Dongfang Electric Gets $3.06 Billion of Indian, Chinese Orders
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Dongfang Electric Corp., China’s third-largest power equipment maker, said it received 20.4 billion yuan ($3.06 billion) of orders for thermal-, wind- and nuclear-power generating equipment from India and China.
Abhijeet Projects Ltd. will buy 10 sets of 660 megawatt "supercritical" coal-burning units for about $2.5 billion, Dongfang said in a Hong Kong stock exchange filing yesterday. The order, signed Dec. 15, is the company’s largest from India.