Financial Daily from THE HINDU group of publications Tuesday, May 02, 2006 |
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Corporate
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Alliances & Joint Ventures Siemens in pact with BHEL Our Bureau
Mumbai , May 1 Siemens and Bharat Heavy Electricals Ltd (BHEL) have signed a memorandum of understanding in Erlangen, Germany, for cooperation in the field of advanced power plant technology in India. The agreement makes provision for BHEL and Siemens to jointly offer and install steam turbines for power plant projects in India that involve supercritical steam conditions, said a news release. Mr Klaus Voges, Group President, Power Generation, Siemens AG, said, "Currently, India has an installed power plant capacity of 124,000 MW and by 2012, new coal-fired power plants with a combined capacity of over 38,000 MW are to be built. To fulfil this plan, large coal-fired units of varying output, including 800 MW need to be constructed." Mr J Schubert, Managing Director, Siemens Ltd., said, "We are happy to strengthen our partnership with BHEL and introduce the super critical technology for power plants of 800 MW. This will help us support the Government in its ambitious plans of providing power to all."
More Stories on : Alliances & Joint Ventures | Power | Bharat Heavy Electricals Ltd | Electrical Goods
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