Alstom JV with Bharat Forge
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POWER & RENEWABLE ENERGY

Alstom JV with Bharat Forge

01 Mar 2010 CW Team

Cabinet Committee on Economic Affairs (CCEA) has approved proposals by Alstom SA and its subsidiaries to establish joint venture companies with Bharat Forge Ltd for manufacturing supercritical and sub-critical power equipment in India.

The approval would result in foreign direct investment of about Rs 490 crore in the country.

Cabinet Committee on Economic Affairs (CCEA) has approved proposals by Alstom SA and its subsidiaries to establish joint venture companies with Bharat Forge Ltd for manufacturing supercritical and sub-critical power equipment in India. The approval would result in foreign direct investment of about Rs 490 crore in the country.

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