By Greentech Lead Team: Toshiba JSW
Turbine and Generator has inaugurated its steam turbine and generator
manufacturing facility in Chennai, India, on February 12, 2012.
The main plant was inaugurated in
the presence of the J Jayalalithaa, chief minister of Tamil Nadu.
Toshiba JSW will manufacture steam
turbines and generators for thermal power plants. Toshiba JSW is a 75:25 joint
venture between Japan-based Toshiba and JSW Group India.
The new manufacturing facility will
produce high-efficiency steam turbines and generators for super critical
thermal power plants, in generating capacities ranging from 500MW to 1000MW.
The plant will have an annual
production capacity of 3000MW by the end of FY2012. It will form a major
manufacturing hub serving the global markets, alongside Toshiba’s manufacturing
base in Japan.
Toshiba JSW also announced plans to
double manufacturing capacity to 6000MW by FY2015, when it will aim for US$400
million in sales. Its initial production will be shipped to customers in India,
and subsequent output will also be exported to emerging economies of Southeast
Asia and the Middle East.
The expansion will also see Toshiba
JSW increase its employee base in India to 500 over the next three years, from
around 200 today.
Construction of the manufacturing
facility with a floor area of around 60,000 square meters, commenced in
February 2010 on a 400,000 square meters plot close to Ennore in Chennai. The plant
includes a blade manufacturing shop that was completed in January 2011 and now
produces specialized turbine blades.
“We at Toshiba are delighted to
celebrate the official inauguration of this important facility, which we
position as an essential hub to sustain the long-term growth of our global
thermal power plant system business. I believe this facility will also
contribute to strengthening the ever-growing ties between our countries, and
allow us contribute to the dynamic development of the Indian economy through
our technologies, manufacturing and employment creation,” said Norio Sasaki,
president and CEO of Toshiba.
“Establishing a state-of-art power
equipment manufacturing facility in India is in line with our long term vision
to be present in the entire value chain of power business from equipment
manufacturing, generation, transmission, power trading and distribution.
Toshiba JSW’s manufacturing facility built with active support from the Tamil
Nadu government, will further contribute to the development of local industry
and will contribute to achieving self-sufficiency in sourcing of power
equipment in India,” said Sajjan Jindal, chairman & managing director, JSW
Energy.
“Toshiba JSW will manufacture steam
turbines and generators for leading edge thermal power plants, and by doing so
will contribute to the development of India’s power industry. The support we
have received from the government and local community gives me every confidence
for the long term success of Toshiba JSW,” said Itaru Ishibashi, managing
director of Toshiba JSW Turbine and Generator.
Indian power generation equipment
market is expected to see a demand growth of more than 16,000MW per year in the
decade from 2007 to 2017. Coal-fired thermal power projects will account for
over 60 percent of this projected capacity growth. The global market is also
expected to see continued growth in demand for thermal power generation
equipment in growing markets, to about 84,000MW per annum by the year 2020.