BGR Energy close to signing up with Hitachi

BGR Energy Systems is expected to formally sign the collaboration agreement with Hitachi of Japan for the manufacture of turbines for power projects, according to sources. The manufacturing unit could be located somewhere on the eastern coast, between Chennai and Pondicherry. An announcement is likely to be made by the end of this month.
 
In April, the company entered into an agreement with Foster Wheeler of the US technology for sub-critical and supercritical boilers. With the tie-up with Hitachi, BGR Energy will be in all the segments of power projects, boiler, turbine and BoP.
 
The public sector power major, NTPC is getting ready to put out ‘notice inviting tenders’ for 11 units of 800 MW supercritical power projects. The company would not be in a position to respond to the NIT as it is understood that the tender conditions specify full-fledged manufacturing unit in India. Against this backdrop, it is learnt from highly placed sources that BGR Energy could move away from the pact with Foster Wheeler and get into an agreement with another company, possibly Hitachi itself.