"To this effect, the Technology Collaboration Agreement was signed by Amitabh Mathur, Director (IS&P), BHEL and Makoto Ogawara, Senior Vice President, KHI in the presence of Atul Sobti, Chairman and Managing Director, BHEL and Yoshinori Kanehana, President, KHI," BHEL said in a statement.
According to the statement, the agreement covers establishing state-of-the-art design, engineering and manufacturing facilities at BHEL, India, using Japanese technology.
It will also entitle BHEL for technology advances and upgrades.
KHI is a leading manufacturer of heavy equipment/products and its Rolling Stock Company has supplied EMU (Metro/Commuter) trainsets to various countries like USA, Singapore, Taiwan, Hong Kong etc., besides Japan.
KHI, is also the manufacturer and supplier of Shinkansen High Speed Bullet Trains, proposed to be introduced in India on the Mumbai-Ahmedabad High Speed Rail Corridor.
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