What is your perception about transformer market in 2015?
The transformer market is growing both nationally and internationally. EHV Power transformer market is growing rapidly along with the growth of economy of our country. As a thumb rule for power installation of per 1mw, there is a requirement for approximately 7MVA of transformers
and this translates the demand for transformer to a huge number considering that the transformers are required in Power Generation, Transmission and Distribution segments as also for replacement market in huge numbers.
What are the core areas in power sector that your company is involved in?
Prime Meiden Ltd (PML) is an Indo-Japanese joint venture company which is primarily focused into manufacturing of EHV Power Transformers upto 765 kv, EPC projects and mobile substations upto 132 kv. However, Prime Group as a whole is, a highly diversified group which has been a leading force for over 28 years in the field of high technology equipment’s & systems covering the entire spectrum of power sector including generation, distribution and transmission. We have brought into India, highly cost effective sophisticated technologies in collaboration with leading giants from across the world.
With your vast experience in power sector how do you see it emerging in the changed scenario of power in India.
The new government in our country has already recognised the importance of this sector as the key driver to the economic growth of the country. They have initiated the process of reviving the so far stalled power projects to achieve the targets capacity addition. This is surely going to trigger the demand of power transformers which we expect to start showing up from mid of coming financial year.
Could you detail about product range and services as well as your manufacturing facility?
Prime Meiden Ltd is one of the leading players in the field of Power Transformer having the most modern and state-of-the-art factory for supply of EHV Power Transformer up to 765 kV located in Special Economic Zone (SEZ), Naidupeta, district Nellore, Seemandhra the Southern State of India, spread over 100 acre of land. A fully integrated plant with an annual capacity 15,000 MVA and manufacturing capability upto 765 kV, which is proposed to be expanded to 35000 MVA per annum & upto 1200 kV makes. It has the latest and the most advanced EHV static test system from High Volt of Germany the world leaders in the field of EHV testing of power transformer since 1904 and it can test the transformers at 50 Hz as well as 60 Hz frequency systems. Fully air – conditioned and moisture controlled, the manufacturing facility also includes core lifting platform, coil up ender, horizontal and vertical winding machines, ISO static press for sizing of the coils, vapor phase drying for final dry out etc., from the world class manufacturers. The facilities also include highly sophisticated in house tank fabrication and fully air–conditioned PICC manufacturing. PML also has Automatic core Slitting machine with de-burring attachment for burr-free laminations– from Georg GmbH, Germany Automatic core cutting machine with v-notch cutting, hole piercing, step-lap joints and stacking facilities – from Georg GmbH, Germany with dedicated 10 MT EOT Crane. It also has Brockhaus test system from Germany for testing magnetic characteristics and insulation resistance of CRGO steel sheets.
Could you share features of the order procured for 90 MVA 400/132 KV single phase making 270 MVA in 3 phase bank?
These are auto transformers meant to evacuate power from a hydel plant being set up at Dickhu in Sikkim. The total quantity is 4 Nos. and the scope includes supply and installation.
What do you envision for the company in the next two years?
Our vision is to see Prime Meiden Limited as a leading Transformer manufacturer and EPC Project solution company in India with its export business expanded more particularly to the west of India, especially to the Middle East and Africa.
Do you recall any one of the best projects which involved challenges towards completion of it, also some projects being done with foreign collaboration?
There are many challenging projects we have executed in terms of short delivery and complex specifications. Our supply to Ukraine of 2 Nos. 40 MVA, 132kv class transformer was to cater to an environment at -32ºC and complying to GOST standards. Both the transformers are in operation to its full capacity for the past more than one year.
The company has been proud recipient of many awards, even you were awarded as “Young Entrepreneur of the year” during 2012. What characteristics would you ascribe for receiving such honours?
First and foremost to be a successful entrepreneur, you need to be fortunate to have a good and committed team, because no business can be successful without the collective efforts of a good team and I feel fortunate to have a very committed and hardworking team. And individually, I would say that among many others things, it is important to be realistically ambitious to achieve success in business or for that matter in any other field.
