Jul 17, 2009

Alstom, Toshiba to set up India power units in 4 months

In a move that will give a boost to power generation in the country, private power equipment makers such as Alstom and Toshiba will set up their power manufacturing base in India in the next three-four months. This decision will help the power ministry in its objective to add 78,700 mw power generation capacity by March, 2012.

"Alstom, Toshiba, Mitsubishi Heavy Industries and others have taken land for setting up their manufacturing facilities and in three-four months these projects would become operational," power minister Sushilkumar Shinde told reporters after a meeting with power equipment makers on Thursday.

17 Jul 2009, 0018 hrs IST

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