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Siemens, BHEL may form JV for turbines

Monday, 04 May 2009
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Siemens AG and BHEL plan to form a JV for manufacturing super critical and ultra-super critical steam turbines in India. The two companies have initiated talks to float a SPV.

According to sources, the new venture will focus on manufacturing a new range of steam turbines for domestic as well as export markets. The proposed greenfield turbines unit is expected to manufacture the entire range of super critical equipment ranging from 660 MW, 800 MW and 1000 MW turbines.

Also See:

Siemens bags contract from BHEL (15-Jan-09)

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