SSEL aims to make new plant operational in Jul-Sep qtr, says CMD Reddy

Transformers maker Shirdi Sai Electricals Ltd (SSEL) looks to start operations at its new Rs 300 crore unit in Andhra Pradesh by the September quarter, its CMD N Viseswar Reddy said. SSEL is setting up a facility to manufacture conductors in the YSR District of Andhra Pradesh at an investment cost of Rs 300 crore, Reddy told PTI. The plant having an annual capacity of 300 tonnes is being set up over 8 acres, he said, adding that the plan is to make the plant operational by the July-September period of 2024-25. Conductors are a key element of a transmission line project. The plant is being set up in two phases. The trial production will begin by the end of this month, while the peak capacity of phase 1 (200 tonnes) will be achieved in the first quarter of the next fiscal year. Reddy further said SSEL is also into transmission EPC projects and around 50 per cent of the conductors' production will be consumed by the company's transmission business. The remaining will be sold in the

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