Indian power

News

Mitsubishi Heavy Industries and Larsen & Toubro of India are to jointly establish a company to manufacture and sell steam turbines and generators.

Mitsubishi Heavy Industries (MHI) and Larsen & Toubro (L&T) of India are to jointly establish a company to manufacture and sell steam turbines and generators - equipment used in coal-fired power generation plants.

The joint venture, L&T-MHI Turbine Generators, will be established in December, with manufacturing slated to commence in May 2009.

The new company will manufacture, sell and provide after-sale service for steam turbines and generators for the Indian market. MHI will license its design and manufacturing technologies for supercritical pressure steam turbines with generating capacities of 500-1,000MW, and for 150 and 300MW steam turbines used in gas and steam turbine combined-cycle power generation systems.

Of the $75m joint venture, MHI will own 39 percent while L&T will own 51 percent. Mitsubishi Electric will also make a 10 percent investment.

The joint venture has been formed as a result of L&T's goals to enter the large-scale thermal power generation system business in a move to expand its business.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.  

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox

Register
Or continue by

Signing in with your registered email address