Bhel-Kawasaki mull JV for metro coaches, propulsion system

Bhel (Bharat Heavy Industries Limited) and Japan-based Kawasaki Heavy Industries (KHI), are in talks for forming a joint venture to make locomotives and steel coaches for metro trains in India. If the two firms join hands, Bhel's Bhopal unit will be able to raise its turnover by Rs 1,500 crore to Rs 2,000 crore, a well-placed source in the public sector company told Business Standard. "Talks with Japanese firm Kawasaki are going on and are at an advanced stage. Bhel's Bhopal unit specialises in making motors and related systems such as control panels, alternators and propulsion systems. The unit will be given priority for making steel coaches," the source said. Various Indian states are developing metro rails and two lines of 32 km each have also been proposed in Bhopal and Indore. "As of now, the company supplies motors and other related systems to Indian Railways," the source said. ref: http://www.business-standard.com/article/companies/bhel-kawasaki-mull-jv-for-metro-coaches-propulsion-system-116112600555_1.html