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India Eco Summit: Alstom India in talks with Bhel, NPCIL in planned JV

Alstom India, a subsidiary of French firm Alstom, is in talks with state-run Bhel and Nuclear Power Corporation of India (NPCIL) to join in as a third partner in their proposed joint-venture. - Markets gain on reform buzz, positive news - India Eco Summit: Microsoft India going easy on hiring - We did not start the tariff war: Airtel - India Eco Summit: "National panel to tackle pandemics needed" - India Eco Summit: More private investment in farming needed - India Eco Summit: 25th summit marks the emergence of brand India "We are in discussion with both the companies (Bhel and NPCIL)," Alstom Project Country President Sunand Sharma told PTI on the side lines of the India Economic Summit. He, however, decline to comment whether Alstom would be an equal partner in the joint venture. Public sector majors BHEL and NPCIL signed an agreement in April 2008 to form a joint venture for providing engineering, procurement and construction services in nuclear power sector.

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