Zinc8 Energy Solutions signed an agreement in principle with Vijai Electricals to explore joint-venture projects for deploying Zinc8's zinc-air energy storage system and potentially manufacturing components in India.
Algerian ministers laid the first stone for a new factory in Azazga, Tizi-Ouzou, to manufacture large power transformers. The joint venture between Electro-industrie and Vijai Electricals will cost 4.7 billion dinars, create 358 permanent jobs, and produce 115 units per year with a total capacity of 8300 MVA.
VijaiElectricals Algérie has selected Batimetal Engineering & Construction to build its first factory for manufacturing large power transformers (40 MVA, 400 kV) at the Electro-Industries site in Azazga, Algeria. The contract is valued at 1,660,855,133 DZD (approx. USD 12.4 million) with a 16-month construction period.
A new company formed by Sonelgaz, Electro-industries, and Vijai Electricals signed statutes for a transformer plant in Tizi Ouzou, Algeria. The plant will produce large power transformers and create 380-400 jobs, with production expected by 2021.
Algerian state-owned Electro-industrie (45%), Indian Vijai Electricals Limited (40%) and Sonelgaz (15%) signed the statutes of the joint venture Vijai Electricals Algérie to build a large power transformer manufacturing plant in Tizi Ouzou, Algeria. The plant will create 358 permanent jobs and have a capacity of 115 units per year (8,300 MVA).
Vijai Electricals El Djazair, a joint venture between Electro-industrie, Sonelgaz and Vijai Electricals Ltd, was created to build a transformer manufacturing plant in Azazga, Tizi-Ouzou. The 4.7 billion DZD investment will create 358 jobs and produce 115 units per year with total capacity of 8,300 MVA.
Electro-Industrie, Sonelgaz and Vijai Electricals signed a partnership to create Vijai Electricals Algérie, a joint venture to build a high-voltage transformer plant in Azazga, Algeria. The plant will have a capacity of 115 units per year and create 358 permanent jobs.
A partnership was signed between Indian company Vijai Electricals, Algerian company Electro-Industries, and Sonelgaz to establish a joint venture named Vijai Electricals Algeria in Azazga, Tizi Ouzou. The investment is 4.67 billion Algerian dinars, with a capital of 1.4 billion dinars. The plant will produce 115 high-power transformers per year, creating 358 permanent jobs, with a construction period of 22 months.