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Tata International signs MoU with  Turbo Genset, UK
October 29, 2003

A Memorandum of Understanding was signed today between the Turbo Genset Company Limited (TGC), UK and Tata International Limited regarding business development for innovative distributed generation products and solutions for India, Sri Lanka and Bangladesh. 

Proffessor Colin Besant, chairman, TGC and Sudhir Deoras, managing director, Tata International signed the MoU at Mumbai. This is the culmination of a development initiative by Tata International, spanning the last decade, for a fora  on behalf of the Tata Group for high technology products in the power sector, which is vital for India and its neighboring countries.

TGC is a UK-based high technology company, engaged in design and manufacture of turbo-generating systems and variable speed generating sets for use in distributed generation, combined heat and power and power quality applications. The TGC product range includes turbine and reciprocating engine-based power generation and power electronics products. 

In phase one, the market development in India, Sri Lanka and Bangladesh will be based on the import of the TGC range of products from the UK and the balance equipment sourced from India for the specific application.

In phase two, after the volumes have been sufficiently raised, the progressive transfer of subsystems for manufacture in India will be considered. 

The introduction of the high-tech and state-of-the-art innovative distributed generation products and solutions is expected to lead to considerable ecological improvement in addition to significant operational savings for industrial users.

 

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