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• The 100-acre facility from Toshiba Corp. of Japan, which holds a 75% stake, JSW Energy, which holds 20%, and JSW Steel Ltd, with 5% - will manufacture mid- and large-sized turbines and 500-1000-MW generators for supercritical thermal power plants.Toshiba JSW Turbine and Generator Pvt. Ltd, a manufacturer of steam turbines and electrical generators for a new generation of fuel-efficient power plants, expects annual revenue of more than $400 million by 2015 from its first India facility in Chennai that was inaugurated on Sunday.
• “The 12th five-year plan calls for capacity addition of 100,000MW of power over the next five years,” said Sajjan Jindal, chairman and managing director of JSW Energy Ltd., a partner in the joint venture. “This facility will help meet the growing demand of the Indian power sector.”The 100-acre facility – set up at an investment of Rs800 crore from Toshiba Corp. of Japan, which holds a 75% stake, JSW Energy, which holds 20%, and JSW Steel Ltd, with 5% -- will manufacture mid- and large-sized turbines and 500-1000-MW generators for supercritical thermal power plants, which expend less coal, and thus emit less carbon dioxide than conventional power plants to generate the steam that is used to produce electricity.
• The use of one supercritical turbine can reduce carbon dioxide emission by up to 1,000 tonnes a year compared to a conventional, subcritical turbine, according to Norio Sasaki, president and chief executive of Toshiba Corp.As one of the world’s fastest-growing economies, with ambitious gross domestic product growth targets, India’s power, transport and other infrastructure needs are multiplying rapidly, driving the engines of companies such as Toshiba JSW. Prime Minister Manmohan Singh has said that India would need to spend $1 trillion on infrastructure in the five years to 2016-17 to aim for a 10% GDP growth.
• “India’s demand for power is expected to soar to a whopping 800 GW (gigawatts) by 2032, implying a six-fold growth of the current capacities in about 25 years,” industry consultancy KPMG noted in a 2010 report on the power sector.With the depletion of finite fossil fuel resources and increasingly stringent international emission norms, the central government is backing the fuel-efficient supercritical technology. Under the Centre’s Ultra Mega Power Project programme, 11 supercritical power projects are being set up around the country at an estimated investment of Rs16,000 crore each. The first unit under this program, a 660 MW unit at Mundra, Gujarat, was commissioned in December 2010 by Adani Power Ltd.
• Lured by this thrust on supercritical power plants, a number of players have entered the market in the last two years. In 2010, Thermax Ltd. formed a joint venture with US-based Babcock and Wilcox Power Generation Group Inc. to manufacture supercritical boilers. Also in 2010, Chennai-based BGR Energy Systems announced joint ventures with Hitachi Corp. of Japan and one of its subsidiaries to produce turbines, boilers and generators for supercritical power plants.
• In this scenario, the Indian power generation equipment market is expected to see demand growth of more than 16,000 MW a year for the next decade, according to the Toshiba JSW, with coal-fired power plants contributing to more than 60% of the growth.The plant, whose construction began in February 2010, will have a production capacity of 3,000MW by the end of 2012-13, said Itaru Ishibashi, the managing director of the joint venture. In other words, it can produce four sets of 800-MW turbine-and-generator sets or a slightly larger multiple of 660-MW sets. The company expects to double the capacity by March 2015.
• The company has received a letter of intent of purchase from the state-owned NTPC Ltd. for two units of 660 MW each for a thermal power plant in Uttar Pradesh, Ishibashi said. It also expects to receive an order for three 800 MW units for an NTPC project in Karnataka.The manufacturing facility in the North Chennai industrial area of Manali began producing turbine blades for export to Toshiba Japan in January 2011. Besides supplying turbines and generators to domestic power plants, the facility – the only one outside Japan for Toshiba Power Systems Co., the Toshiba group company that deals in power equipment – will export to South East Asia, the Middle East and Africa.

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