BGR Energy rises on Rs 1,698-cr EPC contract

“The turnkey contract for setting up 2 * 300 MW coal-based thermal power project at Nawapara Village, Chattisgarh. The said project will be completed within 29 months for unit I and 32 month for unit II," the company said in a filing to the stock exchanges.

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 actual exchange rate, it added.

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