After hydro, India's BHEL targets Vietnam's thermal, gas plant markets
India's leading power equipment maker has commissioned the first unit of the 2×100 MW Nam Chien hydro project.
With the success of the project Bharat Heavy Electricals Limited sees a huge market potential for Bhel not only in the hydro segment but also in the thermal and gas based power plant segments in Vietnam.
The company anticipates huge capacity additions in these sectors in future.
One of the fastest growing economies, Vietnam’s power sector is expected to see an annual growth of 16 percent.
The Vietnam project is funded by the Indian government. Bhel had the mandate to design, engineering, manufacture, supply and supervision of installation and commissioning of the complete electro-mechanical equipment package for the project.
Besides Vietnam, Bhel has hydro electric installations in Thailand, Malaysia, New Zealand, Taiwan, Bhutan, Tajikistan, and Nepal.
According to the statement, the company is executing hydro projects in Rwanda, Afghanistan, Vietnam, DR Congo and Bhutan.
Till date, Bhel has contracted equipment for about 550 units of hydro power — having generation capacity of more than 26,000 MW. Out of the total, about 5,000 MW capacity has been contracted overseas.
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