Toshiba JSW Turbine and Generator, a JV between Toshiba Corporation and JSW
Group, has signed an agreement with the Japan Bank for International Cooperation
for a $90 million loan (approx Rs 420 crore) for fund its upcoming facility in
Chennai in Tamil Nadu.
The Chennai plant is likely to commence operations in early 2011. It is
expected to manufacture mid to large size steam turbines and generators.
Recently, Toshiba JSW had signed a land lease agreement with the Tamil Nadu
Government for the proposed facility.
Also See:
Toshiba JSW
plans turbine plant in Chennai (8-Jul-09)
Related Links:
Project profile