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This Article is From May 09, 2012

Toshiba gets $315 mn order for power plant in UP

Toshiba gets $315 mn order for power plant in UP
Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand

Japanese major Toshiba has bagged a $315 million (over Rs 1,690 crore) contract for supplying two units of 660 MW super critical steam turbines and generators package to Meja power plant in Uttar Pradesh.

"The equipment will be installed in the Meja thermal power plant in Uttar Pradesh. The value of the contract is about $315 million. The scope of the contract covers engineering, procurement, manufacturing, installation and testing of the steam turbine generator islands," the company said in a release.

Meja plant has a capacity of 1,320 MW. Meja Urja Nigam is joint venture between NTPC and Uttar Pradesh Rajya Vidyut Utapatdan Nigam Ltd.

In 2008, Toshiba along with JSW set up the manufacturing joint venture Toshiba JSW Turbine and Generator Pvt Ltd in Chennai. The entity is 75 per cent-owned by Toshiba.

"Steam turbine and generator for the Meja thermal power plant will be manufactured at Toshiba JSW and at Toshiba's Keihin Product Operations in Japan.

"Commercial operation of the first unit is scheduled in 48 months from the contract award and the second unit in 54 months," the release said.

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