India’s BHEL Enters Vietnam for $50 Million Hydropower Project, an Industrial Info News Alert
SOURCE:
Industrial Info Resources
2008-08-20 04:00:00
BANGALORE, INDIA–(EMWNews – August 20, 2008) – Researched by Industrial Info Resources
(Sugar Land, Texas) — Indian power equipment major Bharat Heavy
Electricals Limited (BOM: 500103) (BHEL) (Mumbai) recently forayed into
Vietnam with a $50 million contract to construct a 200-megawatt (MW)
hydroelectric power plant in the country. The contract will be funded
through the line of credit of $45 million extended in January this year by
the Indian government to its Vietnamese counterpart. The funds will be
administered by the Export Import Bank of India (Mumbai).
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