ETA Engineering soon to commission Sriperumbudur plantMarch 14th, 2008 - 5:46 pm ICT by admin
By Venkatachari Jagannathan
Chennai, March 14 (IANS) ETA Engineering Pvt Ltd, one of the country’s leading electro-mechanical contracting companies, will shortly commission its new integrated facility at Sriperumbudur near here. “Built at an outlay of Rs.300 million ($7.5 million), the new plant will manufacture industrial and commercial air conditioning equipments like air handling units, package chillers, package air conditioners, ductable split air conditioners, scroll chillers and others,” S.K. Sinha, chief executive officer of ETA told IANS.
The Rs.3.5-billion turnover company will also make the ETA brand window and split air conditioners - now imported from China - at the new facility.
Asked about the future of ETA’s existing facilities at Puduchery and Chennai, he said they would continue to operate and later get into new products like lighting and its accessories.
The move into lighting is in line with the industry trend to cash on the growing electrical contracting business, Sinha said.
Originally promoted as a three-way joint venture between the Dubai-based Emirates Trading Agency (ETA), East India Hotels Ltd (Oberoi Group) and Conwood Agencies Pvt Ltd, ETA Engineering became a wholly owned company of ETA Group last year.
Meanwhile the company has bagged an air conditioning order worth Rs.4 billion from the Delhi International Airport Pvt Ltd (DIAL).
“The order is for complete air conditioning of the proposed integrated passenger terminal (T3) and the air conditioning capacity will be 20,000 tonne,” said Sinha.
According to him, ETA would execute the project with machines made at its Pondicherry and Chennai plants and also with some outsourced equipments.
“Our order book position stands at Rs.9 billion,” he added.
The company hopes to close this fiscal with a turnover of Rs.4 billion with contracting contributing Rs.3.45 billion, services Rs.250 million and products Rs.300 million.
- Daikin India to commission room air conditioner line in July - Feb 21, 2012
- Samsung India posts $3.5 billion turnover in 2010 - Jan 20, 2011
- Ingersoll Rand launches China-made air-conditioners - Aug 14, 2012
- Panasonic India eyes Rs.25,000 crore turnover by 2015 - Jun 25, 2012
- Hitachi eyes 10 pc market share in AC segment in 2011 - Feb 03, 2011
- Hitachi to double its India turover by 2013 - Feb 09, 2011
- Ingersoll Rand India to invest $20 million - Apr 12, 2012
- 2G case: Court notice to government on property attachment - Feb 22, 2012
- BGR Energy bags order for two 300 MW power plants - Nov 17, 2011
- Panasonic India targets Rs.3,000 crore turnover - Dec 22, 2010
- Emerson Climate eyes 1.5-tonne split-AC compressor segment - May 23, 2012
- Samsung India to expand Chennai facility at Rs.350 crore - Nov 03, 2010
- Samsung to make India production hub for consumer electronics - Nov 26, 2010
- GRSE aiming at 25 percent turnover rise in FY13 - Apr 17, 2012
- Key points of order denying bail to Kanimozhi, Sharad Kumar - Jun 08, 2011
Tags: air handling units, chief executive officer, conwood, delhi international, east india, electrical contracting, eta engineering, industry trend, jagannathan, oberoi group, outlay, outsourced, owned company, passenger terminal, pondicherry, pvt ltd, sinha, split air conditioners, sriperumbudur, worth rs