The plant will manufacture 300-800MW subcritical and supercritical equipments with an annual capacity of 5000MW. In the future, the JV will also explore possibilities of manufacturing turbines and generators for gas-based plants and nuclear applications.
Guy Chardon, senior vice president of Alstom Power Thermal Products, said: “The Alstom Bharat Forge partnership paves the way for making India a hub for advanced power equipment manufacturing. Both organisations are committed to use their trans-continental strengths and world-class capabilities to deliver an array of advanced class generating equipment in sub and supercritical ranges in India, setting global benchmarks in reliability and efficiency.”
The arrangement between Alstom and Bharat Forge involves setting up of two JV companies – one for manufacturing of steam turbine and generators and the other for manufacturing of all the auxiliaries.
B Kalyani, chairman and managing director of Bharat Forge, said: “We are delighted to be partnering with Alstom – a global leader in high technology power equipment manufacturing. Together, we are committed to deliver advanced class power equipment to support a robust expansion of India’s power sector, critical for double digit growth of the economy.”
Construction of the plant is expected to begin by January 2010 and the plant is expected to be operational by 2013.
