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Three Indian companies and an Indian JV are in a fight with three Chinese companies for a hydropower project in Nepal.
L&T, Jyoti Structures Ltd and KEC International Ltd are the three Indian companies that have been shortlisted for turnkey operations including laying transmission lines and building a substation for the 456 MW Upper Tamakoshi Hydroelectric Project, Nepal's biggest hydel project being built with domestic funding. The Indian joint venture in the fray is partnered by Spain's Cobras Instalaciones Y Servicios and the New Delhi-based Aravali Infrapower Ltd.
Chinese pre-qualified companies are: Sinohydro Corporation, Central China Power Grid International Economic and Trade Company, and Shanghai Electric Power Transmission and Distribution Engineering.
Sinohydro has an edge over its competitors as it has already got the contract for the main civil work.
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