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Bharat Forge Limited Plans Investment of $10.82 Billion in India's Power Sector
BANGALORE, INDIA--November 23, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--India's leading auto components manufacturer Bharat Forge Limited (BSE:500493) (Pune, Maharashtra), part of the $2.4 billion Kalyani Group (Pune), has announced plans to enter the domestic power sector. The company is likely to make investments of $10.82 billion within the next decade to set up facilities that will generate 10,000 megawatts (MW) of power. Bharat Forge, which manufactures machine and forged components, has identified locations in coastal Andhra Pradesh, Maharashtra, Tamil Nadu and Gujarat.
Other companies featured: Alstom SA (EPA:ALO), NTPC Limited (BSE:532555), Areva SA
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Industry Segment: Power
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