India's Power Grid Corp eyes EPC contracts in Africa.

By bne IntelliNews August 18, 2011
Indian state-run utility Power Grid Corp is exploring opportunities for engineering, procurement and construction (EPC) contracts in African countries such as Nigeria, Kenya and Niger, the Business Standard newspaper reported. We have shown interest to work on an EPC basis for development of transmission systems in Niger, Nigeria and Kenya, the company's chairman, S K Chaturvedi, was quoted as saying. Exim Bank has already issued a letter expressing its willingness for investment on behalf of Power Grid in EPC ventures, the executive noted.

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