TELK in talks with Ukrainian and Chinese companies to upgrade technology
Transformers and Electricals Kerala Ltdis now in talks with a Chinese and a Ukrainian company for a technical partner so as to be able to upgrade the existing technology to 765 Kv level.
The transformers market is down with margins considerably reduced. This caused TELK to face difficulty bagging orders.
TELK, a joint venture between NTPC and the Kerala government, have both partners deciding to place direct orders for their power transformer requirements on a negotiated basis. They have also agreed on reducing manufacturing costs and improving productivity.
It was also decided that skilled manpower will be employed to stem the crisis resulting from shortage of experienced hands. A commercial and technical feasibility report for creating a mobile repairing unit is also being prepared.