SOURCE: Industrial Info Resources

July 11, 2008 06:30 ET

India's Ministry of Power to Expand Power Equipment Manufacturing Base, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - July 11, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In order to avoid a repeat fiasco of unattained power targets in the 11th Five-Year Plan (2007-12), India's Ministry of Power has been scouting for global players to set up manufacturing facilities for boilers, turbines and power generation equipment. The ministry is looking to achieve an addition of 78,577 megawatts (MW) in the period and is taking measures to prevent slippages that have plagued its growth targets during the last three planning periods. Several companies have expressed interest in setting up manufacturing units for power equipment India, including Toshiba Corporation (OTC:TOSBF) (Minato, Tokyo), Alstom (EPA:ALO) (Levallois-Perret, France), Bharat Heavy Electricals Limited (BHEL) (BOM:500103) (Mumbai), Larsen & Toubro (L&T) (BOM:500510) (Mumbai) and Mitsubishi Heavy Industries (TYO:7011) (Tokyo, Japan).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to or visit us online at

Related News Articles

BHEL-GE Consortium Wins $550 Million EPC Contract for 740-Megawatt Power Project in India

Indian Power Sector Focuses on Rural Electrification Projects

India Falters on Power Targets, Launches Spate of New Projects

Contact Information

  • Contact:
    Joe Govreau