MoneyWorks4Me

BHEL has signed three Memorandum of Understandings (MoUs) with Kazakh companies. The first MoU was signed with JSC Samruk Energy, the national power utility of Kazakhstan having a major share in the Kazakh power sector. Both companies will work together on the projects of mutual interest.

A MoU towards comprehensive co-operation in the energy sector for design and construction of power plants and CHP (combined heat and power plants) was signed with KUS, one of the largest utility companies in the Kazakh power sector operating in power generation; heat production; transmission; sale of heat and electricity, etc. KUS is owned by the Ordabassy Group, total assets of the group being more than $9 billion. 

The company and KAZNEX INVEST, the National Export and lnvestment Agency of Kazakhstan, working under the Ministry of lnvestments and Development of the Republic of Kazakhstan also agreed on co-operation in attempting proiects in Kazakhstan and a MoU to this effect was signed.

BHEL is the largest engineering and manufacturing organization of its kind in the country. It is also among the world's few integrated power plant equipment manufacturers with the capability to manufacture the entire range / type of power equipment and also to undertake projects on EPC basis.

Peers
Company Name CMP
Bharat Heavy Elect. 430.50
Thermax 3138.35
Kirloskar Industries 3460.65
Skipper 516.65
INDO-MIM 1238.40
View more..