ONGC's Gas-Powered Plant to Ease Electricity Crisis in India's Northeastern States

KOLKATA, INDIA--September 1, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--India's Oil & Natural Gas Corporation Limited (BSE:500312) (ONGC) (Mumbai) is constructing a 726-megawatt (MW) gas-fired power plant at a cost of $1.9 billion. The plant is expected to ease the acute power crisis in India's seven northeastern states.

Other companies featured: General Electric Company (NYSE:GE), Bharat Heavy Electricals Limited (BSE:500103)