September 29, 2008

BHEL Starts Work on Phase II of Barh Thermal Project, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- NTPC Limited (BSE:532555) (New Delhi), India's largest power producing company, is constructing an ultra-mega power project in Barh in the state of Bihar in two stages at a total cost of $3.5 billion. The contract for supplying equipment for Phase I of the thermal power plant project was awarded to Russian companies Technopromexport (Moscow, Russia) and Power Machines Company (RTS:SILM) (Moscow). The contract for supplying equipment for Phase II was given to Bharat Heavy Electricals Limited (BSE:500103) (New Delhi), India's largest equipment manufacturer and engineering company in the power sector.

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SOURCE: Industrial Info Resources