5th May 2017
EP Report
Bharat Heavy Electricals Limited has secured the contract to build the controversial Rampal Power Plant.
The state-owned Indian company announced it got the $1.5 billion export order for the 1,320 MW thermal power station in a notice posted on its website recently.
BHEL won its biggest order following stiff competition in international bidding for the coal-fired power plant, a joint initiative of India's state-owned National Thermal Power Corporation and Bangladesh Power Development Board, the notice said.
BHEL’s share price rose by two percent to Rs 180.45 after it announced that it got the order from Bangladesh India Friendship Power Company (BIFPCL).
More News
comments
leave a comment
