# Sieyuan Electric to build $6.7M power equipment plant in India

Sieyuan Electric will invest $6.7 million to build a power equipment plant for gas insulated switchgears in Sri City, Andhra Pradesh, India. The 18-month construction project will produce 420 kV and below GIS products, targeting full-capacity operation by 2022.

- Type: New facility
- Announced: 2018-06-25
- Where: Sri City, Andhra Pradesh, India
- Value: $6.70M
- Starts operating: 2022
- Status: announced
- Products: gas insulated switchgears (GIS)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Sieyuan Electric Co., Ltd.](https://endata.com/companies/30924.md)
- [Shanghai Sieyuan High Voltage Switchgear](https://endata.com/companies/32730.md) (investor)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/sieyuan-electric-will-build-usd67-million-indian-power-equipment-plant), 2018-06-25: "This investment will help Sieyuan Electric lift its market share in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
