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Toshiba-JSW to set up power equipment unit near Chennai

Toshiba-JSW a 75:25 joint venture between Toshiba Corp of Japan and JSW is all set for for setting up a supercritical power equipment manufacturing facility in Ennore, near Chennai. Supercritical plants produce more power, around 3-4 per cent higher, per unit of coal and are considered as environment friendly. The unit will manufacture supercritical steam turbines and generators for power plants. The company will invest around Rs 800 crore for setting up the facility, which will be able to manufacture 3,200 mega watt (Mw) equipment annually. Currently, the power equipment market is dominated by BHEL.

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