Indian engineering, manufacturing company interested in co-op with Turkmenistan

Business Materials 12 August 2020 10:47 (UTC +04:00)
Indian engineering, manufacturing company interested in co-op with Turkmenistan

BAKU, Azerbaijan, August 12

By Jeila Aliyeva - Trend:

Indian Bharat Heavy Electricals Limited (BHEL) engineering and manufacturing company is interested in establishing mutually beneficial contacts with state and private structures of Turkmenistan, Trend reports with reference to the Union of Industrialists and Entrepreneurs of Turkmenistan.

The company's structure includes 16 manufacturing enterprises that serve more than 150 project sites, both in India and abroad.

BHEL is an engineering and manufacturing enterprise in the energy and infrastructure sectors. The company is a manufacturer of equipment for power plants, and provides services in the field of energy transmission, transport, renewable energy, water supply, defense and aerospace industries, the report said.

Transport is considered as one of the topical areas of business partnership between the two countries. The possibilities of the North-South transnational transport corridor project are being explored, using the potential of the seaports of the two countries.

Ashgabat and Delhi are also discussing interaction opportunities in the chemical and electric power industries. A special role is assigned to the construction project of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline with capacity of 33 billion cubic meters of gas per year.

The construction of the Turkmen section of TAPI was launched on December 13, 2015, while the construction of the Afghan section commenced in February 2018.

The energy bridge will then pass through the Afghan cities of Herat and Kandahar (816 kilometers), through the cities of Quetta and Multan across Pakistani territory (819 kilometers), and reach the settlement of Fazilka in India.

The leader of TAPI Pipeline Company Ltd is Turkmengas, which has the controlling stake and acts as the main financier and project manager. The consortium also includes the Afghan Gas Corporation, Pakistan’s Inter State Gas Systems (Private) Limited and Indian GAIL.

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