MUMBAI: A joint venture company between Crompton Greaves BSE 0.58 % (CG) and Saudi Transformer Company today inaugurated its flagship factory at Dammam industrial city in the Gulf kingdom.
The JV, Saudi Power Transformers Company (SPTC) will manufacture 5,000 MVA capacity transformers at the facility. The first transformer will leave the factory by mid-April, the company said in a release here.
The joint venture, formed in 2010, has received a five -year framework contract for sub-station services, it said.
"We have built a state-of-the-art facility and employed the finest technician and engineers in the field along with the best available technology. We are ready to support Saudi customers in their quest for high quality and efficient power transformers," SPTC Chief Executive Officer Mohammed Alsamari said.
SPTC is dedicated to design, engineer and manufacture power transformers and mobile sub-stations and offers services for products installed in Saudi Arabia.
Its JV partner CG provides electrical products, systems and services for utilities, power generation, industries and consumers.
