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Article: Toshiba sets up switchgear JV
- Article from:
- China Daily
- Article date:
- March 4, 2002
- Author:
CopyrightCopyright 2002 China Daily. Provided by ProQuest LLC. (Hide copyright information)
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PINGDINGSHAN, Henan Province: World electric equipment leader
Toshiba Corp began operating a US$21 million joint venture here on
Saturday to produce top-class high-voltage switchgears for China's
power industry.
Henan Pinggao Toshiba High-Voltage Switchgrear Co Ltd (PTC) is a
50-50 venture with a registered capital of US$12.5 million between
Henan Pinggao Electric Co Ltd and Japan's Toshiba Corp.
It produces three kinds of electrical switches: gas-insulated
switchgears, tank-type gas circuit breakers and hybrid-type gas-
insulated switchgears, with a voltage range of 72.5 kilovolts to 550
kilovolts, said Zhang Bingwen, chairman of both PTC and Pinggao
Electric.
The joint venture targets an ...