Date:06/11/2007 URL: http://www.thehindu.com/2007/11/06/stories/2007110657842000.htm

Business - Briefly

L&T, Mitsubishi JV for super critical turbines

MUMBAI: Larsen & Toubro and Mitsubishi Heavy Industries Ltd. (MHI) have formed a joint venture for setting up a manufacturing facility to supply steam turbine and generator facility in India. The proposed venture, with a capital outlay of Rs. 880 crore, will have a product configuration catering to plant capacities ranging between 500 MW and 1,000 MW. — Special Correspondent