Toshiba Corporation (TOKYO: 6502) today announced it has reinforced its thermal power generation business in India by integrating the engineering function of Toshiba India into Toshiba JSW Turbine and Generator, a manufacturer of turbines and generators based in Chennai, Tami Nadu. The company, which has been renamed to Toshiba JSW Power Systems, will rebuild the organisation to the competitive engineering, procurement and construction (EPC) system, and develop business in India and the surrounding areas.
Toshiba JSW Turbine and Generator was established in 2008, and inaugurated its factory of steam turbines and generators in February 2012. It currently produces five units of supercritical turbines and generators ordered by National Thermal Power Corporation and others. The thermal power engineering department of Toshiba India was established in August 2009, and has a good track record in thermal power engineering operations. The company will have integrated ability of engineering, manufacturing, procurement, construction and services, and it will enhance EPC ability in India, in co-operation with Toshiba's group company, TPSC (India), which supports Toshiba JSW Power Systems in construction fields in India.
Looking to the future, India is expected to see significant growth in power demand, as is the wider region, including southeast Asia, the Middle East and Africa, where a number of large projects of thermal power generation are planned. Toshiba ensures its thermal power business expansion in India and surrounding areas from India in co-operation with global engineering function in Japan.
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Overview of integrated company |
Company name: | | Toshiba JSW Power Systems Private Limited |
Location: | | Chennai, Tamil Nadu, India |
Date of integration: | | 1 January 2014 |
Managing Director: | | Yoshiaki Inayama (Managing Director of former Toshiba JSW Turbine & Generator Pvt. Ltd) |
Capitalisation: | | 4.4 billion in Indian Rupees |
Capital holding: | | Toshiba 75%, JSW Energy 22.52%, JSW Steel 2.48% |
Employees: | | Approximately 600 |
Main Business: | | Engineering, design, manufacturing, procurement, sales, construction, installation and services for thermal power plants |
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