. It was a joint venture company between Greaves Cotton & Co Limited and M/s David Brown UK. M/s Greaves Cotton & Co bought over this manufacturing facility (India) in the year 1993. This unit also manufacture lift machines with technical knowhow from Sicor S.p.a from Italy.

The second unit started its operation in the year 1993 at Falta - near Kolkata (India) manufactures standard worm/helical and application specific gear units.

The third unit at Aurangabad started manufacturing PEMBRIL brand fluid couplings in the year 1978 under a joint venture between M/s Fluidrive UK and Greaves Cotton & Co which was then bought over by Greaves Cotton & Co in the year 2003. This unit also manufactures Geared Motors with technical now-how from M/s Pujol-Muntala, of Spain.

The fourth unit at Aurangabad manufactures auto transmission case carburized and profile ground gears for industrial applications.

Over the next 2 years, PETL is expected to hire 150 to 200 people.

The company uses machines imported from Europe and other parts of the world such as Hofler, Klingelnberg, Anayak, Cooper, Hitachi, Lapointe, Issota, Webster & Bennet, Mitsubishi Heavy Industries Ltd. etc.

PETL’s products cater to sectors such as Material handling, Sugar mills and machine manufacturing, Iron and Steel, Passenger Lifts, Cooling Towers, Dyes & Chemical, Paints & Varnish, Cement Mill and Machine Manufacturing, Paper & Pulp, Leather and Plastics, Rubber Mill and Machine Manufacturing, Food Processing & Tea, Collieries Mines & Haulages, Pharmaceutical & Starch.

The company is targeting a double digit growth this year.

Last Updated ( Friday, 26 March 2010 )
 
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