L&T-MHI joint venture commences production

Larsen & Toubro (L&T) has informed the Bombay Stock Exchange that it would be investing about Rs 3,600 crore in the power equipment manufacturing units in India.

In the meanwhile, L&T’s joint ventures in the power sector with Mitsubishi Heavy Industries (MHI) and Mitsubishi Electric Corporation (MELCO) have started production of turbine generators and boilers at the recently set up factories in Hazira, Surat. Both the factories are located within the integrated power equipment manufacturing complex that is spread over 800 acres. Each factory can produce up to 4000 mega watt of power generating equipment, annually.

Besides the turbine generator and boiler factories, L&T is also setting up factories for production of axial fans, air-preheaters, electrostatic precipitators, high pressure piping and a forge plant.