The joint venture between French power company Alstom and India’s Bharat Forge
reported by FORGE in December 2009 seems to be on track. A source reported that
the JV plans to sign a loan agreement next month for $271 million. At least
seven financial institutions are reportedly involved in the 12-year loan deal,
led by Indian institutions Axis Bank and ICICI Bank.
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Check out the April 2021 issue of FORGE, featuring our cover story on the "Ovako's Vacuum Degassing Process Improves Forging-Steel Grades", "Back to the Future: Revisiting AM Predictions from 2012", "Viral Marketing during COVID-19", and much more.