Monday, April 11, 2011

Chinese equipment suppliers pip BHEL in meeting deadline

Chinese power equipment suppliers have pipped their largest Indian counterpart, Bharat Heavy Electricals Ltd (BHEL), in meeting delivery commitments, a power ministry study shows. Foreign companies, including Shanghai Electric Corp , Donga Fang Electric, SEPCO Electric Power and Harbin, met 85% of their delivery obligations, as compared to BHEL's 51%.

Equipment for about 33% of power projects in India is being imported from China .

Of the 6,218 MW capacity projects planned with Chinese equipment in 2010-11, plants with generation capacity totaling 5,293 MW went on stream. However, BHEL could commission only 5,721 MW of the committed 11,302 MW capacity addition, the study reveals.

The country was able to add only 12,161 MW of generation capacity last fiscal against a target of 20,359 MW. However, this is the highest-ever capacity addition

more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/chinese-equipment-suppliers-pip-bhel-in-meeting-deadline/articleshow/7939454.cms

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