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Home arrow News arrow Power and Energy arrow Converteam's converters manufacturing facility in Chennai to open in Q2 2011
Converteam's converters manufacturing facility in Chennai to open in Q2 2011 Print E-mail
Written by Krishna Kumar   
Wednesday, 27 April 2011
Chennai: Power conversion specialist - Converteam's converters manufacturing facility in Chennai is slated to open in the second quarter of this year. It will cater to the needs of the growing renewable energy market in India, both wind and solar.

"The opening of our converters manufacturing facility in Chennai will be a key driver for Converteam to serve the local wind and solar customers. This plant will complement our presence in India where we already have more than 500 engineers supporting Indian and global businesses," said Peter Oram, Business Director at Converteam.

The company has secured a contract from RK Wind to supply 230 full power wind turbine converters. The converters will be built and supplied from Converteam’s new manufacturing facility in Chennai. Converteam's Kidsgrove factory in the UK will supply the core technology components and power modules, in addition to the initial few converters.

"The Indian wind market is growing very fast, and is progressively moving to larger variable speed turbines where Converteam can really make the difference," said Peter Oram.

"We chose Converteam not only for their experience and proven technology in wind converters but also because of their ability to streamline our supply chain through local manufacturing and services," said Rajkumar Yadav, Chairman & Managing Director of RK Wind, part of the RS India Group. The Converters supplied by Converteam over a period of more than two years will be installed at RK Wind’s windfarms in Thirunelveli (Tamil Nadu) and Karad (Maharashtra).

Converteam has two main entities in India: Converteam India near Delhi and Converteam EDC near Chennai. The Engineering Development Centre (EDC) was created at the beginning of 2005 to provide global technical support to Converteam units located at Europe and North America, in automation, power systems, software, drafting and other support services. An International Purchasing Office (IPO) was opened in Chennai to take advantage of Leading Competitive Countries markets for the sourcing of strategic commodities.

In December 2010, Converteam was awarded a €6 million contract for major elements of electrical equipment and control systems for two geotechnical vessels under construction in India. The first vessel is due for delivery by Q2 2012 and the second vessel in Q4 2012. The award comes from Indian shipyard Tebma which is constructing the vessels on behalf of Fugro NV, the Netherlands.

The two 82.9m vessels will be constructed at Tebma's Malpe yard in south west India and will feature Converteam's diesel electric propulsion system together with their C-Series of control systems including a dual redundant dynamic position control system and a sophisticated vessel control and automation system.

In November 2010, Danieli & C SpA awarded Converteam a contract, worth in excess of €20m, for major electrical engineering products and services for a new steel plate mill in India..

The new Rourkela plate rolling facility, for Steel Authority of India (SAIL), situated in the state of Orissa in North East India, will have an initial yearly production capacity of 0.92 million tonnes of steel plate with a provision for future expansion to 1.674 million tonnes. The new Rourkela plant is expected to be fully operational in a little under three years.

Converteam India supports the engineering and commercial operations from its bases in Chennai, Mumbai, Delhi and Kolkata. The projects will also draw on Converteam’s resources in UK to deliver the engineering and manufacturing effort.

For fiscal year 2010, Converteam recorded an 85% growth in orders from its units in China, India and Brazil, capturing the accelerated expansion of these emerging economies.

In March 2011, Converteam has signed an agreement with GE pursuant to which the financial Converteam shareholders commit to sell their shares to GE. Converteam will remain an autonomous profit center and will be the center of excellence for Power Conversion within GE Energy.

 
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