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View Full Version : BGR Energy Signs $246m Deal



Investors Iraq News
10-15-2013, 11:47 AM
By John Lee.
BGR Energy Systems has signed a contract with the Ministry of Electricity for engineering, procurement and construction (EPC) of four 125-MW gas-fueled power project at Nasiriya.
The Economic Times reports that the contract is valued at $246 million and includes the scope of engineering, procurement and construction services of BOP, civil works and erection, testing and commissioning of gas turbine-generator sets supplied by General Electric, as well as, operation and maintenance of power project for six months.
BGR Energy Systems Limited is listed at the Bombay Stock Exchange and National Stock Exchange. The Company was originally incorporated in 1985, as a joint venture between GEA Energietechnik GmbH, Germany and B. G. Raghupathy.
(Source: Economic Times)


Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2013/10/15/bgr-energy-signs-246m-deal/)

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