MHI establishes supercritical pressure boiler joint venture in India

MHI and Larsen & Toubro Limited (L&T, a major construction firm in India), signed an agreement on April 16, 2007 to jointly establish L&T MHI Boilers Private Limited. The JV is a manufacturing and sales company for supercritical pressure boilers, which are used in coal-fired power generation plants. The move is aimed at responding to rapidly growing electricity demand, in tandem with India's robust economic growth. The new company was established in April, and is slated to commence manufacturing in the second half of fiscal year 2008.

The new JV, L&T MHI Boilers, plans to have its engineering center in New Delhi, India's national capital. It will handle the full spectrum of activities relating to supercritical pressure boilers, from manufacture and sales to installation and after-sale service. L&T will manufacture under license from MHI for supercritical pressure boiler technology with generating capacities ranging between 500 - 1,000 MW.

MHI News ->http://www.mhi.co.jp/en/news/story/200704171164.html