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NEW DELHI, June 1 Asia Pulse - Bharat Heavy Electricals Ltd (BSE:500103), the country's biggest power equipment supplier, has signed an agreement with Mitsubishi Heavy Industries Ltd (MHI) (TSE:7011), under which the Japanese firm will license technologies relating to pumps used in thermal power plants.
"MHI is the first Japanese company to license pump technology to a power plant maker in India. Delivery of the first pump unit produced under the agreement is expected in late 2009," a Mitsubishi statement said on Thursday.
Mitsubishi will license design and production technologies of boiler feed water pumps, boiler feed water booster pumps, circulating water ...