(2nd LD) Doosan Heavy wins 1.2 tln won order from India

(ATTN: ADDS more details throughout; UPDATES share price)
SEOUL, Jan. 25 (Yonhap) -- Doosan Heavy Industries & Construction Co., South
Korea's biggest power-equipment maker, said Monday it has received a 1.2 trillion
won (US$1.1 billion) order from India.

Under the deal with the Indian firm GMR Energy Ltd., Doosan Heavy will build a
coal power plant in Raipur, India.
Construction of the plant, which will have a capacity of 1,370 megawatts, is
scheduled for completion in the second half of 2013, Doosan Heavy said.
In a separate regulatory filing, Doosan Heavy said it will provide equipment
worth 859 billion won to its Indian unit, Doosan Projects India PVT, for the
project.
In 2007, Doosan Heavy also won a $1.22 billion order to build a power plant in
Mundra in the western Indian state of Gujarat.
Shares of Doosan Heavy were trading at 94,600 won on the Seoul bourse as of 1:16
p.m., up 0.21 percent.
India may add 160 gigawatts of coal-powered plants over the next 10 years as its
growing economy boosts electricity demand, it said.
sam@yna.co.kr
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