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India's BHEL Enters Vietnam for $50 Million Hydropower Project, an Industrial Info News Alert

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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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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Tags: ,Energy and Utilities:Utilities, EnergyandUtilities:Equipment, EnergyandUtilities:AlternativeEnergy, ,GA,BANGALORE, INDIA
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