Friday, April 12, 2013

BHEL has 14,000 MW worth new contracts lined up: official

Bharat Heavy Electricals Ltd (BHEL) today said project orders involving setting up of 14,000 MW are already lined up for the company during the current fiscal. "We hope the worst is over. Contracts for power projects worth 14,000 MW is already lined up," BHEL eastern region executive director M Rajiv Kumar said. Asked about competition from the Chinese companies for these contracts, Kumar said, "in the past BHEL had been able to secure 65 per cent of the private contracts and in future also we will remain competitive." BHEL was also working on technology to enable power plants to switch between imported coal and domestic coal to get an edge over competitors. more at: http://profit.ndtv.com/news/industries/article-bhel-has-14-000-mw-worth-new-contracts-lined-up-official-320850

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