Financial Daily from THE HINDU group of publications
Tuesday, Feb 14, 2006
Financial Daily from THE HINDU group of publications Tuesday, Feb 14, 2006 |
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Corporate
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New Projects BHEL to set up thermal project in Sudan Our Bureau
New Delhi , Feb. 13 INDIA would build a 500 MW thermal power project in Sudan to help the African nation meet its power needs. The 500 MW thermal power project would be built in 44 months by Bharat Heavy Electricals Ltd (BHEL) for $457 million, of which India has extended a concessional line of credit of $350 million. Mr Sontosh Mohan Dev, Minister for Heavy Industries and Public Enterprises, laid the foundation stone for a mega power project at Kosti in the White Nile State of Central Sudan on Saturday, an official release said here. "The Kosti project, when completed, will be the single largest power project in Sudan. Given its strategic geographical location, the project will cater to power needs of all the regions of Sudan. Thus it is conceived as a national integration project for Sudan," the release added. Commenting on the development, Mr Dev emphasised the growing friendship and economic ties between the two countries. He said that ONGC and BHEL were already working in Sudan.
More Stories on : New Projects | Electrical Goods | Bharat Heavy Electricals Ltd
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