Having an order book of Rs 150,000 cr: BP Rao, CMD, BHEL

In an interview with ET Now, BP Rao, Chairman & Managing Director, BHEL, talks about the new order as well as the order book position of the company.

Your company has won Rs 3700-crore order from the joint venture with Karnataka Power for about 700 megawatts of supercritical unit. Could you give us the details of when the equipment will be delivered and how much of revenue of this order will be booked this very year?

This is a new order which we just received against stiff international competitive bids. This is a 700 megawatt supercritical technology. With this order, we have about 11 sets of boilers in the supercritical technology and about 9 sets of TG sets. This order will be delivered in about four years time and this year we do not have any revenues planned from this. The revenues will start from the next year on this order.

What’s the progress on your Karnataka Power project?

That is yet to start. We need to induct a strategic investor into this joint venture with Karnataka Power Corporation . That process is about to start.

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