Business Friday, May 16, 2008

L and amp;T, GE Energy to jointly focus on power generation

From correspondents in Maharashtra, India, 02:30 PM IST

Engineering and construction major Larsen and amp; Toubro (L and amp;T) Friday said it will explore the potential of the Indian power generation market along with Atlanta headquartered GE Energy.

In a statement issued here, R.N. Mukhija, president (operations) and member of the L and amp;T board, emphasised that GE Energy's power plant automation solutions 'were the key issues that we were looking for in order to complete our electrical and automation suite'.

As per the strategic agreement signed between the two companies, GE Energy will provide its power plants main control system products to L and amp;T which, in turn, will tap the Indian market.

Jayaraman Kishore from GE Energy said the deal would help them showcase their power plant automation products as 'L and amp;T has a strong presence in the Indian market'.

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