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Thursday, January 24, 2008

BHEL and L&T news snippet

Just In - BHEL bags order of Rs 2500 cr for Tamil Nadu power plant.
Equipment major Bharat Heavy Electricals Ltd (BHEL) on Tuesday said it has bagged a Rs 866-crore order from Reliance Industries for setting up a 345-MW captive power plant in Maharashtra.
This is the first commercial order on BHEL for an ‘advanced-class Frame 9FA’ gas turbine and will open up a new line of business for the company.

BHEL is currently quoting at 2148

L&T has bagged order worth Rs 1,057 crore in Middle East.
L&T may form a JV with US arms major Lockheed Martin to develop Mark 41 Vertical Launching Systems in India.
L&T gets Bhel-like privileges, may power super-critical drive.Private sector engineering major L&T is being officially promoted as the Bhel-II


L&T is currently quoting at 3751

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