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Premium Energy Transmission Limited is a part of a large industrial conglomerate The Thapars. Major group of companies include Grompton Greaves, Greaves Cotton Ltd, Ballarpur Industries etc.
Transmission Limited pioneered the manufacturing of gearboxes in
India. The first unit under the name David Brown Greaves (India), to
manufacture gearboxes in India was commissioned in the year 1960 at Pune
(Near Mumbai) in India. It was a joint venture company between Greaves
Cotton & Co limited and M/s David Brown U K. M/s Greaves Cotton & Co in
the year bought over M/s David Brown Greaves (India) in the year 1993.
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