Schneider Electric Infrastructure Ltd (SEIL) has planned to set up a new facility for manufacturing vacuum circuit breakers.
The board of directors of SEIL at its meeting held on September 6, 2022, has considered and approved the proposal of enhancing the company’s production capacity of vacuum interrupters and vacuum circuit breakers.
This will be achieved by setting up a new manufacturing unit in Kolkata, subject to necessary approvals.
Discussing the rationale, SEIL said that the capacity expansion would be towards meeting domestic demand as well as increasing export to Schneider Electric global entities so as to accelerate “Make in India for Global”, aligned with the Atmanirbhar Bharat initiative of the Government of India.
The existing production capacity of SEIL is 80k MV for vacuum interrupters and is being utlitised to the extent of90 per cent.
The proposed capacity expansion will be to the tune of 180k MV vacuum interrupters and MV vacuum circuit breakers, SEIL said.
The expansion programme will be spread over FY24 to FY28 with progressive investment. The first “mature production” is expected in 2025, the filing said. The capital outlay, estimated at Rs.138 crore, will be met through internal accruals and/or borrowings, SEIL said.
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Featured photograph shows a vacuum circuit breaker (VCB) of Schneider Electric and is for representation only.
