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Commenting on this significant achievement Mr. A.K. Dixit, CEO – Energy Sector, South Asia said, “We see a huge scope for GIS products in India as the power sector is growing at a very fast pace and there is a shortage of land. With the successful delivery of the first localized GIS, we are far ahead of other competitors in bringing high end technology for our customers. This indeed is a very proud moment for us and we constantly endeavour to bring high quality and innovative technologies to India with an emphasis on local manufacturing.”
“With the dispatch of the first locally manufactured 145 kV GIS, Siemens has brought innovative, space saving and green solutions at the doorsteps of Indian Customers. The benefits of space savings and negligible maintenance will make our customers operations more efficient and their networks more reliable, giving them the winning edge.” said Mr. Pawan Parikh, Vice President –Energy Power Transmission Division while flagging off the first truck to the destination – Adani Port at Mundra.
As the market potential for GIS is huge in India, Siemens Energy sector is fully poised to take advantage of this growing opportunity. Globally Siemens is the pioneer in GIS technology and the GIS offered by Siemens is highly reliable with low operating costs and negligible maintenance over the product life cycle of more than 25 yrs. Since the product is largely unaffected by environment conditions, the first major inspection is required only after 25 years of commissioning. The product is designed to be very compact, modular and has low space requirement and installation time. Since the levels of noise and field emission are extremely low, it is possible to integrate this switchgear even in a sensitive environment.
The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2008 (ended September 30), the Energy Sector had revenues of approximately EUR22.6 billion and received new orders totaling approximately EUR33.4 billion and posted a profit of EUR1.4 billion. On September 30, 2008, the Energy Sector had a work force of approximately 83,500.
Siemens Ltd. in which Siemens AG holds 55.18% of the capital is the flagship listed company of Siemens AG in India. Siemens in India, which comprises 19 legal entities, is a leading provider of industry and infrastructure solutions with a business volume aggregating about Rs. 12,000 crore. It operates in the core business areas of Industry, Energy and Healthcare. It has nation-wide Sales and Service network, 19 manufacturing plants, a network of around 500 channel partners and employs about 16,800 people.