Bharat Forge signs MoU with Areva

Areva is engaged in design,manufacture and supply of nuclear power plants,components and fuel to customers all over the world.

“Availability of heavy forgings is a major constraint for global manufacturers of equipment in the energy sector. The JV would secure supply of heavy forgings,especially stainless steel forgings to the customers,” the statement said.

Heavy forgings manufactured by the JV would primarily meet indigenous requirements of power generation sector,including manufacture of turbines,generator rotors,steel plant rolls etc. and also of new nuclear power plants in the country,the release said.

Bharat Forge and AREVA are presently evaluating various locations in the Country to set up the new facility. The plant is expected to become operational by 2012. The JV will have a state-of-the-art 14,000 Ton open die forging press with associated equipment and an integrated steel making facility.