Along with Amec Foster Wheeler North America Corp., U.S.AISGEC Heavy Engineering announced that :
1. A Joint Venture Company along with Amec Foster Wheeler North America Corp., U.S.A has been incorporated in the name of "Isgec Foster Wheeler Boilers" with a paid up capital of Rupees Two crore only.
2. The shareholding pattern of the Joint Venture Company is 51:49 between the Company and Amec Foster Wheeler North America Corp. respectively.
3. The Joint Venture Company will render design engineering services for Fossil Fuel Boilers.
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