Alstom T&D eyes new business opportunities worth Rs. 15,000 crore.

Alstom T&D India, which has invested 1,000 crore in India since 2007 despite sluggish demands for power equipment, is upbeat about the market as the electricity grid is being strengthened. It has orders worth 6,100 crore for next 20-22 months.

'We decided to make India hub for Alstom's product bouquet when not many companies were upbeat about Indian market. Now, we are well equipped to offer made-in-India equipment to cater to the local market that is adding new conventional and renewable power generation capacities,' said Alstom T&D India country president and MD Rathin Basu.He said Alstom T&D India commands the largest share in the market for smart grid and relevant solutions. T&D India, an arm of French firm Alstom, today said it is eyeing new business opportunities of close to Rs. 15,000 crore in the power transmission space in India in the next 3-4 years.


ET