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BHEL-GE Consortium Wins $550 Million EPC Contract for 740-Megawatt Power Project in India, an Industrial Info News Alert

Posted on: Thursday, 3 July 2008, 06:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- A consortium of Bharat Heavy Electricals Limited (BHEL) (BOM:500103) (New Delhi, India) and General Electric (NYSE:GE) (Fairfield, Connecticut) has outbid Alstom (EPA:ALO) (Levallois-Perret, France) to win a $550 million engineering, procurement and construction contract from the hydrocarbons exploration giant Oil and Natural Gas Corporation (ONGC) (Dehradun, Uttaranchal) to set up a 740-megawatt (MW) power project at Palatana in the northeastern state of Tripura.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=135061, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources


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