SME Times is powered by   
Search News
    
Just in:   • Gulf oil earnings to touch record $562 bn in 2008  • Ban on rice, wheat exports extended till next April  • Markets crash ahead of inflation data; Sensex 434 points down  • Abu Dhabi energy firm starts work on German plant  • FCI gets nod to sell rice, wheat in domestic market 
Last updated: 16 May, 2008  

L&T, GE Energy to jointly focus on power generation

Staff Reporter | 16 May, 2008
Engineering and construction major Larsen & Toubro (L&T) Friday said it will explore the potential of the Indian power generation market along with Atlanta headquartered GE Energy.

In a statement issued here, R.N. Mukhija, president (operations) and member of the L&T board, emphasised that GE Energy's power plant automation solutions "were the key issues that we were looking for in order to complete our electrical and automation suite".

As per the strategic agreement signed between the two companies, GE Energy will provide its power plants main control system products to L&T which, in turn, will tap the Indian market.

Jayaraman Kishore from GE Energy said the deal would help them showcase their power plant automation products as "L&T has a strong presence in the Indian market".
 
Print the Page Add to Favorite
 

Share your opinion about this story

  Top Stories
» Decline in manufacture exports a matter of concern: FIEO
» Textile exporters eye Asian markets
» All ministries must have legal draftsmen: Chidambaram
» Buyer-seller meet from October 17
» Industrial city Kanpur at its deathbed
 
Commented Stories
» MSME Ministry proposes new scheme(12)
» Are Indian SMEs getting their basics wrong?(7)
» Central Sales Tax (CST) not brought down to 2 percent: report(4)
» Working overtime - do companies really benefit?(3)
» FM asks banks to lend more to MSMEs(1)
  Customs Exchange Rates
Currency Import Export
US Dollar
42.55
41.95
UK Pound
84.60
83.20
Euro
66.95
65.70
Japanese Yen 39.90 39.15
As on 22 Aug, 2008
  Daily Poll
Do you agree that SMEs are losing out to big corporates because they are ill-informed about the market realities?
 Yes
 No
 Can't say
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies