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BHEL inks MoU for setting up Renewable Energy Projects in Yemen

03 May 2014 Evaluate

Bharat Heavy Electricals (BHEL), a maharatna company, has signed a Memorandum of Understanding (MoU) with the Ministry of Electricity and Energy, Republic of Yemen for setting up Solar Photovoltaic (PV) based power plants at different locations in Yemen. This MoU is a step towards further consolidation of its position as the flagship Indian power equipment company in the overseas market.

BHEL is presently executing a 400 MW Gas Turbine based power plant, Marib Phase-II, in Yemen. Setting up Solar PV plants in Yemen is a step in reinforcing BHEL’s commitment to providing green power solutions in particular and the Yemeni Power Sector in general.

BHEL has been committed to the nation's power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower.

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Company Name CMP
Bharat Heavy Elect. 450.95
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Kirloskar Industries 3499.20
Skipper 529.40
INDO-MIM 1288.05
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