Sunday, April 8, 2012

BHEL 'willing' to continue with Tamil Nadu on Udangudi JV

Energy-related engineering and manufacturing enterprise Bharat Heavy Electricals Ltd (BHEL) has approached the Tamil Nadu government to reconsider its decision on cancelling a joint venture (JV) for the Rs 8000-crore Udangudi power project in downstate Tuticorin.

"We have written to the state government that we have enhanced our capacity to 20,000 Mw. So, considering our order-book size, we can complete the project within the set target of December 2015 if the job is given to us," said A K Ghosh, chief executive officer of the state-owned BHEL's power sector (southern region), called PSSR. He was speaking to reporters after announcing the performance results for PSSR, which handles the erection, commissioning and servicing of the 1953-founded company's power projects in southern part of the country.

In February this year, Tamil Nadu had announced its decision to dissolve the JV it had with Bhel to set up the 1600-Mw Udangudi power project.

This, Chief Minister J Jayalalithaa said, was considering a lack of progress in the project after the signing of the memorandum of understanding for the project way back in 2007

more at:
http://business-standard.com/india/news/bhel-willing-to-continuetamil-naduudangudi-jv/470637/

No comments: