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Home arrow News arrow Power and Energy arrow Doosan Heavy Industries plans power equipment manufacturing plant in Haryana
Doosan Heavy Industries plans power equipment manufacturing plant in Haryana Print E-mail
Written by Sanjay   
Tuesday, 04 January 2011
Kolkata: Union Minister of Power Sushil Kumar Shinde, while addressing the fourth Electricity East Summit here, said that Doosan Heavy Industries and Construction Co Ltd of South Korea is planning a 100 per cent FDI (foreign direct investment) unit for making boilers and turbines.

Doosan Heavy Industries and Construction Co Ltd has expressed interest in setting up a fully owned power equipment manufacturing facility in Haryana. He said that the company had written to the ministry in this regard and that the project would come up on leased land at Haryana.

He said that a capacity addition of 15,000 MW was being planned this year. The private sector would account for a higher share in this capacity addition programme.

He said that currently 66,000 MW of new capacities were under construction across the country. A significant portion of these capacities will be installed in the first few years of the Twelfth Plan (2012-17), where the capacity addition target will be steeper.

Shinde said that problems relating to the timely supplies of equipment for new power plants were expected be solved with the entry of nearly 7 overseas companies into India. Some of the new joint venture manufacturing facilities which are coming up include Mitsubishi - Larsen and Toubro, Toshiba - Jindal, Ansaldo of Italy - GB Engineering and Alstom of France - Bharat Forge.

The share of the private sector in the capacity addition programme has increased from less than 10 per cent in the X Plan to 32 per cent now. This is expected to be over 52 per cent in the next Plan period.

The Eleventh Plan (2007-12) will end in another 15 months and has a target of 62,000 MW.  Last year's capacity addition of 9,585 MW was the highest in 60 years.

Last Updated ( Tuesday, 04 January 2011 )
 
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