Business news

MINSK, 4 June (BelTA) – The Belarusian national electrical company Belenergo and the Indian power engineering company Bharat Heavy Electricals Limited (BHEL) have signed a memorandum of understanding on cooperation in the area of power engineering, representatives of Belenergo’s Information Technologies Office told BelTA.

The document was signed by BHEL’s chairman of the board of directors and managing director and the Belenergo director general.

The memorandum determines the main avenues of cooperation in power engineering that can be later built on and stipulated by relevant agreements. The bilateral document enables basic conditions for cooperation in the joint implementation of projects to build energy installations in third countries, including with assistance of Belenergo’s construction enterprises and design organizations.

The memorandum also provides for sharing the best practices and arranging bilateral consultations.