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Itochu-BHEL set to bag next stage of Bakreswar thermal project.

Asia Africa Intelligence Wire

| June 08, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

Kolkata, June 7. THE ITOCHU-Bharat Heavy Electricals Ltd (BHEL) combine has emerged as the sole bidder for the Rs 1,480-crore second stage of the Bakreswar Thermal Power Plant (BKTTP).

State Power Department sources said that orders for the main plant package are expected to be given by July 2004.

The first stage of the BKTPP, as well the second, has received funding from the Japan Bank for International Co-operation (JBIC).

The project is owned by the State-run West Bengal Power Development Corporation Ltd (WBPDCL).

Sources said that while there were three companies at the pre-qualification stage, the …

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