Stabilising Libya and Yemen benefit BHEL sales
India’s power specialist BHEL (Bharat Heavy Electricals Ltd) has benefited by a return to “normalcy” in markets such as Libya and Yemen. B. Prasada Rao, chairman and managing director, told local media that the company is currently seeing a boost to its export sales in a number of other Middle East and African countries. “The […]
BHEL specialises in a range of integrated plant products.
India’s power specialist BHEL (Bharat Heavy Electricals Ltd) has benefited by a return to “normalcy” in markets such as Libya and Yemen.
B. Prasada Rao, chairman and managing director, told local media that the company is currently seeing a boost to its export sales in a number of other Middle East and African countries.
“The markets that have shrunk are not our markets. Our focus is on Africa, Middle East and South East Asian markets. Some of the countries, like Libya and Yemen, that experienced internal disturbances are now returning to normalcy,” Rao told The Business Times.
He added: “We have recently bagged an order for supply of equipment for Rs.950 crore from Bhutan. We have orders from Syria (400 MW), Yemen (600 MW) and 500 MW from Sudan. We have signed a Memorandum of Understanding (MoU) with south Sudan for supply of 70 MW power plant and co-generation power plant in a sugar mill located in Ethiopia.”
