Demand for Doosan Heavy’s services heating up in India

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Demand for Doosan Heavy’s services heating up in India

Doosan Heavy Industries & Construction, a leading Korean industrial equipment manufacturer, said yesterday that it has clinched a 1.5 trillion won ($1.3 billion) deal to supply boilers for an Indian firm.

The deal with NTPC, India’s state-run energy service company, calls for three steam generator boilers to be built for the Kudgi power plant in the southwestern part of the country, Doosan said.

NTPC will place another order for two boilers for its Lara plant in the central part of India within the first half, it added.

Doosan said it will supply the five boilers, built with Doosan’s own proprietary technology and know-how, by 2016.

“The order is noteworthy because companies from all over the world, including those from the United States and Japan, took part in the bid,” a company executive said. He claimed that winning the deal could open new business horizons because it highlighted how competitive Doosan is in this field.

Doosan, as well as companies such as Mitsubishi Heavy Industries, Thermax-Babcock and Wilcox, and a joint venture operated by Hitachi, took part in the bid, which was launched last September.

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