BHEL announced that it has secured an order worth Rs 400 crore (US$95mn) to build a 28 MW hydroelectric plant in Rwanda from the country’s central government. The project involves supply of critical components as well as execution. This project news comes soon after BHEL announced bagging a similar project in Vietnam. BHEL’s international expansion might improve its top line but certainly lends exposes the bottom-line to forex fluctuations.
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