Date: 12^th Sept 2010

Belliss India Ltd. one of India’s leading turbine manufacturing companies, now diversified into Energy EPC, precision components manufacturing, governor repair and international trading of power generation products such as turbochargers, brake blocks, suspension systems and Gas Gensets, today announced that it has signed a MOU with Beijing BEIZHONG Steam Turbine Generator Co., Ltd (‘BZD’), China.

Initially, Belliss will be distributing and marketing BZD Steam Turbines solution up to 330MW.Belliss will also sell the balance of plant and provide after sales support. The agreement facilitates Belliss to enter into Technology Transfers and the Company will work towards these in the future.

BZD, a subsidiary of the state owned Beijing Jingcheng Mechanical & Electrical Holding Co., Ltd, is a technology leader and fourth largest steam turbine manufacturer in thePeople’s Republic of China with products offering power solutions upto 660 MW. The company sold more than 4000 MW of power generating equipment last year and has already made inroads into Indian market with orders exceeding 1300MW.

Belliss, currently sells steam turbines up to 30MW and holds a dominant market share within the industrial turbine market in India. The company has an installed base of over 2500 turbines, with an annual production capacity of 2500MW.