By IANS,
Chennai : Engineering-procurement-construction contractor BGR Energy Systems Ltd Thursday said it has bagged an order for two 300 MW coal-based private thermal power plants in Chhattisgarh.
The Chennai-based company said the order from New Delhi-based TRN Energy Pvt Ltd. is valued at Rs.1,698 crore and the completion schedule will be 29 months for unit I and 32 months for unit II.
The plants will be located at Nawapara village in Chhattisgarh and have got forest and environmental clearances.
Coal will be supplied by South Eastern Coal Limited.
The order value includes foreign currency content of $188 million at an exchange rate of Rs.44.70. The contract provides for foreign exchange variation protection to the company at the actual exchange rate.