Tuesday, July 12, 2011

Bhel plans to enter Burkina Faso, Niger, Sierra Leone

As part of India’s overall strategy to strengthen relationships with mineral- and resource-rich African countries, state-run Bharat Heavy Electricals Ltd (Bhel) plans to enter new markets such as Burkina Faso, Niger and Sierra Leone by supplying power generation equipment valued at Rs.3,200 crore, said senior Bhel executives.

The projects, both in coal and hydropower, are to be set up by the respective governments of these mineral-rich countries and are expected to be executed through the Indian government’s support.

“We are looking at two orders in Burkina Faso. One is an engineering, procurement and construction (EPC) order for a 200 megawatts (MW) coal-based project and the other is for supplying electromechanical equipment for a 100MW hydropower project,” said a senior Bhel executive, who did not want to be identified.

more:
http://www.livemint.com/2011/07/12213440/Bhel-plans-to-enter-Burkina-Fa.html?atype=tp

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