BGR Energy signs two JVs with Hitachi Group

BGR Energy Systems Ltd, engaged in supplying systems and equipment and turnkey engineering project contracting, has signed joint venture agreements with Hitachi Ltd., Japan, and Hitachi Power Europe GmbH, Germany, a Hitachi subsidiary.

The first JV with Hitachi Ltd, Japan, is for design, manufacture, installation and commissioning of supercritical steam turbines and generators for thermal power plants while the second joint venture with Hitachi Power Europe GmbH, Germany, would be for supercritical steam generators for thermal power plants.

With the establishment of these two ventures, BGR Energy will be the third company in India (after BHEL and L&T) able to offer the complete boiler, turbine-generator (BTG) solution to the Indian power industry.

The Indian economy is growing at 8 per cent per annum and to sustain this growth availability of electricity is vital. The current per capita consumption of electricity at 750 kWh per annum is likely to increase to 1000 kWh per annum by 2012 and will grow to at least 3000 kWh as is the case with countries like China.

The installed power generation capacity of approximately 150,000 MW is set to grow multifold. A leading consultant has projected a capacity of around 7,50,000 MW by 2027. Thermal power, which constitutes about 70 per cent of the total generation will provide bulk of this additional capacity.

Large supercritical power plants will constitute the majority of thermal plant additions.