FRANCE’S ALSTOM WORKING HARD TO EXPLOIT INDIA’S MAJOR HYDROPOWER MARKET
November 1st, 2008
BY RAGHAVENDRA VERMA
ALSTOM - the French hydropower and transport giant - has chosen India to establish its first research and development centre outside Europe and has good reasons. With a total installed capacity of more than 36,000 MW, and an estimated untapped potential of over 130,000 MW for hydropower, India is one of the biggest actual and potential markets in the region.
Philippe Cochet, the president Alstom Hydro, a joint venture between Alstom and Bouygues, has said that, "by focusing on the specific issues of the Indian hydro market, the new ...
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