BANGALORE, INDIA -- (MARKET WIRE) -- 07/11/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- In order to avoid a repeat fiasco of unattainedpower targets in the 11th Five-Year Plan (2007-12), India's Ministry ofPower has been scouting for global players to set up manufacturingfacilities for boilers, turbines and power generation equipment. Theministry is looking to achieve an addition of 78,577 megawatts (MW) in theperiod and is taking measures to prevent slippages that have plagued itsgrowth targets during the last three planning periods. Several companieshave expressed interest in setting up manufacturing units for powerequipment India, including Toshiba Corporation (OTC:TOSBF) (Minato, Tokyo),Alstom (EPA:ALO) (Levallois-Perret, France), Bharat Heavy ElectricalsLimited (BHEL) (BOM:500103) (Mumbai), Larsen & Toubro (L&T) (BOM:500510)(Mumbai) and Mitsubishi Heavy Industries (TYO:7011) (Tokyo, Japan).For details, view the entire article by subscribing to Industrial Info'sPremium Industry News athttp://www.industrialinfo.com/showNews.jsp?newsitemID=135370, or browseother breaking industrial news stories at www.industrialinfo.com.
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