BHEL is likely to rope in a third partner for its existing JV with the
Nuclear Power Corporation of India Ltd (NPCIL) and has initiated talks with
foreign companies, including Alstom and Siemens, for manufacturing turbines for
nuclear power plants. The third partner will be offered some equity stake in the
JV.
The company has been opting for technology tie-ups for high rating
(700/1000/1600 MW) turbine-generator sets through its JV with NPCIL. The
turbines will be manufactured at BHEL's Bhopal unit.
The JV company has also tied-up with GE-Hitachi for making nuclear reactors
and is in talks with other foreign players such as Westing House, Areva and
Toshiba for supply of nuke reactors.
Also See:
BHEL chalks out
Rs 12,000 cr investment plan (05-May-09)