Bangalore based MaxWatt Turbines has signed a cooperation agreement with TGM Turbinas, Brazil and its JV company TGM Kanis Turbinen to manufacture TGM range of steam turbines in India.

The partners will jointly introduce TGM Turbines in 8-20 MW rating in India. As per the agreement, initially for a few projects, TGM is likely to supply turbines from its manufacturing facility in Brazil, while MaxWatt will source AC generator and electricals and other turbine accessories locally and undertake sales management, projects engineering and contract management.

TGM Turbinas and TGM Kanis Turbinen is expected to provide proposal and sales support, project engineering support, after sales support and training of MaxWatt team on TGM turbines.

Both the partners are keen to set up JV company in future which will be owned by MaxWatt and TGM Turbinas along with TGM Kanis Turbinen. The new JV Company will then start manufacturing turbines locally and expand its product portfolio to cover the entire product range. In less than 8.0 MW capacity, MaxWatt will continue to offer its own range of steam turbines.