BHEL bags order worth Rs 3,700 cr from KPCL

Bharat Heavy Electricals Limited (BHEL) has bagged an order worth Rs 3,700 crore to supply the country’s first super critical 700-Mw coal fired unit of Karnataka Power Corporation Ltd (KPCL) for its thermal power station (TPS) at Bellary.

Bellary thermal power station of 500 Mw has already been equipped by BHEL and another unit of same capacity is under execution, a company release said.

The company, earlier, bagged power equipment orders worth Rs 6,000 crore from KPCL for setting up 2x800 Mw of thermal power plants at Yermarus in Raichur district.

B P Rao, chairman and managing director of BHEL had said Business Standard that these orders were part of the deal which BHEL had signed with KPCL for supply of equipment.

As part of the growth strategy, BHEL is also in the process of setting up thermal power plants jointly with various state governments.

It has already entered into tie ups with states like Karnataka, Maharashtra, Tamil Nadu and Madhya Pradesh for setting up of 3x800 Mw, 1,500 Mw, 2x800 Mw and 2x800 Mw power plants respectively.

In Maharashtra, it is setting up the gas-based power plant. For each of these projects, the equipment will be supplied by BHEL, a top company official said.

more at:
http://www.business-standard.com/india/news/bhel-bags-order-worth-rs-3700-crkpcl/416672/