<p>Salzer Electronics Limited has entered into a technical licensing agreement with Austria-based Trafomodern Transformatorengesellschaft M.B.H.<br><br>Salzer will use Trafomodern’s technology and design and assistance to manufacture dry type air cooled transformers, Chokes and inductors in India. Dry type transformers is a highly specialised and technical product with applications in Medium & large UPS, renewable energy business, railways, power generation and the marine industry.<br><br>The cost of the project is around Rs 22 crore excluding the land as the company has surplus land adjacent to its existing land.<br><br>R. Doraiswamy, Managing Director, Salzer Electronics Ltd said, “Using Trafomodern's technology, we will start manufacturing of dry type transformers in India for our customers here and abroad. Currently, there are very few companies that manufacturer this product in India and most of our customers have to import these transformers.<br><br>Trafomodern is one of the leading manufacturers of dry type transformers in Europe.<br><br>Salzer will market this new product in energy management (UPS), Metro Rail, Solar Energy, Wind Energy, Industrial Segment and Marine. The estimated business value in UPS is $250 mn and the estimated business potential in solar/wind energy is $200 mn.<br><br>"Our customers have indicated that they would source the dry type transformers from us, once we start making them.” Doraiswamy added.</p>
