Reply to cheshire cat:
No as others said thats the symptom not the cause !!!! you have enough air to burn the fuel it's getting so no smoke , look at the older tractors when you gun them from idle you get a puff of black smoke then the turbo spools
up and they run clean , you have some pump , rack, or linkage issue if you are sure the injection pump is getting plenty of fuel ...
my non expert thoughts for what they are worth
you have two ways to tackle this start from the turbo and work back or start from the air and fuel side and work forward
does the fuel pressure gauge return to zero or low when the motor is not running as in is the gauge working fully as to be expected ??
can you screw a second gauge on quickly some were just compare
Because as has already been said it sounds like its not getting the fuel to create the power to make the exhaust spin the turbo quick enough to make the boost
It may well be a turbo issue but if it was I would expect to see plenty of black smoke as the fuel was getting poured in but not enough air to make it burn properly
I was once told "Paul if you have no smoke you arent getting fuel to burn" and thats proven to be pretty spot on
Another fella told me years ago "Paul always fix the obvious first" that also works most of the time
Another bloke taught me "dont spend any money to you prove its the problem other wise your just guessing"
and theres more but I wont bore you but using these three simple rules sort of tells me were I would start
Paul