On 6 January 2010, BGR Energy signed a license and technology transfer
agreement with Nooter/Eriksen (NE) of USA for the design, manufacture and sale
of a heat recovery steam generator.
The 15-year agreement grants licenses and transfers HRSG technology to BGR
and this includes the transfer of know-how, technical information and training.
NE is expected to provide marketing, sales and technical support to BGR on a
continuous basis during the agreement period. The agreement covers India, Sri
Lanka and Bangladesh.
BGR plans to set up an additional facility for HRSG equipment at its existing
factory at Panjetty near Chennai in Tamil Nadu. The investment in the new
facility is estimated at Rs 40 crore. The plant is likely to commence production
in about six months.
Also See:
BGR
Energy wins three orders worth Rs 45 cr (13-Nov-09)
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