Published On:February 14 2011
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BHEL signed $392 mln deal to implement Marib Gas Power Plant-II in Yemen
Yemen: Bharat Heavy Electricals Limited (BHEL) has achieved another milestone in the Middle-East region with an order for a Gas Turbine-based power plant from the Republic of Yemen.
The order has been won in the face of stiff international competition from leading companies from Russia, Korea and Saudi Arabia among others, through International Competitive Bidding (ICB).
Valued at US$436mn, the EPC (Engineering, Procurement and Construction) contract for the Marib Gas Based Power Project (Phase II) has been placed on BHEL by the Public Electricity Corporation (PEC) under the Ministry of Electricity and Energy, Yemen. The contract signing ceremony between BHEL and PEC took place in the office of the Hon’ble Prime Minister of the Republic of Yemen in the presence of a host of dignitaries including the Indian Ambassador to Yemen and several Ministers of the Republic of Yemen.
Director-General of PCE made it clear that the project is scheduled to be implemented within 33 months from now