BHEL bags Rs 950 crore contract from Bhutan

BHEL today said it has bagged a Rs 950 crore contract for supplying equipment for 1,020 MW hydel project in Bhutan. "BHEL has secured a contract from Punatsangchhu Hydroelectric Project Authority (PHPA), Bhutan for the electro-mechanical equipment package for a 1,020MW (6x170 MW) Hydroelectric project in Bhutan," the company said in a statement. "Valued at Rs 950 Crore, the order envisages manufacture, supply, erection and commissioning of the electro-mechanical equipment for the 1,020 MW Punatsangchhu-II Hydroelectric project," it said. BHEL is also executing the 1,200 MW Punatsangchhu-I project in Bhutan. It is being set-up under a bilateral agreement between India and Bhutan. ref: http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/engineering/bhel-bags-rs-950-crore-contract-from-bhutan/articleshow/14406963.cms