PRELIMINARY INFORMATION MEMORANDUM (PIM)

TRANSFORMERS AND ELECTRICALS KERALA LIMITED (TELK)

March 2004

Issued By

INDUSTRIAL DEVELOPMENT BANK OF INDIA (IDBI)-

Merchant Banking & Corporate Advisory Services Department

On behalf of Public Sector Restructuring and Internal Audit Board,

Government of Kerala

Table of Contents

	Title	Page no
DISCLAIMER		3
PART A – SUBMISSION OF EXPRESSION OF INTEREST (EoI)		4
1	Introduction	4
2	Advertisement Inviting EoI	4
3	Expression of Interest	4
4	Eligibility / Pre-qualification criteria	5
5	Initial Process	6
6	Filing Requirment	7
7	EoI filled by Consortia	7
8	Investment Vehicle	8
9	Other Compliances for Submission of EoI	8
10	Disqualification	9
11	Future Process	10
12	Modification / Cancellation	11
13	General	11
14	Governing Law / Jurisdiction / Arbitrations	12

PART B – TRANSFORMERS AND ELECTRICALS KERALA LTD		13
1	Background and History	13
2	Management	14
3	Growth of Operations	15
4	Business Review	16
5	Sales and Marketing	17
6	Manufacturing Facilities	17
7	Real Estate, Facilities and Utilities	18

PART C – FINANCIAL PERFORMANCE		58
PART D – KEY STRENGTHS		60
ANNEXURES
I	Copy of Advertisement	61
II	Expression of Interest	62
III	Statement of Legal Capacity	64
IV	Request for Qualification	65

Disclaimer

The Government of Kerala ["GoK"] intends to induct Strategic Partner ["SP"], in Transformers and Electricals Kerala Limited (TELK), Angamally South.P.O. Kerala, India. The GoK proposes to offer equity stake between 26% to 45% of the equity capital in TELK to the SP for which the funds shall be infused into TELK by the SP. (herein after referred to as the “Transaction”). Public Sector Restructuring & Internal Board (RIAB), is authorised by the Government of Kerala for implementation and RIAB has appointed Industrial Development Bank of India –Merchant Banking & Corporate Advisory Services Department (IDBI – MB&CASD) as Transaction Advisor (TA) for selection and induction of Strategic Partner (SP). . This Preliminary Information Memorandum (PIM) has been prepared on the basis of information provided by RIAB / TELK, other publicly available documents which IDBI – MB&CASD believes to be reliable, information and clarifications furnished by RIAB/TELK and discussions with the officials of RIAB/TELK. The sole objective of this PIM is to solicit Expression of Interest from interested parties for taking part in the future process leading to selection of SP. Accordingly, interested recipients of this PIM should carry out an independent assessment and analysis of TELK and of the information, facts and observations contained herein.

IDBI- MB &CASD is acting as Transaction Advisors to RIAB, GoK for the purpose of selection of strategic partner in TELK and will not regard any person (whether a recipient of this PIM or of any other information) as its client in relation to this transaction.

This PIM has not been filed, registered or approved in any jurisdiction. Recipients, of this document, resident in jurisdictions outside India should inform themselves of and observe any applicable legal requirements. This document does not constitute an offer or invitation, or solicitation of an offer, for sale of/ subscribe to equity shares or any securities nor does this document or any thing contained herein, shall form a basis of any contract or commitment whatsoever. Use of this PIM is strictly for limited circulation.

For any additional information or clarification relating to the PIM, please contact any of the following:

Mr. K. Ramaswamy

Deputy General Manager

Mr. K. Davidson

Deputy General Manager

IDBI Merchant Banking & Corporate Advisory Services Department,

14th Floor, IDBI Tower

Cuffe Parade

Mumbai – 400 005

INDIA

Tel.: +91-22- 2218 2782

Fax.:+91-22- 2218 1195

Tel.: +91-22- 2215 5739

Fax.:+91-22- 2218 1195

PART A- Submission of Expression of Interest (EoI)

1. Introduction

1.1 Government of Kerala (“GoK”) presently holds 82.46% of the total equity share capital in Transformers and Electricals Kerala Ltd.(TELK). . GoK intends to bring in a Strategic Partner(SP) vide G.O. (MS) No.55/2003/ID dated 24.05.2003 for long term growth and sustenance of the TELK, Angamally South.P.O. Kerala, India. GoK proposes to offer equity stake between 26% to 45% of the equity capital in TELK to the SP for which the funds shall be infused into TELK by the SP (herein after referred to as the “Transaction”). . Public Sector Restructuring & Internal Board (RIAB), is authorised by Government of Kerala for implementation. IDBI-MB & CASD has been appointed by RIAB as Transaction Advisors to assist RIAB for the above Transaction.

1.2 This Preliminary Information Memorandum (“PIM”) has been prepared to enable interested parties to submit their Expression of Interest (“EoI”), subject to ‘Disclaimer’ set out earlier.

1.3 For the purposes of this Transaction, the Interested Party shall ascertain the applicability of all laws including Indian laws and shall ensure compliance with the same.

1.4 Interested parties should note that in terms of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,1997, the strategic partner selected to acquire stake in TELK, may be required to make a public offer to acquire further shares of TELK in accordance with these regulations. For further details, interested parties may refer to the Securities and Exchange Board of India regulations in this regard.

2. Advertisement Inviting EoI

An advertisement has been issued in leading business / other newspapers, journals,inviting interested parties to submit their EoI to participate in the SP induction process, a copy of which is enclosed (Annexure-I). The RIAB, GoK reserves the right to terminate or alter the bidding process at any stage, without prior notice or assigning any reasons whatsoever and without incurring any liability in respect thereof.

3. Expression of Interest

The process of participating in the transaction and the requirements relating to information to be provided by interested parties when submitting their EoI is set out in the ensuing sections.

4. Eligibility Criteria

4.1 Eligibility

The EoI may be submitted by domestic / overseas company / firms or foreign incorporated entities satisfying the eligibility criteria laid down here under. The EoI can be submitted either as a sole bidder or as a consortium. In case of submission of EoI as a consortium, each of the eligibility criteria will have to be satisfied by each and every member of the consortium.

The eligibility criteria shall be as under

A. TECHNICAL

(i) An Original Equipment Manufacturer (OEM)/a consortium of OEMs, capable of offering improved technology for TELK’s existing products, upgrade and modernise the present infrastructure, and also to add other vital Extra High Voltage (EHV) equipments and installations needed for power sector both at National and International markets - (Verifiable by the certificate issued by customers).

(ii) The individual bidders/each partner of a Consortium shall have designed, manufactured, tested, installed and commissioned following 400 kV class equipments. (All the equipments shall be in successful operation for at least 5 years on the date of bid opening.) (Verifiable by the certificate issued by the customers).

a. Power Transformers, of at least 600 MVA capacity (or equivalent bank capacity of three phase units)

b. Shunt and Series Reactors upto 80 MVAR capacity.

c. Gas Insulated Substations / Switchgear equipments

(iii) The Individual bidder/each partner of a consortium shall have

a. Proven technology for higher transmission voltage of 765 kV AC equipments, Converter transformers, 400 kV Breakers and GIS and HVDC equipments and have executed such projects. (Verifiable as per the project Authority’s Certificates)

b. In house extensive R & D network to update the technology and improve the products progressively as per market demand for the products mentioned above. (Verifiable as per the details submitted by the bidder.)

c. In house testing facility for equipments manufactured In respect of special tests, the bidder shall be able to produce test reports carried out by EHV laboratories of International repute. (Verifiable by the details of equipments, organizational structure in addition to documentary evidences wherever required).

d. All products having quality standards acceptable worldwide. (The standards to which the product confirms are to be stated with documentary proof).

e. Successfully executed turnkey projects upto 400 kV class (at least 2 major projects) and above and HVDC stations of 500 kV class. All such projects shall be in satisfactory operation for at least three years as on date of bid opening.

f. In general the Bidder shall be a World-class major undertaking / brand holder in HV/EHV Electrical equipments sector known for their products and active presence for at least past 25 years.

All the above eligibility criteria will be evaluated and the qualified interested parties will be finalized by a Technical Committee constituted for the purpose and their decision will be final.

B. FINANCIAL

The individual bidders/each partner of a consortium shall have

(i) Annual turnover of not less than Indian Rupees 4000 million or equivalent US Dollars during each financial year out of which the latest finalized date is not earlier than March 31, 2003.

(ii) Net worth should not be less than Indian Rupees 2000 million or equivalent US Dollars as per the audited annual accounts out of which the latest finalized date is not earlier than March 31, 2003.

(iii) At present running business in the HV / EHV Sector on profitable lines based on audited accounts out of which the latest finalized date is not earlier than March 31, 2003.

4.2 Where the financial statements are expressed in currency other than Indian Rupee, the eligible amount as described above shall be computed by taking the equivalent US Dollars at the exchange rates (as stipulated by FEDAI ) prevailing on the date of such financial statements.

4.3 The requirements cited above will have to be met on the basis of a financial year comprising continuous period of twelve calendar months and in the event of financial statements exceeding such period, the same shall be arrived at on an annualised basis.

5. Initial Process

5.1 Interested parties may respond to this PIM by submitting an EoI Package comprising an Expression of Interest, a Statement of Legal Capacity and a Request for Qualification in formats specified in Annexures II, III and IV.

5.2 The EoI Package received in accordance with the terms and conditions described herein will be evaluated based on the eligilbility criteria and such of those, interested parties who are deemed to be qualified (“Qualified Interested Parties” or “QIPs”) will be allowed to participate in the subsequent selection process (without conferring any right or expectation whatsoever to the QIPs).

5.3 Following signing of a Confidentiality Agreement (“CA”) by duly authorized personnel, QIPs will be provided with the Bid Packet comprising the Confidential Information Memorandum (“CIM”) and the Request for Proposal (“RFP”) and will be invited to participate further in the process as detailed in the RFP. Such QIPs will also be furnished with further information and draft contract documents which will be finalized prior to seeking the financial bid.

6. Filing Requirement

6.1 Interested parties must submit, in duplicate, their EoI accompanied by a Statement of Legal Capacity and Request for Qualification (“RFQ”), as per the formats given in Annexures II, III & IV of this PIM. (hereinafter referred to as (“the EoI Package.”)

6.2 The EoI package must be submitted duly signed an authorized representative of the interested party. In the case of a consortium, each member of the consortium will have to complete EoI package duly signed by an authorized representative of the respective member of the consortium.

6.3 All EoI Packages must be in English and each copy shall be bound in a separate volume. Submission of the aforesaid documents by fax, e-mail or other electronic means will not be acceptable. It is the responsibility of the interested party (ies) alone to ensure that its EoI with required documents is delivered at the address given below by the stated time and date. The sealed envelope containing the aforesaid documents should be clearly marked “Expression of Interest - TELK”. Neither the RIAB-GoK nor TELK nor IDBI-MB&CASD or any of their respective officers, employees, advisors or agents shall be responsible for non-receipt of correspondence.

6.4 A non-refundable fee of Rs.20,000/- (Rupees twenty thousand only) or equivalent US Dollars shall be payable by way of a bank draft along with the EoI. The draft shall be drawn in favour of Public Sector Restructuring & Internal Audit Board (RIAB) payable at Thiruvananthapuram, Kerala, India.

6.5 The EoI package along with the fee should be received by not later than 1700 Hrs. (Indian Standard Time) on May 10, 2004” at the following address:

The General Manager,

Industrial Development Bank of India,

Panampally Nagar, P.B.No.4253, Kochi – 682 036

Kerala, India

7 EOI filed by Consortium

7.1 The leader of the consortium will have to be designated and all members shall furnish their consent to join the consortium led by the designated leader.

7.2 Any change in the composition of the consortium at any time during the Transaction will require prior consent of the authorities advertising for EoI. The leader of the consortium cannot be changed in any case.

7.3 A consortium will be disqualified from the process in the event of withdrawal of the leader of the consortium or in the event the consent for change in composition of the consortium is either not sought and received or not permitted.

8. Investment Vehicle

8.1 No Investment Vehicle and / or Special Purpose Vehicle shall be eligible or permitted.

9. Other Compliances for submission of Expression of Interest.

9.1 The Government of India issued guidelines for qualification of bidders seeking to acquire any public sector enterprises through the process of disinvestment vide Department of Disinvestment Circular OM No.6/4/2001-DD-II and subsequent amendments, if any. The interested party (ies) is (are) required to read the guidelines and satisfy themselves that they are qualified to bid for the stake in TELK through this Transaction. The interested party(ies) would be required to submit the following along with the EoI package:

� an undertaking to the effect that they are qualified to bid for the stake in TELK

� an undertaking to the effect that no investigation by a regulatory authority is pending against them.

� In case any investigation is pending against the concern or its sister concern or against its CEO or any of its Directors/Managers/employees, full details of such investigation including the name of the investigating agency, the charge/offence for which the investigation has been launched, name and designation of persons against whom the investigation has been launched and other relevant information should be disclosed, to the satisfaction of the RIAB-GoK.

� Provide other relevant information as required in the guidelines of the Government of India.

9.2 The RFQ duly filled in will be accompanied by the following details:

9.2.1 In case of a sole bidder

a) The audited balance sheet and profit & loss account of the Interested Party (Indian company/ foreign company) for the last 3 financial years in support of their meeting the eligibility criteria.

b) Write-up on:

� Profile of the Interested Party

� A statement of reasons for strategic interest in TELK

� Details of litigation and/or legal/ statutory enquiry if any, including litigation by the Interested party against TELK.

� Statement as regards any indictment by any income tax, sales tax, customs or excise authorities.

c) Document evidencing authorization / delegation of power to enable the authorized signatory to sign the EoI

d) Any other information considered material

9.2.2 In case of a consortium bid

b) The audited balance sheet and profit & loss account for the last 3 financial years of the leader of the consortium and each of the other members associated in the bid in support of their meeting the eligibility criteria.

b) Write-up on:

� Profile of the leader and each member

� A statement of reasons for strategic interest in TELK

� Details of litigation and/or legal/ statutory enquiry if any, including litigation by the Interested party against TELK.

� Statement as regards any indictment by any income tax, sales tax, customs or excise authorities.

c) Document evidencing authorization / delegation of power to enable the authorized signatory to sign the EoI

� Any other information considered material

d) Consent of the member to join the consortium with designated leader

10. Disqualification

10.1 An EoI which is found to be incomplete in content and/or attachments and/or authentication, etc. will not be considered for qualification.

10.2 Without prejudice to any other rights or remedies available, a sole bidder or a consortium may be disqualified and its EoI dropped from further consideration for any reason whatsoever including those listed below:

� misrepresentation by the bidder or any member of the consortium; or

� failure by the parties mentioned above to provide necessary and sufficient information required to be provided in the EoI, along with the Statement of Legal Capacity and RFQ, pursuant to relevant sections of the PIM; or

� submission of an EoI along with Statement of Legal Capacity and RFQ in respect of any entity/company/consortium, where such company or any member of such consortium has already submitted an EoI.

� Non receipt of the fee of Indian Rupees 20,000/- or equivalent US Dollars

10.3 If information becomes known which would have entitled for rejection or disqualification of the interested party(ies) the right to reject or disqualify the interested party(ies) can be exercised at the time, or at any time after, such information becomes known.

10.4 Where the interested party is a consortium, the entire consortium will be disqualified for any of the reasons (but not limited to) set out above, even if it applies to only one member of the consortium.

10.5 GoI has issued guidelines for disqualification of bidders seeking to acquire any public sector enterprises through the process of disinvestment vide Department of Disinvestment Circular OM No.6/4/2001-DD-II. Interested party(ies) not satisfying the qualification criteria under the guidelines will not be qualified to bid for the stake in TELK.

10.6 The interested parties not satisfying the eligibility and requisite qualification criteria specified in the above sections are not eligible to bid for the stake in TELK.

10.7 The sole bidder, lead bidder, member of a consortium and the consortium as a whole not satisfying the eligibility and requisite qualification criteria specified in the above sections are not eligible. It must be noted that the sole bidder, lead bidder, member of a consortium and the consortium as a whole must be eligible, as per the criteria mentioned above, on the date of submission of the EoI and shall continue to be eligible throughout the Transaction.

11. Future Process

11.1 Based on the EoI submitted by the interested parties, an evaluation of the qualification of such interested parties will be carried out by an appropriately constituted technical committee. If at any time during the evaluation process, RIAB / IDBI-MB&CASD requires any clarification in order to carry out the evaluation, it reserves the right to request such information from any or all of the companies/ consortium and the companies/ consortium will be obliged to respond to any reasonable request for such information and to supply the same to IDBI-MB&CASD within such reasonable time frame as IDBI-MB&CASD may require.

11.2 Based on an evaluation of EoIs received, interested parties, which meet with all the eligibility criteria will be qualified (“Qualified Interested Parties” or “QIP”) and invited to participate in the further selection process (without conferring any right or expectation whatsoever to QIPs). QIPs will be required to sign a Confidentiality Agreement (“CA”) by the duly authorized personnel. QIPs will be provided with the Request For Proposal (RFP) and the Confidential Information Memorandum (CIM) and shall be invited to participate further in the process described in detail in the RFP. QIPs will get an opportunity to conduct due diligence and take up plant visits and will also have access to data rooms and hold discussions with the concerned officials. The rules regarding access to information in the data rooms will be provided to QIPs later. QIPs will then be invited to submit their proposal and a binding price bid.

11.3The selection of interested parties, who have been deemed to meet with the eligibility criteria, as Qualified Interested Parties will be at the sole discretion of RIAB and decision of RIAB with regard to the selection of QIPs will be final.

11.4The process / selection and induction will be governed by various provisions relating to Sick Industrial Companies Act, 1985

12. Modification / Cancellation

� RIAB/GoK reserve the right to withdraw from the process or any part thereof, to accept or reject any or all offers at any stage of the process and/or modify the process or any part thereof or to vary any terms at any time without assigning any reason whatsoever.

� RIAB /GoK reserves the sole right to refuse any or all bids without assigning any reasons thereof

� RIAB / GoK reserves the right to proceed / cancel with the bidding procedure irrespective of the response to its invitation

� In any such an event no financial obligation whatsoever shall accrue to the RIAB/GoK or TELK or IDBI-MB& CASD or any of their respective officers, employees, advisors or agents.

13. General

1. The last date for submission of the EoI package may be extended at the discretion of RIAB

2. This Preliminary Information Memorandum (“PIM”) along with its enclosures does not constitute any commitment on the part of the RIAB, GoK or TELK or IDBI-MB&CASD or any of their respective officers, employees, advisors or agents, whether in respect of the Transaction or otherwise. Furthermore, this invitation confers neither any right nor expectation to any party to participate in the said process

3. Any recipient of PIM who wishes to seek further information / clarifications relating to the contents of this PIM may forward the same in writing to the attention of designated officials of TA. Any clarification / further information deemed appropriate to be furnished will be done solely through an addendum to the PIM by posting the same on the websites where the PIM has been made available. Such addenda if any shall be posted any time / various occasion but not later than 5 days prior to the last date for submission of EoI package. No individual correspondence will be sent to any one in this regard and the interested parties are advised to refer to the websites periodically. The RIAB / TA reserves the right, in their sole discretion, not to respond to any questions raised or provide clarification sought, if it is considered that it would be inappropriate to do so. Nothing in this section shall be taken or read as compelling or requiring the RIAB / TA to respond to any question or to provide any clarification. No extension of any time and date referred to in this PIM shall be granted on the basis or grounds that the RIAB / TA has not responded to any question/ provided any clarification.

14. Governing Law/Jurisdiction/Arbitrations

The laws of Union of India shall govern all matters relating to the Transaction and the bidding procedure. Only Courts at Ernakulam, Kerala, India (with exclusion of all other Courts) shall have the jurisdiction to decide or adjudicate on any matter, which may arise out of or in connection with this Transaction / bidding process.

PART B - Transformers and Electricals Kerala Ltd

Name : Transformers and Electricals Kerala Limited (“TELK” or “the Company”)

Registered Office : ANGAMALLY SOUTH P.O

ERNAKULAM DISTRICT

KERALA, INDIA, PIN - 683 573

Year of incorporation : 1963

Liaison Office : KERALA

Regional Offices : New Delhi, Madras.

1. Background & History

1.1 TELK was established in 1963 as a joint venture by Kerala Government, Kerala State Industrial Development Corporation Limited and M/s.Hitachi Limited, Japan for the manufacture and selling of heavy electrical equipments. TELK has only one manufacturing unit which is located at Angamally in Ernakulam District in Kerala, India.

1.2 TELK started its commercial production in 1966 by supplying a 4 MVA, 66/11kV Power Transformer to Kerala State Electricity Board. TELK was the first Company in the country to manufacture Power Transformers of 400 kV class, 600MVA Generator Transformers for 500MW Thermal Power Stations and 630 MVA generator transformers for Nuclear Power Station, Extra High Voltage SF6 Gas Circuit Breakers of 400kV and 220kV class.

1.3 TELK was referred to BIFR in 1995, as the networth of the company was negative and BIFR declared TELK as a sick company in 1995. As the sanctioned Rehabilitation Package of 1997 could not succeed in full, the BIFR in its latest review hearing held on 04/09/2003, ordered for a change of management and orally directed the Operating Agency – M/s.State Bank of Travancore to advertise for change of management within 15 days of the date of hearing. Aggrieved by the above direction, Company has obtained a stay of the operations of BIFR order till January 21, 2004. At the hearing held on January 21, 2004, the High Court of Delhi has granted extension of stay till 21-07-2004 for enabling the respondents to file replies.

The Share holding pattern of the company as on March 31,2003 was as follows:

Shareholders

%Stake

Government of Kerala

Hitachi, Japan

K S I D C

Financial Institutions

Public

82.46

7.66

3.62

3.57

2.69

Total

100.00

Sources: Company

2. Management

The Board of Directors are nominated by the GoK to manage the company. There are presently 11 directors including the Chairman and the Managing Director. Senior executives posted at the corporate office and the plants manage the day to day affairs of the company.

The directors on the Board of TELK as on 11-03-04 are as follows:

Name

Designation

1. Shri T.P. Imbichammad, (Chairman)

Unit Nos.5,52 & 53, SDF II,

Madras Export Processing Zone,

Tambaram, Chennai

2. Shri U.K. Velayudhan,

Addl Secretary to Govt.,

Industries Department, Secretariat.

Thiruvananthapuram

3. Shri T.K.Rajamma,

Joint Secretary to Govt.,

Finance Department,

Govt. of Kerala, Secretariat,

Thiruvananthapuram

4. Shri V.N.P. Nair,

General Manager,

Industrial Development Bank of India,

Panampilly Nagar, Kochi-682036

5. Shri K.S. Mohanan,

General Manager ( C & I & IB),

State Bank of Travancore,

Head Office, Poojappura,

Thiruvananthapuram-695 012

6. Shri S.A. Bohra,

Sr. Ex. Director (Technical),

Nuclear Power Corporation,

Vikram Sarabhai Bhavan, Anushakti Nagar,

Mumbai-400 094.

7. Shri G. Maheen Aboobacker,

Maliyeckal House,

K.C. Lane, Kamaleswaram,

Manacaud. P.O.,

Thiruvananthapuram

8. Shri N. Ravindranath,

Managing Director,

Transformers and Electricals Kerala Limited,

Angamally South.P.O. – 683 573,

Ernakulam District.

9. Shri C. Abdulla,

Member (Distribution)

Kerala State Electricity Board,

Vydyuthi Bhavanam, Pattom,

Thiruvananthapuram-695004.

10. Shri M.M. Abdul Basheer,

XI/20, Chembakassery Jn.,

Aluva 683 101.

11. Shri M.G. Rajagopal,

Chief Electrical Inspector,

Office of the Electrical Inspectorate,

Government of Kerala

Thiruvananthapuram.

1. Industrialist

2. Addl. Secretary to Govt.

3. Joint Secretary to Govt.

4. General Manager

5. General Manager (C&I & IB)

6. Sr. Ex. Director (Technical)

7. Retd. Govt. Official

8. Managing Director

9. Member (Distribution)

10. Industrialist

11. Chief Electrical Inspector

3. Growth of Operations

3.1 In 1966 TELK commissioned its commercial production by supplying a 4 MVA, 66/11kV Power Transformer to Kerala State Electricity Board. and First 220 kV class transformer was made in 1969 and 400 kV class in 1977. Maximum unit size went up from 4 MVA to 50 MVA (1969), 140 MVA (1974), 260 MVA (1980) and then to 315 MVA (1984). Maximum single phase Transformer bank rating also increased from 180 MVA (1970) to 250 MVA (1977), 450 MVA (1978) , 600MVA (1982) and then to 630 MVA ( 2002 ).

TELK was the first Company in the country to manufacture Power Transformers of 400 kV class, 600MVA Generator Transformers for 500MW Thermal Power Stations and 630 MVA generator transformers for Nuclear Power Station, Extra High Voltage SF6 Gas Circuit Breakers of 400kV and 220kV class.

3.2 In 1968, TELK commenced Production of Voltage and Current Transformers, and has supplied thousands of Instrument Transformers in the voltage range 33 kV-420 kV to various Electricity Boards and Power Utilities in India and abroad. Product range was further widened by adding new items like Condenser Bushings, On Load Tap Changers, Circuit Breakers, Shunt Reactors and Isolated Phase Bus Ducts.

3.3 TELK has been certified as an ISO 9001 accredited company by IRQA in 1994. TELK’s Project Engineering Division is one of the first such Divisions of any Company in India to have got certified under ISO 9000 series. The Company now conform to ISO 9001 – 2000 version certified by IQNet and KEMA Netherlands.

3.4 TELK first exported its products to Tanzania in 1971 by supplying two 50 MVA, 132 kV Transformers. Immediately thereafter products were exported to Malawi, Cambodia, Iran and Nepal. In 1990s TELK re-vamped its export activities and exported five Transformers to Oman and nine 330 kV Gas Circuit Breakers to Nigeria in 1994. This was followed by a number of export contracts executed to various countries such as Indonesia, Malaysia, Sultanate of Oman, Nigeria, Mauritius, Singapore, Bangladesh etc. A total of about 4000 MVA Transformers of various ratings upto 100 MVA unit capacity manufactured by TELK are in service abroad.

3.5 TELK set up a Project Engineering Division in 1985 for undertaking turn-key Contracts of Electrification jobs. This unit handles turn-key construction of Substations, Installation and Commissioning of Hydroelectric Power Stations and also offer technical services and Consultancy to TELK’s customers and other Industries. With a strong engineering base and long experience in erection and commissioning of Transmission equipments, TELK can give total service to their customers in turn-key projects. TELK is now fully geared up to offer complete Extra High Voltage Substations on a turn-key basis, from concept to commissioning.

3.6 Customer service plays a key role for success of any business. The timely repair and condition monitoring of transformers and other substation equipments are becoming more and more vital today. With the objective of utilising our strength and technical capability in the manufacture of heavy electrical equipment to the maximum, we have formed a Customer Service Division which is entrusted with total responsibility of Marketing, Engineering, Planning, Procurement and manufacturing activity connected to Service Function. Providing services, requires least material investment compared to manufacturing activities. Testing and manufacturing facilities available at TELK can be additionally utilised for repairs which is more profitable also.

4. Business Overview

4.1 TELK has acquired good reputation for the manufacture and supply of various HV and EHV equipments required for Power Projects. As the Products of TELK are meant for Power Projects, the demand for TELK’s Product is a derived demand based on the addition of Electric Power Generating capacity and development of Transmission and Distribution System in the country. Electric Power is a basic input for growth and development of any country and it is an essential ingredient for improving the standard of living of the people.

4.2 In India, the per capita consumption of Electricity is very low and the Government has taken aggressive measures to enhance the Power Development in India. The 10^th Five Year plan of India for the period ending March 2007 envisages an addition of over 41,000 MW. The capacity is further expected to undergo exponential growth during the next three five year plan periods and an increase in generating capacity of the order of 160,000 MW is expected. As such, phenomenal growth in demand is expected for HV and EHV Electrical Products required for Generation, Transmission and Distribution of Electric Power in India. In addition to the existing Product range of TELK, there is good scope for entering into new products.

5. Sales & Marketing

5.1 TELK has got Regional Offices in New Delhi and Madras for giving better service to customers. Prompt and efficient “After Sales Service” is provided by well experienced Senior Engineers, who also supervise the erection and commissioning of TELK equipment at various sites all over India.

6. Manufacturing Facilities

6.1 TELK is multi product heavy equipment manufacturing company with forty years presence and has established its brand image in India. The present installed capacity of TELK is 4500MVA Power Transformers per annuam. TELK’s manufacturing facilities are as follows.

a. Land

The production facility is located at Angamally, 2kM from the city center on the side of National Highway No.47. Angamally is just 5 kms from Cochin International Airport, 40 kM from Cochin Sea port and 0.3 km from Angamally Railway station. Thus TELK is well connected by Rail, Road, Ship and Air. The facility is housed in a total area of 44.2 Hectre. (400,000 Square Metre)

b. Building

The plant Is located on the side of National High way with factory building of 30,000 sq metre plinth area and administration building of 2679 sq .metre area. Detailed lay out of factory building is given in the Exhibit 4. All the buildings are steel and RCC type.

c. Plant and Machinery

TELK ‘s plant at Angamally is equipped with the complete facility for manufacture of its complete range of products. In particular, test facility for quality monitoring at different stages , routine test facility for all its products and type test facility for its major products are also available. List of equipment includes:

� Core Slitting line

� Vertical winding Machines

� Glass Binding machine for Core

� Hydraulic press

� Condenser bushing taping machine

� Vacuum plants

� Oil filteration plant

� Boilers

� Drying chambers

� Capacitor Bank

� High frequency Generator

� Three million Volt Impulse Generator

� 800kV Cascade transformer

d. Technical Collaboration

The company was incorporated with technical and financial collaboration with M/s.Hitachi Ltd, Japan. The technical collaboration is now not existing, but M/s.Hitachi is still holding stakes, which they are ready to sell off.

e. Man Power

As on January 01, 2004 there are 1257 employees on permanent rolls of the Company including Executives and Supervisors .

The category wise list of employees are given below:

Category	Numbers
Senior Management	4
Executives & Supervisors	240
Office Staff	151
Workmen	862
Total	1,257

7. Real Estate, Facilities and Utilities

7.1 The details of real estate, facilities and utilities are given as exhibit 1 to 6.

LIST OF EXHIBITS

EXHIBIT NO	TITTLE	NO OF PAGES
EXHIBIT 1	LOCATION AND SITE	2
EXHIBIT 2	PLANT AND EQUIPMENT CAPACITY	18
EXHIBIT 3	TEST FACILITIES	15
EXHIBIT 4	PLANT LAY OUT	2
EXHIBIT 5	CRANE (EOT) CAPACITY IN EACH SHOP AND MAXIMUM LIFT HEIGHT	1
EXHIBIT 6	TELK PRODUCTS	2

EXHIBIT 1

LOCATION AND SITE

A. Distance
	1.	City	Cochin	35 kms
	2.	Railway station	Angamally	0.3 km
	3.	Airport (International)	Cochin (Nedumbassery)	5 kms
	4.	Road – NH47	Abutting TELK campus

B. Land
	1	Area (Land)	44.2103 hectre
	2	Factory (building	30,084 sq.metre
		Office and Administration	2679 sq.metre
	3	Shape	Attached lay out
	4	Access	Indicated above
	5	Contamination	Nil
	6	Soil quality	Hard laterite

C. Connections
	1	Power	KSEB 66 kV (own sub station) and self generation
	2	Water	Potable water from State Water Authority
	3	Gas (oxygen, Acetylene Nitrogen, SF6 }	Local purchase and import
	4	Steam	Self generation
	5	Disposal	Treated canteen effluent
	6	Communication	Telephone, Fax, Internet

D. Buildings
	1	Layout/Plan	Attached sketch
	2	Age	20 to 40 years
	3	Construction type	Steel and RCC
	4	Crane capacity & hook height	Attached details .(Exhibit 5)
	5	Max. door width and height	5m x 6m (rolling shutter

E Infrastructure
	1.	Railway siding	Yes – Limit 28.5 Tons (Axle load
	2.	Access to road	Yes – Limit 20 Tons (Axle load

F. Energy Supply
	1	Electricity feeder	KSEB 66kV – 2000 kVA Self Generation 11kV, 1.8 MVA
	2	Compressed air	22.6M³/minute
	3	Technical gases	Local purchase
	4	Steam	Self generation 2.5 T/hr

G. Mobile Service Equipment
		Vacuum pump and oil purifier	6 kilo litre/h – 2 Nos
		SF6 Gas filling equipment	1 No.

EXHIBIT 2

PLANT AND EQUIPMENT CAPACITY

CONTENTS

Sl. No.	Title	Page No.
1	OIL AND DRYING	23
2	CI/PB SHOP	24
3	CORE SHOP	25
4	IPB SHOP	27
5	PWS SHOP	28
6	ASSEMBLY SHOP	29
7	MACHINE SHOP	30
8	400 kV CT/BG	34
9	A/B SHOP (CT/PT/BG)	35
10	CARPENTARY SHOP	36
11	GCB SHOP	36
12	GENERAL	37

1. OIL & DRYING

Name	Capacity / Size	Qty	Make
D1 tank	Dim. 4450 dia x 4500 height (round)	1	JAPANESE
D2 tank	Dim. 6500 (L) x 3100 (W) x 3750 (H) (Oval)	1	INDIAN

Balzer vacuum pump	Pumping capacity 3300 m³/hour Maximum vacuum 0.01 torr	2	GERMAN
High vacuum set	Maximum vacuum 0.05 torr	4	JAPANESE
John Fowler vacuum pump	Maximum vacuum 0.01 mbar	1	-DO-

Toshniwall vacuum pump		1	INDIAN

Katto purifier	Capacity 10000 L/hr	1	JAPANESE
Nitto purifier	Capacity 10000 L/hr	1
VPI purifier	Capacity 6000 L/hr	1	-DO-
Nitto purifier	Capacity 4000 L/hr (in N shop)	1
Nitto purifier	Capacity 2000 L/hr (in A1 shop)	1	-DO-

Oil filter	Capacity 10000 L/hour	1
Oil filter	Capacity 6000 L/hr		-DO-

Hot air blower	Heater elements steam	2	INDIAN
	Electrical	1	-DO-

Dry air generator	Outlet air temp.25 � 5�C, humidity <10% at 30�C, capacity 150 m3/hr	1	INDIAN

Steam chambers	Temperature 50 �5�C (cementing)	2

Air compressor	Max. pressure 6 kg/cm²	5

Oil tank	Capacity 40 kL	3
Oil tank	Capacity 45 kL	2
Oil tank	Capacity 60 kL	1
Oil tank	Capacity 70 kL	1

2. COIL WINDING & INSULTION SHOP

Name

Capacity / size

Qty

313

Make

Vertical winding machine

Hor.wdg.

Machine

Drying chamber

Cylinder machine

Crane

Heat press(HE/F/01)

PB cutting m/c

PC/F/01

PB scarfing m/c PS/F/01

Shear

1. SH/F/06

2. SH/F/05

3. SH/F/04

Band saw

PB press

(PP/F/01,02,03)

drilling machine, DRF/F/5

Circular cutting M/c.(PF/F/01)

Crane

Butt welding machine

Clamp ring taping machine

Min. Dia 990 mm

Max. Di 2500 mm

Height 3000 mm

Weight of coil 8000 kg

Max. 3t

Temperature 100�C

max. L 3000 mm

Min/max dia 400/3000 mm

Max. 15T/3T

min.thickness – 15 mm

min. thickness – 5 mm

max. length – 2000 mm,

thickness – 4 mm

max. length – 2430 mm, thickness – 6.4 mm

max –50t,40t

max – 220m

5 T

3 T

Japanese

INDIAN

Eskay

Anteep

Indian

3. CORE SHOP
Name		Capacity / size	Qty	Make
Scotchply Binding machine Erection jig Crane GSL ASL MSL – 1 MSL – 2 MSL - 3	Max. dia 1850 mm Max. weight 150t Max. stack ht 1300 mm Max. core length 8050 mm Max. core height 4000 mm Mukund 100T/20T max in Chithram 100T/20T tandem 182T Hitachi 50 T/10T WMI 30T/5T WMI 5T WMI 3T Max width 1000 mm No. of slit w/o grind – 5 No. of slit with grind – 3 Capacity 3 t Max. width 600 mm Length 300 – 3500 mm Max width 550 mm (45 � only) Max length (L1) 3800 mm Maximum width 500 mm (40/45/50� only) Max. length (L1) 4000 mm Max. width 500 mm (90/40/45/50�)		1 1 1 1 1 1 1 1 1 1 1 1 1	KASHIMA, JAPAN INDIAN INDIAN -Do- Japanese - - - -

CORE SHOP (Contd..)

Name

Capacity / size

Qty

Make

MSL – 4

MSL – 5

Square shears

Deburring machine

CT core winding machine

CT core annealing furnaces

Cont. annealing furnace

Weighing machine

Punching press (notch)

Punching press (hole)

Weighing scale

Max. width 690 mm ( 45� only)

Max. length 3800 mm

Max. width 600 mm in 40�

Max. width 800 mm in 45�

Max. width 650 mm in 50�

Max. width 900 mm

Max. width 1250 mm

Max. width 1000 mm

Max. width 1250 mm

1. Max. width 650 mm (min thick 0.27 mm)

2. Max. width 850 mm

1. Max dia 600 mm

2. Max dia 750 mm

1. Small (Temp 800�C)

Max dia 550 mm

2. Large (temp 1200�C)

Max dia 800 mm

Capacity 3000 kg

Capacity 5Ts

Max. notch size 225 x 225

Max. sheet thickness 3.12 mm

Stroke 40 mm, pressure 10t

Capacity 5 Ts

Indian Sanyo, Japan

NFK, UK

YAMATO, JAPAN

IPA Pvt.Ltd., India

4. IPB SHOP

Name

Capacity/size

Qty

(Nos)

Make

Air plazma cutting machine

Edge beveling machine

Plate rolling machine

Mig welding set

Ador tig welding set

Radial drilling machine

Plate shear

Bending roll

Plasma cutter

EOT cranes

Painting booth

50 mm (max)

50 mm (max) (30, 37.5, 45)

20 x 2500 mm ( 200 min)

400 A

350 A AC, 250 A DC

50 mm (max)

1 mm thick sheet

5 x 1500 mm

Argon

5 Ts

Plazma, Pune

Mukat

Himalaya, Baroda

Advani Oerlikon

INDIAN

Energy, HMT

Indian/German

5. PLATE WORK SHOP

Name

Capacity

Qty

Make

Plainer

Vertical lathe

Heavy duty drilling m/c

400T press

300Tpress

10Tpress

hydraulic pump

annealing

pattern cutting

Angle shear

Gas cutting

Gap shear

Bending rolls

Surface plate

Band saw

Bending press

Power hack saw

Grit blast

Crane

900 x 3000 mm plates

max dia x 1350 mm

upto 72 dia for levelling plates

upto 20t x 3000mm MS plate bending

upto 10t small plate bending

30 kg/cm²

600�C

max size 800 x 600 mm

Angle upto 90 x 90 x 6

Upto 100 x 2500 x 6000 MS plate

Upto 6t x 3030mm long MS plate

12t x 3030 mm (min dia 400 mm)

6t x 1000mm (min dia 200 mm)

Max. size 4880 x 9380 mm

Upto 10 B pipe cutting

Angle cutting 90� upto 6 B pipe

Upto 6t x 2000mm long MS plate

220 mm dia rods

max. tank size 10m x 4m x 4m (LxBxH)

WMI 25 T/5T

WMI 10 Ts

WMI 5 Ts

WMI 2 Ts

JAPANESE/INDIAN

-do-

6. TRANSFORMER ASSEMBLY SHOP

Name

Capacity / size

Qty

Make

A/C chamber

Gasket cut machine

Crimping tool

Hydraulic jack pumping unit

Hydraulic foot operated jack

Pneumatic wrench set

Inside dim. 11m x 7m x 6m (L x B x H)

1. Max dia 350 mm

2. Straight cutting machine

Max area of conductor 325 mm²

TELK

Japan

7. MACHINE SHOP

Name

PLANT AND EQUIPMENT

Qty

Make

Vertical lathe

Horizontal lathe (14 ft)

Horizontal lathe (12 ft)

Horizontal lathe (EP type 1)

Horizontal lathe (EP type 2 ~ 5)

Horizontal lathe LB – 25

Horizontal lathe H – 22

Turret lathe

(LT – 22/TP)

Japanese

Indian

MACHINE SHOP (Contd..)

Name

Capacity

Qty

Make

RL1 lathe

LB – 17 lathe

LT 20 lathe

Threading capacity

Pitch (mm)

Milling machine (horizontal) FN 2U

Milling machine (horizontal) M2/H

Centre ht 175 mm

Distance between center – 200 mm

Power – 3.8 Kw

Centre ht 170 mm

Distance between center – 700 mm

Power – 7.62 kW

Centre ht 200 mm

Distance between center – 1000 mm

Power – 2.2 kW

0.40, 0.45, 0.50, 0.60, 0.625, 0.70, 0.75, 0.80, 0.875, 0.90, 1.00, 1.10, 1.125, 1.20, 1.25, 1.30, 1.375, 1.40, 1.50, 1.60, 1.625, 1.75, 1.80, 2.0, 2.2, 2.25, 2.375, 2.4, 2.5, 2.75, 2.8, 3, 3.2, 3.25, 3.5, 3.6, 4, 4.4, 4.5, 4.75, 5, 5.5, 6, 6.5, 7, 8, 9, 10, 12, 14, 15, 16, 18, 19, 20, 22, 24, 26, 28, 32, 36, 38, 40, 44, 48, 52, 56.

Table size – 1520 x 310 mm

Longitudinal traverse - 850 mm

Cross traverse - 260 mm

Table size – 1100 x 310 mm

Longitudinal traverse - 650 mm

Cross traverse - 235 mm

Table size – 1600 x 380 mm

Longitudinal traverse - 1120 mm

Cross traverse - 315 mm

INDIAN

-do-

EXHIBIT – 2 PLANT AND EQUIPMENT CAPACITY

Page 10 of 16

MACHINE SHOP (Contd..)

Name

Capacity

Qty

Make

Milling machine (vertical) (FN3V)

Milling machine vertical (M3V)

Milling machine vertical (MTR)

Milling machine vertical

(MAKINO)

Milling machine vertical (FA3V)

Milling machine M3H

Boring machine

(HBJ)

Table size – 1600 x 355 mm

Longitudinal traverse - 1200 mm

Vertical traverse - 425 mm

Power – 10.5 kW

Table size – 1600 x 360 mm

Longitudinal traverse - 1120 mm

Vertical traverse - 315 mm

Power – 8.6 kW

Table size – 1062 x 228 mm

Longitudinal traverse - 760 mm

Vertical traverse - 225 mm

Power – 2.2 kW

Table size – 1100 x 250 mm

Longitudinal traverse - 550 mm

Vertical traverse - 350 mm

Power – 2.2 kW

Table size – 1250 x 300 mm

Longitudinal traverse - 800 mm

Vertical traverse - 265 mm

Power – 4.8 kW

Table size – 1260 x 1400 mm

Longitudinal traverse - 1750 mm

Cross traverse - 1750 mm

Power – 15 kW

Japanese

Indian

Japanese

Indian

INDIAN

Japanese

MACHINE SHOP (Contd..)

Name

Capacity / size

Qty

Make

Boring machine (HMT) – HBI

Drilling machine RD1/RM62/

BVR5

Slotter

Shaper

Surface grinder

Crane

Tool & Cutter

Grinder

Table size – 700 x 800 mm

Longitudinal traverse - 1000 mm

Spindle - dia 75 mm

Power – 7.5 kW

Drill capacity in steel 75 mm dia (max)

Spindle centre to column dist. 1715 mm

Max. height of work 1450 mm

Power – 7 kW/5.5 kW/5.5 kW

Table dia 280 mm

Stroke 340 mm

Longitudinal traverse 160 mm

Cross traverse 90 mm

Power – 2.2 kW

Stroke length 600 mm

Table movement longitudinal 580 mm

Vertical 330 mm

Tool post movement 120 mm

Swivel angle 90�

Table size 590 x 340 mm

Power – 2.2 kW

Max. grinding length 600 mm

Max grinding width 250 mm

Table size 230 x 600 mm

Spindle centre ht from table surface 390 mm

Power – 4.4 kW

Max 5 T

3 T

Indian

Japanese

Indian

Japanese

Indian

Japanese

INDIAN

8. 400 kV CT/BG SHOP

Name

Capacity / size

Qty

Make

400 kV bushing tapping machine

Equilizer pipe insulation machine

Drying chamber

Crane

Length 4500 mm

Min/max dia 100/350 mm

Lead 15.04 mm/revolution

Vertical

Horizontal

10T/3T

9. A/B SHOP (CT/PT/BG)

Name

Capacity / size

Qty

Make

Crane

Bushing taping machine

Paper slitting machine

Drying chambers

PT winding machine

Conductor spool winding machine

EOT crane

4000 mm long

3650 mm long

2650 mm long

Maximum length of roll 300 mm

5.1 x 2.7 x 4.75 m

5.1 x 2.2 x 3.5 m

3 T/1T

2 T

10 CARPENTARY SHOP

Name

Capacity / size

Qty

Make

Plainer machine 1

Plainer machine 2

Band saw

Radial drilling machine

Slotter

Gas handling equipment

Welding positioner

EOT crane

Max. thick 160mm max width 300 mm

Max. thick 248 mm, max width 460 mm

Max height 300 mm

11. Gas Circuit Breaker Shop

10 T

5 T

3 T

Indian

-do-

12. GENERAL

Name

Capacity/Size

Qty

Make

Diesel generator

”

Diesel loco

Waggons

Compressors

Boilers

Fork lifts

7.5 kVA diesel generator

1800 kVA Diesel generator set

170 hp/1800 rpm, rail gauge 5” 6”

180T BWZ capacity 182.8T ref. Dwg.No.TK 405657,

90T BWH capacity 92t. Ref.dwg.No.TK 406187

EH 379 2t/hr, 10.5 kg/cm², Max pressure

7 kg/cm², Capacity 5.66 cub.m/min

K 379 2T/hr, 10.5 kg/cm²,

K 427 2.5T/hr, 10.5kg/cm²,

K 593 1.5T/hr, 10 kg/cm²

3 Ts

Super king

ALCO

IAEC

Western work

LAKSHMI

VOLTAS

Sound level : Ambient in D/E shop 61 to 69 dB (A scale)

EXHIBIT 3

TEST FACILITIES

I.	POWER TRANSFORMERS
	A.	ROUTINE TESTS
		(i)	Measurement of winding resistance
			*	Constant current D.C source (Takasago Seisakusho Co.Ltd. Japan) Voltage or
				current can be put in constant mode and the set values are maintained
				irrespective of supply or load variations.
			*	55 Nos. lead-acid storage batteries(AMCO make)
			*	Rectifier unit (E.Ruttonsha Pvt. Ltd. Bombay)
			*	D.C. Voltmeter 0-0.1/0.3/1/3 V, 0.5 class(YEW make)
			*	D.C. Voltmeter 0-1/3/10/30 V, 0.5 class(YEW make)
			*	D.C. Voltmeter 0-30/75/150/300 V0.2 class(H&B make)
			*	D.C Ammeter 0-0.3/1/3 A 0.5 class(YEW make)
			*	D.C Ammeter 0-0.1/0.3/1/3 A 0.5 class(YEW make)
			*	D.C Ammeter 0-1/3/10/30 A 0.5 class(YEW make)
			*	D.C. Ammeter 0-3/6 A 0.2 class(H&B make)
			*	Kelvin's double bridge - 0.2 class , YEW make
		(ii)	Measurement of voltage ratio and checking of voltage vector relationship
			*	Ratio comparator -Keihin Densokki Co. Ltd., Japan Ratio error -0 to + 2.2%
				of set ratio Range of ratio : 0.01 to 111.1
			*	Ratio meter - ELTEL make
				Ratio error – 0 - + 0.6%,Phase angle error -0-5.5CR
				Range of ratio :0.8 -2021
			*	3 - Phase induction regulator
				Voltage output variable from 0 to 100%

	*	Voltmeters A.C - 0-75-150-300 V - 0.5 class (YEW make)
		0-75-150V - 0.5 class (YEW make)
		0-30-75V - 0.5 class (YEW make)

(iii)	Insulation resistance
	*	Motor operated insulation tester 0.5 kV to 5kV make MEGGER INSTRUMENTS Ltd.
	*	Hand-operated 2 kV megger - HITACHI make
	*	Hand-operated 1 kV megger - HITACHI make
(iv)	Measurement of Impedance voltage, load loss, no load loss and no load current
	*	1.95 MVA x 3 Source transformer 3.3/11/22 kV with taps on HV - HITACHI make
	*	3 MVAx3 Source transformer 3.3/22/44kV with taps on HV - TELK make
	*	Induction regulator 3.3kV + 40% - HITACHI Make
	*	Step less voltage regulator - Brentford Electric Ltd., England 1400 V to 3300 V
	*	Ammeter of 0.5 class accuracy - YEW make
	*	Voltmeter of 0.5 class accuracy - YEW make
	*	Voltage transformers of various ratios of accuracy class - 0.5
	*	Current transformers of various ratios of accuracy class - 0.5
	*	Precision wattmeter of 0.5 class accuracy - H&B make, German
	*	Capacitor bank - 44MVAR
(v)	Induced over voltage withstand test
	*	1000 kVA 200 Hz Motor Generator set - HITACHI make
	*	250 kVA 200 Hz Motor Generator set - HITACHI make
	*	Peak value voltmeter - 0-900 kV, HAEFELY make, Switzerland
	*	Sphere gaps for voltage calibration : 1000mm, 500 mm, 250mm, 125 mm Diameters

		*	Reactors-1000 kVAR,200 kVAR
	(vi)	Separate source voltage withstand test
		*	4/150 kV transformer - HITACHI make
		*	1 f regulator -150 kVA,3300/0-4000V,EMCO make
	(vii)	Partial discharge measurement
		*	Partial discharge detector ERA model V - F.C.Robinson & Co.London .
		*	Step wave generator - Robinson Electric Instruments.

	(viii)	Capacitance and tan δ measurement
		*	High voltage tan δ and capacitance measuring bridge : Tettex AG - Zurich make
		*	10 kV Std.Capacitor -1000pF,NESSIN E.C make
		*	Portable Tan δ and capacitance test set, ANDO Electricals, Japan.
B	TYPE TEST
	(i)	Lightning and Switching Impulse voltage withstand test
		*	3000 kV 112 kJ impulse generator - Hitachi make
		*	Haefely & Tektronix make oscilloscopes with high speed polaroid cameras .
		*	Potential divider - 1800 kV Resistance type divider
		*	Load capacitors -5000 pF,14500 pF, Nichicon make
		*	Sphere gaps for calibration - 1000 mm & 125 mm dia meter Haefely/Hitachi make
		*	High resolution impulse analyser (HIAS - 742-2)
	(ii)	Temperature rise test
		*	Equipments for (iv) + (i) of transformer routine test
		*	Temperature measurement-Multichannel temperature recorders - make HITACHI
			and YEW
	(iii)	Measurement of Acuostic noise level
		*	Sound level meter – Bruel and Kjaer, Denmark Measuring range - 0 to 130 dB
		*	Sound level meter – Japan Electronic Co. Ltd, Japan
			Measuring range - 35 to 130 dB

	C	SPECIAL TESTS
		(i)	Vacuum withstand test for completed transformer
			*	High vacuum pumps to get 0.001 mm Hg.
			*	Vaccum guage - MECLEOD ,Japan
		(ii)	Measurement of Zero sequence impedence
			*	Single phase induction regulator : 200 kVA, 0-660V/3300 + 660 V
			*	Ammeter : 0-1/5 A, 0.5 class YEW make
			*	Voltmeter : 0-150/300V 0.5 class YEW make
II	REACTORS
		(i )	Loss measurement by bridge method
			*	Special purpose high accuracy schering bridge with isolation and filter
				equipment - make Tettex-AG
		(ii)	Acoustic Noice level
			*	Sound level meter - Bruel and Kjaer, Denmark
				Measuring range - 0 to 130 dB
			*	Sound level meter - Japan Electronic Co.Ltd.Japan
				Measuring range - 35 to 130 dB
			Other equipments and instruments mentioned for POWER TRANSFORMERS are available for REACTORS also

III.		SPECIAL FACILITIES
		(i)	Measurement of Surge distribution, Surge transfer at low voltage
			*	Haefely Recurrent surge generator - HAEFELY make
			*	Dual trace oscilloscope- PHILIPS make
		(ii)	Very low resistance measurement
			(Contact resistance etc.)
			*	Precision double bridge.
				Measuring range 0.1 m ohm-111.1 Wmake YEW Japan
			*	Micro ohm meter - make ELTEL, India

		Measuring range 1 micro ohm W to 199.9 micro ohm
(iii)	Temperature measurement
	*	Temperature recorder with thermocouples
		Plots temperature in ^◦C Vs time in hr. graph for 12 different measuring points
		simultaneously. HITACHI & YEW make, Japan.
	*	High precision D.C potentiometer type 2727 make YEW, JAPAN
	*	Copper constantan thermocouples.

(iv)	Oil laboratory
	(A)	Electric strength
	*	B.D.V Test set - SIEMENS make
	(B)	Dielectric dissipation factor
	*	Dielectric constant & tan δ test set -ELTEL make
	(C)	Total Acidity

	(D)	Water content
	*	Karl Fischer apparatus
	(E)	Inter facial tension by Interfacial Tensiometer- KRUSS make,Hamburg

	(F)	SK value

	(V)	Core test
	*	Epstine Test Set for measurement of specific loss
(vi)	Flaw detection Test
	*	Ultrasonic flaw detector
		Make - Electronic Corporation of India Ltd. and VIBRONICS.

		(vii)	Coating Thickness measurement on Ferrous base
			*	Minitector thickness guage - make ELKOMETER
			*	Shore Hardeness Tester for mesaurement of rubber hardness
		(viii)	Tensile,Compressive & Bending Strength Measurement
			*	Universal Testing Machine 0-30 Tonnes - Tokyo Kisoki make
			*	Small Capacity load tester - 0-500 kG - Tokyo Kisoki make
		(ix)	Hardness Test
			*	Hardness Testing Machine - make FIE
			*	Shore hardness Tester for measurement of rubber hardness make TESSA Japan.

		(x)	INSTRUMENTS FOR PROCESS CONTROL
			*	Vacuum gauge - Showa,Japan
			*	Tan delta meter - Ando Electric Co. Ltd, Japan
			*	Hygrometer - Shin Megura Keiki Co. Japan
			*	Thermistor recorders - JEC Japan
			*	Super megohm meter - TOA Electronics, Japan
			*	Barometer - S.YOSHINO, Tokyo
			*	Dewpointer - ALNOR
IV.	INSTRUMENT TRANSFORMERS
	A	ROUTINE TESTS
		(i)	Polarity check
			*	1.5V cell,DC milliammeter 0-100mA
		(ii)	Measurement of insulation resistance
			*	2 kV megger, Hitachi make
		(iii)	Determination of ratio and phase angle error
			*	Digital Instrument transformer Comparator - OLMAN make
			*	Instrument transformer Comparator - K.D.K, Japan

EXHIBIT 3 – TEST FACILITIES

Page 6 of 16

			*	Standard Current transformer -Make KDK Japan. Accuracy class 0.1 in JIS
				Range-20000-15000- 10000/5 A
			*	Standard Current transformer -Make KDK Japan. Accuracy class 0.1 in JIS
				Range-5000-4000-3000- 2000-1000/5 A
			*	Standard Current transformer -Make KDK Japan. Accuracy class 0.1 in JIS
				Range-2000-1500- 1200-1000-750-600-500-400-300-250-200-100-50-40-30-20-15-10-5/5
			*	Standard Auxiliary CT - Make KDK Japan.
				Accuracy class 0.1 in JIS Range- 5-4/1 A
			*	Standard potential transformers - 220, 132, 66, 33 & 11 kV
				Accuracy class 0.1
			*	Std.Auxiliary PT -Make KDK Japan.
				Accuracy class 0.1 in JIS Range-0.01-161.1 V
			*	Current source for 5000A
			*	Automatic CT/PT test set - ELTEL
		(iv)	Exciting current measurement
			*	Milliammeter - 0 to 20/50/100/200 mA, YEW make
			*	Constant Impedence Ammeter - 0 to 0.25/0.5/1/2.5/5/10 A, KDK make
			*	Voltmeter - 0 to 75/150/300 V, YEW make
			*	Source Transformer - 5 kVA,TELK make
			*	Measuring PT - 11000-6600/110V, HITACHI make
		(v)	Over voltage inter turn test
			*	Facilities described under IV A (iv)
			*	High frequency Generator - 200 Hz
		(vi)	High voltage test on primary windings
			*	800 kV Cascade transformer -FERRANTI make
			*	500 kV Cascade transformer -FERRANTI make
			*	250 kV,50 kVA transformer -TELK make
			*	100 kV,50 kVA transformer -TELK make
			*	Frequency Generator - 250kVA,200Hz,make UNELEC
			*	Frequency converter - 800V,11A,200Hz,make AEEC
		(vii)	Measurement of partial discharge
			*	ERA discharge detector model V - F.C. Robinson & Co. London
			*	Step wave generator - Robinson Electronic Instruments, England
		(viii	Measurement of capacitance and tan delta
			*	Tan delta and capacitance test set -Tettex A.G.
			*	Standard capacitance 100 pF- 200 kV, 100 pF-500 kV,
	B.	TYPE TESTS
		(i )	Lightning and switching Impulse voltage withstand test
			*	Facilities described under I B (i) of Transformer tests.
		(ii)	Very low resistance measurement
			*	Micro Ohm Meter -ELTEL make,0-2000mW/200mW.
				Constant current Generator with millivoltmeters & shunt for current and voltage drop
				measurement.
			*	12 channel Temperature recorder - Hitachi make
			*	Std. CT - 5000-4000-3000-2000-1000/5 A
			*	Source CT
		(iii)	Visible Discharge Test
	C.	SPECIAL TESTS
		(i)	Measurement of RIV
			*	RIV meter -KYORITSU, Japan
			*	Oscillator-KYORITSU, Japan
			*	Coupling capacitor - 800 kV,1000 pF,MICAFIL make
		(ii)	Chopped lighting and switching impulse test
			*	Facilities described under I B (i)
V.	ON LOAD TAP CHANGERS
	A.	ROUTINE TESTS
		(i)	Operation sequence measurement
			*	Visigraph - SAW-EI make
			*	Photocorder -YEW make
		(ii)	Dielectric test
			*	800 kV Cascaded transformer
			*	250 kV Testing Transformer
		(iii)	Power frequency A.C test on control circuit and driving mechanism
			*	230 V/2kV testing transformer
			*	2 kV test set
		(iv)	Oil tightness test

		(v)	Resistance measurement of contacts and transition resistors.
			*	Wheatstone's bridge - YEW make
			*	Constant current generator - TAKASAYO make
			*	Micro ohm meter - ELTEL make
	B	TYPE TESTS
		(i)	Temperature rise of current carrying parts
		(ii)	Lightning Impulse voltage withstand test
VI.	CIRCUIT BREAKERS
	A.	ROUTINE TESTS
		(i)	Measurement of opening and closing time.
			Opening and closing speed.
			*	Visigraph - SAW-EI make, Japan
			*	Autoscan measuring system - SCOPE, INDIA
		(ii)	Minimum pickup voltage check of tripping/closing coils
			*	Induction regulator
			*	Variable DC source
			*	DC Voltmeter 0-75/150/300 V - make YEW
		(iii)	Measurement of resistance of tripping and closing coils
			*	Wheatstone's bridge - Accuracy class 0.5 - make YEW, Japan
		(iv)	Milli volt drop test
			*	D.C Milli voltmeter-0-50 mV,0.5 class - YEW make
			*	Current shunt to measure upto 150 A,0.2 class -YEW make
			*	Micro ammeter -YEW make
			*	Micro ohm meter - ELTEL make
		(v)	Power frequency voltage withstand test
			*	800kV CascadeTrasformer - FERRANTI make
			*	4.4kV/110 V PT
			*	Voltmeter A.C - 0-150 V,make YEW
			*	0-5kV test set- A.E make
		(vi)	Leak test
			*	Halogen gas leak detector - SUZUKI KASAKUSA make,Japan
		(vii)	Capacitance measurement
			*	Tan delta capacitance test set - ANDO Electricals, Japan
	B.	TYPE TESTS
		(i)	Lightning and switching impulse voltage withstand test
			*	Impulse Generator and accessories as described in I B (i)
VII.	CONDENSER BUSHINGS
	A.	ROUTINE TESTS
		(i)	Measurement of tan delta and capacitance
			*	High voltage tans and capacitance measuring bridge Tettex AG - Zurich make
			*	Standard Capacitor - 500 kV,100 pF ,MICAFIL make
			*	Standard Capacitor - 200 kV,100 pF ,HITACHI make
			*	Cascade transformer- 500 kV,FERRANTI make
		(ii)	Dry power frequency withstand voltage test
			*	Testing transformers and accessories as described earlier under IV A (vi)
		(iii)	Measurement of P.D level
			*	ERA discharge detector as described under power transformers - I A(vii)
		(iv)	Power frequency withstand voltage test of the voltage test tap Insulation
			*	230V/2 kV testing transformer
			*	0-5kV test set
		(v)	Tests for leakage of internal filling
			*	Nitrogen gas high pressure cylinder
			*	Pressure gauge
		(vi)	Tightness test of fixing flange


	B.	TYPE TESTS
		(i)	Dry lightning impulse withstand voltage test
			*	Impulse generator and accessories as described in I B (i).
		(ii)	Switching impulse withstand voltage test
			*	Reactors and capacitors for wave form adjustment.
			*	Facilities as described under I B (i)
		(iii)	Temperature rise test
			*	Temperature measurement facilities as described earlier in III(iii)
			*	Current source for 5000A
		(iv)	Thermal stability
			*	Source CT - 5000 A to 1 A
			*	Testing transformer
			*	Schering bridge - YEW make
			*	Thermometers
		(v)	Cantiliver load withstand test
			*	Spring balance
	C.	SPECIAL TESTS
		(i)	RIV Measurement
			*	RIV test set - KYORITSU,Japan
			*	Oscillator - KYORITSU,Japan
		(ii)	Visible discharge test
			*	Testing transformer and accessories as under IV A (vi)
VIII.	ISOLATED PHASE BUS DUCT
	A.	ROUTINE TEST
		(i)	Power frequency voltage withstand test
			*	Testing transformer - 50 kV,Hitachi make
			*	Induction Regulator - 0-440 V, 19A

PART A- Submission of Expression of Interest (EoI)

7 EOI filed by Consortium

8. Investment Vehicle

9. Other Compliances for submission of Expression of Interest.

12. Modification / Cancellation

13. General

PART B - Transformers and Electricals Kerala Ltd

1. Background & History

3. Growth of Operations

5. Sales & Marketing

7. Real Estate, Facilities and Utilities

LIST OF EXHIBITS

LOCATION AND SITE

PLANT AND EQUIPMENT CAPACITY

Title

Page No.

1

2

3

4

5

6

7

8

9

10

11

Name

Capacity / Size

Qty

Make

Name

Capacity / size

Qty

Qty

Make

Name

Capacity / size

Qty

Make

CORE SHOP (Contd..)

Name

Capacity / size

Qty

Make

4. IPB SHOP

Name

Capacity/size

Qty

(Nos)

Make

Name

Capacity

Qty

Make

Angle upto 90 x 90 x 6

JAPANESE/INDIAN

Name

Capacity / size

Qty

Make

Name

PLANT AND EQUIPMENT

Qty

Make

Name

Capacity

Qty

Make

RL1 lathe

Name

Capacity

Qty

Make

Name

Capacity / size

Qty

Make

Crane

Name

EH 379 2t/hr, 10.5 kg/cm², Max pressure

7 kg/cm², Capacity 5.66 cub.m/min