The JV of Toshiba-JSW is likely to begin work on its INR 1,000 crore power plant equipment manufacturing unit in Chennai by December 2009. as per report Toshiba Corporation of Japan holds 75% in the JV and the remaining 25% is with JSW Group.
The project envisages setting up a plant which will manufacture steam turbines and generators for thermal power plants with a total capacity to generate 3,000 MW. Phase I of the plant which is likely to produce only turbine blades is expected to be operational by 2011. Phase II is likely to complete in 2012.
(Sourced from http://www.steelguru.com/news/index/2009/10/12/MTE1NTQ4/Toshiba_JSW_power_plant_equipment_Chennai_JV_to_start_work_by_December.html)
Sunday, October 11, 2009
Toshiba JSW power plant equipment Chennai JV to start work by December
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