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15 February 2011

BHEL secures an order for gas turbine-based power plant from Yemen:: Angel Broking,

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BHEL secures an order for gas turbine-based power plant from Yemen
BHEL has bagged US $436mn EPC contract for Marib gas-based power project (Phase II)
from Public Electricity Corporation under the Ministry of Electricity and Energy, Yemen. The
EPC contract, which was won through international competitive bidding, is the largest value
order secured by BHEL in the international market for a gas turbine-based power plant. We
remain Neutral on the stock.

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