Larsen & Toubro has signed a joint venture with UK-based Howden Global to design, engineer, manufacture and supply axial fans and air pre-heaters to Indian thermal power plants ranging between 100 MW and 1,200 MW.
The joint venture will make investments worth Rs 100 crore to set up a facility at Hazira,
Howden is into the supply of fans, rotary heat exchangers, compressors and gas cleaning equipment to key industries that include power generation, petrochemicals, steel making, mining and cement production. Post this development, Howden will have access to the fast growing Indian power plant equipment market. The manufacture of fans and air-heaters will add to L&T power's portfolio of products giving it a 'distinct edge' in the power plant market.
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