Bharat Heavy wins $38m order
Bombay, October 16, 2007
Indian energy equipment maker Bharat Heavy Electricals said it had received an order for two gas turbine generating units of 42 MW each, valued at 1.5 billion rupees ($38 million).
The order is from Al Ghail Power, a wholly owned unit of Ras Al Khaimah Investment Authority of the UAE, it said in a statement.
The Middle East is a key export region, and BHEL aims to increase its overall exports by six times by 2012, it said.