BHEL bags Rs 240 cr contract in UAE

Tuesday, August 26, 2008, 15:40 [IST]

New Delhi, Aug 26: Bharat Heavy Electricals Limited (BHEL) on Tuesday, Aug 26 said it has bagged a Rs 240 crore-order for setting up two gas turbine generating units of 42 MW each in the United Arab Emirates (UAE). The order has been received from the International Energy Resources, UAE, a BHEL spokesman told the sources.

The units will be mounted on barges for mobile power plants and are planned to be used in different locations. With the rapidly increasing need for power plants on fast track basis, independent power plant developers are developing such merchant power plants that require short gestation and offer mobility. With this contract, BHEL has secured orders for six gas turbine generating units from the UAE with a cumulative value of Rs 450 crore in just eleven months.

UNI

Topics: bhel, bharat heavy electricals limited, uae

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