Alstom and Bharat Forge Intend to Set Up Joint Venture
Alstom and Bharat Forge Ltd signed a shareholder's agreement which opens the way to the creation of a joint venture company based in India. The new company will manage the whole process from engineering and manufacturing to selling and commissioning state-of-the-art 600 MW to 800 MW supercritical turbine island power plant equipment in India.
The agreement is subject to government and regulatory approval.
For more information: WWW.ALSTOM.COM