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BHEL wins order for hydroelectric project in Nepal

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Capital Market
BHEL has won an order for the Electro-Mechanical (EM) works for the 40 MW Rahughat Hydroelectric Project in Nepal. The order has been placed on BHEL by the Raghuganga Hydropower Limited (RGHPL), a company 100% owned by Nepal Electricity Authority (NEA) the sole public power utility in Nepal and owned by the Govt. of Nepal. The project is majority funded by EXIM Bank of India in the form of a soft loan, along with funding from NEA and the Govt. of Nepal. WAPCOS, India is the project consultant.

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First Published: Feb 03 2020 | 4:21 PM IST

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