13 November 2002 – VA Tech Transmission & Distribution (VA Tech T&D), has formed a joint venture operation with Guangzhou Yue Xin Mechanical and Electrical Group Co. Ltd. in China.

The new company, to be known as VA Tech Transmission & Distribution (Guangzhou) Ltd., is headquartered in Guangzhou in Guangdong province in the south of China. The same location is also the business domicile of VA Tech ELIN Transformer Guangzhou, a transformer joint venture established in 1997. The two companies will take advantage of the existing customer synergies.

The range of services offered will include engineering, manufacture, supply, testing, installation, and commissioning of high voltage transmission and distribution systems up to 550 kV.

The first manufacturing project for a 110 kV switching system has been scheduled for December 2002.

As early as 1979 the first 220 kV switchgear was delivered to China with the first 500 kV GIS switching system to follow in 1988.

VA Tech T&D has already received special orders for thirteen 110 kV GIS bays of the same type which will be manufactured by the JV from Donguan and Shenyang power utilities. Once the joint venture has become fully operative, standard GIS bays will be supplied to utilities and industries not only in China but all over Asia.

Klaus Brenner, Chairman of the VA Tech T&D Board, said, “This new joint venture, the only one of its kind in this high growth area of South China, will enable us to further extend our penetration of the rapidly developing market in the southern parts of China by bringing together our advanced high technology switchgear products and the extensive local expertise of our partner.”