Home / Content / B2B Connect / Manufacturing Industry / BHEL bags Rs 10,000 cr contract for power plant project in Bangladesh

BHEL bags Rs 10,000 cr contract for power plant project in Bangladesh

The company has bagged its largest export order for 1,320 MW Thermal Power Project in Bangladesh

NTPC-SAIL Power selects BHEL to set up thermal power project in Odisha

Premium

BS B2B Bureau New Delhi

Last Updated : Apr 25 2017 | 9:16 PM IST

Bharat Heavy Electricals Limited (BHEL) has received its largest export order, valued at Rs 10,000 crore ($1.5 billion), for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh, has taken-off, following the issuance of the notice to proceed by the developer.

The order has been secured from Bangladesh India Friendship Power Company Pvt Ltd (BIFPCL), a 50:50 JV between India’s NTPC and Bangladesh’s BPDB. BHEL has arranged debt financing for the project from the EXIM Bank of India for which the loan agreement between EXIM Bank of India and BIFPCL has been signed in March 2017.

BHEL’s scope

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in