Ansaldo to set up boiler facility in Tuticorin
AnsaldoCaldaie Boilers India Pvt. Ltd plans to set up a power generation equipment manufacturing facility in Tamil Nadu for boilers with capacities up to 660MW.
“The facility, apart from boilers, will also take care of piping fabrication and special alloys. By mid next year, we expect it to be in operational mode,” said A. Manjunath, executive director, technical and sales, AnsaldoCaldaie.
He declined to comment on the investments required for the project.
This facility is expected to help the Indian power sector, which has been reeling under a supply shortfall for power generation equipment.
India is expected to miss the target of adding 78,577MW of power generation capacity by 2012 because of shortage of equipment.
The target has been set by the government in an effort to ensure that the country has enough power to meet the needs of an expanding economy.
The power ministry is of the view that Bharat Heavy Electricals Ltd (Bhel), the country’s largest manufacturer of power generation equipment, does not have the capacity to meet the huge Plan targets and it would require manufacturers such as Ansaldo to fill the gap.
The Ansaldo facility, to be set up at Tuticorin, will cater to the domestic and the export markets. “The availability of the port facility will help us to cater to the export markets,” Manjunath added.
“The Tuticorin facility would house their heat recovery steam generators up to 260MW and 660MW super-critical parameter-based units, where they have established themselves worldwide with their proven technology,” said Abhishek Puri, an analyst with ASK Securities.
AnsaldoCaldaie Boilers India Pvt. Ltd is a joint venture between AnsaldoCaldaie of Italy and GB Engineering of India. It has engineering offices in Chennai and Trichy and fabrication facilities in Trichy.
AnsaldoCaldaie specializes in the design, manufacture and supply of utility boilers, heat recovery steam generators, and biomass and waste to energy boilers.
India has a power generation capacity of 135,006MW, which is not sufficient for the second fastest growing major economy in the world.
Source: LiveMint.com
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