BHEL bags $625 million contract

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New Delhi, Jan 25, 2008 : Power equipment giant Bharat Heavy Electricals Ltd, on January 24th received a contract from Tamil Nadu Electricity Board or TNEB for a 600 MW thermal power unit valued at 24.75 billion rupees or $625 million.

According to a statement issued by the company, the state-run company will set up the thermal power-generating unit at the North Chennai Thermal Power Station on an engineering, procurement and construction or EPC basis.

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