Article: INDIA: Joint venture construction contract award for planned $290,000,000 power plant, BELHASA INTERNATIONAL CO. L.L.C. (BHI) [UAE], ORION POWER CO. (BANGLADESH) [India] & NISSHO IWAI [Japan] - Order #: 106804.

PROJECT OVERVIEW:

Indian demand for electricity is currently growing at a rate of 10% per year. The country, for that matter, is presently generating nearly 3,500 Mw against a demand of 3,700 Mw that is estimated to reach to 6,500 Mw by 2007. As a result, an international joint venture, operating under the name of BON CONSORTIUM was recently awarded a contract to build the Meghnaghat-2 power plant. The partners in the planned undertaking include BELHASA INTERNATIONAL CO. LTD. (BHI) of the UAE, the local ORION POWER CO. (BANGLADESH) LTD. and Japan-based NISSHO IWAI.

Although the size of the new complex has not yet been revealed it is nevertheless ...

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