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7:59 PM

Page 34

Interview

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Transformers & Rectifiers (India) Ltd, incorporated in 1994, has

rapidly consolidated its position as a leading manufacturer of a wide

range of transformers, catering to both the domestic and

international markets. In an exclusive interaction with Electrical

Monitor, Jitendra U. Mamtora takes us through the company's

operations and growth plans. Backed by a world-class

manufacturing facility, in-house expertise and foreign collaboration,

T&R is now looking at the UHVAC 1,200kV regime with renewed

confidence. An interview by Venugopal Pillai.

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We foresee ourselves as a leader

in high-rating transformers

Jitendra U. Mamtora, Chairman,

Transformers & Rectifiers (India) Ltd

To start with, tell us about your recent 765kV transformer

PGCIL has outlined aggressive plans of augmenting its system

order from Power Grid, which we believe marks T&R's entry in

in the high rating segment. In fact, PGCIL's estimated

this EHV class.

investment outlay is expected to double in next five years to

We tied up last year with ZTR, a Ukrainian company, and

Rs.1 lakh crore with bulk of it being in the 765kV category.

started joint bidding for Power Grid Corporation of India

PGCIL is likely to order another 350 (high rating) transformers

(PGCIL) projects. This association facilitates an opportunity to

in the next three years and we expect to get our due share.

acquire technical capability and also take a more aggressive

Given India's growing investment in power T&D, how do you

competitive  stance  vis-à-vis  Chinese  and  Korean

rate the business potential for the transformer industry?

manufacturers.

We have received orders for three packages having total 33

We are quite optimistic about the Indian market which is bound

transformers and have arranged a production sharing contract

to grow. An effort to rate business potential of standalone

with ZTR that will give us a good start to enter the select group

transformer industry is likely to present a distorted image, as

of Indian 765kV transformer manufacturers.

the industry prospects need to be examined in the context of

the developments taking place in the power sector as a whole.

What is your outlook for more orders in the 765kV segment

Investmentsoutlays in the XI and XII Plan periods are Rs.10.59

from PGCIL and also from private power utilities?

trillion  and  Rs.11.35  trillion  respectively.  Generation,

34 Electrical Monitor January 2012