Reliance Power awarded an $8.2-billion contract to the Shanghai Electric Group, one of China’s biggest power equipment manufacturers, to supply 36 coal-fired generators.
Reliance Power said in a statement the order included 30,000 MW of boiler, turbine and generator packages for its coal-powered plants. The company described the order as possibly the largest ever deal signed in the power generation sector in the world.
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The steep deterioration in economic outlook measures has been unusually
