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Maithan Alloys provides update on repairs for transformer at Visakhapatnam plant

Capital Market 

Likely to be repaired by January 2017

announced that said 132KV power transformer at the Company's Visakhapatnam plant is still under repair following damage due to heavy rains and floor in September 2016. The cost of repair is estimated to be around Rs 71.52 lakh. The transformer is likely to be received back from the repairer in January 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 01 2016. 14:16 IST