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.
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.