BHEL bags Rs 200 crore contract in Vietnam
State-run equipment firm Bharat Heavy Electricals Ltd said it has bagged an order worth Rs 200 crore for a hydro-electric power project in Vietnam.business Updated: Aug 04, 2008 14:24 IST
State-run equipment firm Bharat Heavy Electricals Ltd on Monday said it has bagged an order worth Rs 200 crore for a hydro-electric power project in Vietnam.
The contract that marks company's maiden entry into Vietnam, was awarded by state-owned Nam Chien Hydropower, BHEL said in a press release.
The project is located in Muong La, 350 kilometres north of Hanoi and is slated to be completed by end-2010.
"This success opens a huge market potential for BHEL not only in the hydro segment but also in the thermal and gas based power plants segments in Vietnam, which will witness huge capacity additions in the future," the statement said.
Under the contract, BHEL would be responsible for the design, engineering, manufacture, supply and supervision of installation as well as commissioning of electro-mechanical equipment.
Major equipment to be supplied for the project comprises hydro turbines, generators, transformers, controls, monitoring and protection system and switchgear.
The project includes two so-called Pelton type hydro-generating units of 100 mega watts each.
It is being funded by the Government of India's Line of Credit to Vietnam.