Alstom T&D India, the Indian subsidiary of euro 20-billion global power equipment maker is aiming to achieve top-line of Rs 14,000 crore in the country’s transmission and distribution segments till 2017.
The company is hoping to achieve the same from three sets of tenders from state-owned transmission utility Powergrid Corporation for procuring equipment to boost grid health. These includes tenders for sourcing 30 static VAR compensators (SVCs) that regulate grid voltage, 1,700 phasor measurement units (PMUs) used to monitor variation in power flow and other applications to secure grid.
The company has a current order book of Rs 6,000 crore for supplies to be made in India. The company is part of Alstom Grid, a global player in electrical grids. The company’s India operations account for over 13% of overall revenues garnered by Alstom Grid’s global operations. Apart from India business, other major contributors are the operations in France, the US, Germany and China.
