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Bharat Forge to set up power equipment plant in Kutch

Bharat Forge which is tying up with French company Alstom to manufacture technologically advance power turbines and generators. The company will investment Rs.24,000 million and has been allotted 120 acres in the Mundra Port SEZ. It may be noted, the company had earlier chosen West Bengal as its destination and shifted to Gujarat on account of land acquisition problems. In another venture, it is tying with French major Areva, to set up nuclear power plant components unit which includes mega 550 tonnes rolled forgings. It has also set up a 14000 tonne open die facility.

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