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| Exchange Disseminated Time | BGR Energy Systems Ltd has informed BSE regarding a Media Release dated November 17, 2011, titled "BGR Energy Systems Secures Rs 1,698 Crore EPC Contract From TRN Energy Private Limited."
The Company has been awarded an Engineering, Procurement and Construction (EPC) contract for setting up of 2 x 300 MW coal based thermal power project at Nawapara village, Chhatisgarh by TRN Energy Private Limited, New Delhi. The value of contract is Rs. 1,698 crore.
Press release :
"BGR Energy Systems Limited has been awarded an EF'C contract for setting up 2 x 300 MW coal based thermal power project by TRN Energy Private Limited, New Delhi.
Contract highlights :
The order is valued at Rs. 1,698 Crore. The turn key contract completion schedule will be 29 months for unit I and 32 months for unit II. The proposed project is located at Nawapara Village, Chhattisgarh. Project has Forest and Environmental clearances. Coal linkage is tied-up with South Eastern Coal Limited. Land and water for the project are available. The order value includes foreign currency content of USD 188 Million at an exchange rate of Rs.44.70. The contract provides for foreign exchange variation protection to the company at actual exchange rate." |
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