BHEL bags Rs 7,800 crore contract for power project

Bharat Heavy Electricals Limited on Wednesday bagged a Rs 7,800 crore contract for setting up a 1,320 MW thermal power project in Tamil Nadu. Valued at around Rs 7,800 crore, it is an EPC contract (Engineering, Procurement and Construction) from Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO), Bhel said in a statement. The order is for setting up a 2x660 MW coal-fired thermal power project at Ennore Special Economic Zone in Tamil Nadu. The power plant will be constructed on a reclaimed ash pond, calling for specialised civil design, utilising an otherwise barren land. Read more at: http://www.moneycontrol.com/news/business/bhel-bags-rs-7800-crore-contract-for-power-project_1199119.html?utm_source=ref_article more at: http://www.moneycontrol.com/news/business/bhel-bags-rs-7800-crore-contract-for-power-project_1199119.html