Larsen & Toubro Ltd and Howden of UK have
signed a joint venture agreement to design,
engineer, manufacture and supply axial fans
and air pre-heaters to Indian thermal power
plants ranging between 100 mw and 1,200 mw.
These products form vital components of energy-efficient
thermal power plants.
The JV agreement was signed by Ravi Uppal, MD
& CEO, L&T Power, and Bob Cleland, CEO, Howden
Global, in Mumbai on May 4.
The joint venture will invest around Rs 100 crore on
setting up an industrial facility and related infrastructure
in Hazira, Gujarat, and its operations are
expected to commence in 2011. This strategic partnership
allows L&T to join forces with a global technology
leader, and offers Howden access to the fast
growing Indian power plant equipment market.
The JV will strengthen the capabilities of L&T Power,
a wholly owned subsidiary of L&T, which provides a
one stop-solution for the power generation sector. The
manufacture of fans and air-heaters augments L&T
Power's portfolio of products from its own operations
and those of its existing joint ventures. L&T also has
joint ventures with MHI for manufacturing supercritical
boilers, steam turbines and generators.
Howden, which has its global headquarters in Renfrew,
UK, and employs nearly 3,800 people in 17
countries, supplies fans, rotary heat exchangers,
compressors and gas cleaning equipment to key
industries including power generation, petrochemicals,
steel making, mining and cement production.
Howden is one of the two leading international engineering
businesses owned by Charter International
plc, which is headquartered in Dublin, Ireland.
The Variax variable pitch axial fan combines one of
the highest efficiency levels available today with an
exceptionally flexible, customer-focused design,
manufacturing and aftermarket service. With almost
3,000 units sold worldwide, the Variax is a proven and
reliable choice across a wide range of applications.
They are available in single and two-stage versions to
suit a wide range of pressures and volumes.