Chinese company to set up power production facility in India

Image
Press Trust of India New Delhi
Last Updated : Jan 19 2013 | 10:54 PM IST

Chinese power equipment maker Dong Fang Electric Corp today said it will build a production facility in India, although a parliamentary committee had said that no Chinese firm is manufacturing here, but only supplying equipment.     

"We have always been interested in setting up a facility here but were unable to do so due to some limitations," a senior Dong Fang Electric official said adding that land acquisition was one of the many limitations faced by them.

Minister of State for Power Jairam Ramesh, had earlier, said in Parliament, "As per Central Electricity Authority (CEA), no Chinese firm is setting up power projects here, they are supplying equipment and carrying out engineering procurement and construction contracts in the country."     

The company, which is scouting an Indian partner for setting up the facility, has shortlisted a few locations.    

"The manufacturing facility would be set up here very soon... We would not come here alone," a senior Dong Fang Electric official said without divulging further details.     

CEA has set up a committee, whose terms and reference relate to design features of boilers and auxiliaries being sourced from China.     

The committee brought out that there is a need to have due diligence during stage of specification, finalisation and detailed engineering by the utilities.     

A detailed comprehensive plan for ensuring quality at work needs to be defined and implemented for each major system.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 30 2008 | 10:14 AM IST

Next Story