08
May
2008
Toshiba, JSW to Form Power Equipment JV in India
Posted by admin as Construction Equipment
oshiba Corp announced that it has agreed with Jindal South West Group (JSW, based in Mumbai, India) to establish a joint venture specializing in the production and the distribution of equipment for thermal power plants.
Toshiba will enter the Indian market in earnest, where demand for electricity is rapidly increasing.
The joint company will be established in [...]
08
May
2008
Tata Steel, Vale To Infuse Rs.1,555 Cr. To Develop Coalmine In Australia
Posted by admin as Construction Equipment
India’s Tata Steel and Brazilian mining giant Vale plan to invest around $379.41 or Rs.1,555 crores in Australia, in order to expand the Carborough Downs coalmine near Moranbah in Central Queensland, Australia.
The decision on expanding production at the Carborough Down coalmine in Australia gives Tata Steel an opportunity to explore larger areas for coal deposits [...]
