Bharat Heavy Electricals Limited (BHEL) and Russian company INTMA on 15 April 2015 signed a memorandum of understanding (MoU) to set up a gas-based power project in Kazakhstan.
According to the MoU, the two parties will endeavour to assist each other in the implementation of the deal.
The MoU aims to set forth a path to combine the BHEL's competence in design and manufacturing of power plants and INTMA's strength in handling EPC contracts so as to bid and execute projects of mutual interest in Russia and Kazakhstan.
This MoU will have BHEL to further its presence in the Commonwealth of Independent States (CIS) countries.
About Bharat Heavy Electricals Limited (BHEL)
BHEL is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing company of its kind in India. BHEL that in 2013 attained Maharatna status manufactures power plant equipment like gas turbines, steam turbines, hydro turbines and boilers. It also has robust experience in construction of power plants in India and overseas.
At present it is executing 23 major projects in 16 countries and has presence in 76 countries.
Indiana Chapter of the National Tooling and Machining Association (INTMA)
INTMA is one of the leading general Engineering Procurement and Construction contractors (EPC) in Russia and Kazakhstan. It carries a wide experience in industrial construction, renovation of facilities, automation and other energy related sectors.
When: 15 April 2015