The Economic Times

Proterial to set up India's 1st amorphous electrical steel plant at Sri City in Andhra

India will get its first amorphous electrical steel manufacturing plant at Sri City in Andhra Pradesh. Proterial India will invest Rs 1,350 crore to manufacture advanced amorphous metal electrical steel (Metglas) in partnership with Shirdi Sai Electricals. This material, used in distribution transformers, reduces core losses by 20-30%, significantly improving energy efficiency and curbing substantial annual electricity losses in India.