Siemens plans project in Gujarat

Siemens plans to set up a greenfield steam turbine project at Vadodara, Gujarat with an investment of Rs 300 million.

Siemens Ltd on Friday announced setting up of a greenfield steam turbine project at Vadodara, Gujarat with an investment of Rs 300 million.

HT Image

The project would provide direct employment to about 220 persons and was expected to be on stream by December 2006, company Managing Director J Schubert told reporters.

The factory will cater to the domestic market of below 150 MW and also supply turbine components to Siemens' manufacturing facilities in Europe.

This is Siemens' 50th year of manufacturing in India, and the Vadodara project will be the 15th manufacturing of the company in the country.

All components of steam turbine upto 45 MW would be manufactured locally, he said.