Alstom T&D India, subsidiary of France-based Alstom, is eyeing more revenues from domestic power sector by targeting upcoming grid projects and will expand its transformer factory in Baroda next year to meet the demand, a senior company official said.
French firm Areva's Indian arm Areva T&D today said it has bagged a contract from Reliance Power for the execution of a solar power project.
In June 2010, Alstom Group had acquired global Areva T&D's transmission activities and changed its business name to Alstom Grid, which is now based in India under the operation control of Areva T&D India. In an interview on CNBC-TV18, Alstom Global said that it will split Areva T&D into two separate entities.