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Friday, October 30, 2009

BHEL gets $1.1 bln power plant order

India's largest power equipment maker Bharat Heavy Electricals said on Friday it has secured a Rs 50.4 billion($1.07 billion) order from Jindal Power to build a 2,400 megawatts power plant in the central Indian state of Chattisgarh.

Under the agreement, BHEL will set up four units of 600 MW each for the plant.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 11
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.1% 0.3% 0.2%
18:00 Building Permits (MoM) 1 -6.6% 2.2% -5.3% Revised from -4.1%
20:00 EIA Crude Oil Stocks Change 1 -3.644M 0.100M -4.304M
22:30 10-Year Note Auction 1 4.421% 4.342%
23:30 Monthly Budget Statement 2 $-316B $-325B $258B
Thursday, Jun 12
04:15 Electronic Card Retail Sales (YoY) 1 -0.3% -0.3%
04:15 Electronic Card Retail Sales (MoM) 1 0%
04:31 RICS Housing Price Balance 1 -3% -3%
06:30 Consumer Inflation Expectations 2 4.1%
11:30 Industrial Production (MoM) 2 -0.5% -0.7%
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