BGR Energy and Bharat Heavy Electricals Ltd (BHEL) have emerged as lowest bidders for Rs 9,000 crore contract seeking supply of equipment for five projects of NTPC and Damodar Valley Corp (DVC).
BGR Energy is likely to be awarded contract for supply of 660-mw energy-efficient boilers to three projects, while BHEL is expected to bag rest two, an NTPC official said.
"The lowest bidder is BGR Energy followed by BHEL and L &T Power. After the bids are evaluated the orders will be placed to two lowest bidders as per cabinet guidelines," an NTPC official said.
The equipment is being sourced for NTPC's Mouda, Solapur, Meja, Nabinagar and DVC's Raghunathpur projects.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/bgr-bhel-to-bag-rs-9000-cr-ntpc-dvc-contracts/articleshow/12083016.cms
Wednesday, February 29, 2012
Tuesday, February 28, 2012
BHEL's pact for Rs 8,000 cr power project falls through
The Tamil Nadu Electricity Board (TNEB) has decided to break its ties with public-sector company Bharat Heavy Electricals Ltd (BHEL) for implement the Rs 8,000 crore Udangudi Power Project in Tamil Nadu. The state government alleged that the project was delayed for four years and one of the main reasons was BHEL.
In a statement Tamil Nadu Chief Minister J Jayalalithaa said that the project has been delaying since the Union Environment Ministry was not giving its nod stating that long term coal linkage is not available for the project and the other reason is BHEL was not cooperating, expect that it allocated its share of Rs 32.5 crore towards its stake in the project.
more at:
http://www.business-standard.com/india/news/bhels-pact-for-rs-8000-cr-power-project-falls-through/466157/
In a statement Tamil Nadu Chief Minister J Jayalalithaa said that the project has been delaying since the Union Environment Ministry was not giving its nod stating that long term coal linkage is not available for the project and the other reason is BHEL was not cooperating, expect that it allocated its share of Rs 32.5 crore towards its stake in the project.
more at:
http://www.business-standard.com/india/news/bhels-pact-for-rs-8000-cr-power-project-falls-through/466157/
Monday, February 27, 2012
BHEL bags orders worth Rs 7.74 bn from ONGC
Bharat Heavy Electricals (BHEL) has secured a major contract worth Rs 7.74 billion for supply of onshore drilling rigs from India`s premier upstream oil company, Oil and Natural Gas Corporation (ONGC). The order envisages manufacture and supply of 6 numbers 2,000 HP onshore drilling rigs with AC drives.
Significantly, ONGC has gone in for acquisition of new rigs after a gap of over 18 years and has opted for rigs with high efficency AC drives in line with the latest trends worldwide. Hitherto, ONGC has procured rigs with AC SCR technology where the drawworks and mud pumps, etc. are powered with DC drives. Rig operation with AC drives is more efficient than DC drives due to the high power factor of AC motors.
more at:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20120227162248199&dir=2012/02/27
Significantly, ONGC has gone in for acquisition of new rigs after a gap of over 18 years and has opted for rigs with high efficency AC drives in line with the latest trends worldwide. Hitherto, ONGC has procured rigs with AC SCR technology where the drawworks and mud pumps, etc. are powered with DC drives. Rig operation with AC drives is more efficient than DC drives due to the high power factor of AC motors.
more at:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20120227162248199&dir=2012/02/27
Sunday, February 26, 2012
BHEL to study TN offer for quitting Udangudi power project
IANS reported that power equipment major Bharat Heavy Electricals Ltd will study the Tamil Nadu government's offer to it on the cancellation of the joint venture 1,600 MW Udangudi power project.
A senior official told that "We have not got any official communication from the Tamil Nadu government/Tamil Nadu Electricity Board on the decision to scrap the power project. We will study the pros and cons of the offer that we expect the state government to make and decide on exiting the joint venture.”
Tamil Nadu chief minister Ms J Jayalalithaa recently announced the cancellation of the joint venture citing the lack of progress in the INR 8,000 crore Udangudi power project for which MoU was signed between TNEB and BHEL to promote the power project in 2007. In 2008, TNEB and BHEL floated a joint venture company Udangudi Power Corporation Ltd, each taking 26%. The balance 48% stake was to be contributed by a private player participating in the project or by a financial institution funding the project. The project is yet to get coal linkage and the environmental clearance. The public hearing after preparing the environmental impact assessment was held in 2009. The two joint venture partners have invested INR 32.5 crore each and completed the site levelling activities at the project site.
TN CM has also decided that the state government would fully fund the project, which would be executed by TNEB as a state project with imported coal.
(Sourced from IANS)
ref:
http://www.steelguru.com/indian_news/BHEL_to_study_TN_offer_for_quitting_Udangudi_power_project/252221.html
A senior official told that "We have not got any official communication from the Tamil Nadu government/Tamil Nadu Electricity Board on the decision to scrap the power project. We will study the pros and cons of the offer that we expect the state government to make and decide on exiting the joint venture.”
Tamil Nadu chief minister Ms J Jayalalithaa recently announced the cancellation of the joint venture citing the lack of progress in the INR 8,000 crore Udangudi power project for which MoU was signed between TNEB and BHEL to promote the power project in 2007. In 2008, TNEB and BHEL floated a joint venture company Udangudi Power Corporation Ltd, each taking 26%. The balance 48% stake was to be contributed by a private player participating in the project or by a financial institution funding the project. The project is yet to get coal linkage and the environmental clearance. The public hearing after preparing the environmental impact assessment was held in 2009. The two joint venture partners have invested INR 32.5 crore each and completed the site levelling activities at the project site.
TN CM has also decided that the state government would fully fund the project, which would be executed by TNEB as a state project with imported coal.
(Sourced from IANS)
ref:
http://www.steelguru.com/indian_news/BHEL_to_study_TN_offer_for_quitting_Udangudi_power_project/252221.html
Video magazine of BHEL released
The first edition of a video magazine of Bharat Heavy Electricals Limited, Tiruchi, christened, ‘ Nirmaalai,' was released here by A.V.Krishnan, Executive Director, BHEL, Tiruchi, on Saturday.
The video magazine to be a bi-monthly one would cover major events taking place at BHEL Tiruchi such as major dispatch of boiler components to power projects, important visits, message to employees, feedback from select customers, future plans, value systems, corporate social responsibility activities, and health issues.
Mr.Krishnan said the launch of magazine was part of the company's communication strategy to connect with employees.
more at :
http://www.thehindu.com/news/cities/Tiruchirapalli/article2935021.ece
The video magazine to be a bi-monthly one would cover major events taking place at BHEL Tiruchi such as major dispatch of boiler components to power projects, important visits, message to employees, feedback from select customers, future plans, value systems, corporate social responsibility activities, and health issues.
Mr.Krishnan said the launch of magazine was part of the company's communication strategy to connect with employees.
more at :
http://www.thehindu.com/news/cities/Tiruchirapalli/article2935021.ece
Saturday, February 25, 2012
BHEL's exit from Udangudi Power depends on government's offer
Bharat Heavy Electricals Ltd (BHEL) will study the Tamil Nadu government's offer to it on the cancellation of the joint venture 1,600 MW Udangudi power project, an official said on Saturday.
"We have not got any official communication from the Tamil Nadu government/Tamil Nadu Electricity Board (TNEB) on the decision to scrap the power project. We will study the pros and cons of the offer that we expect the state government to make and decide on exiting the joint venture," a senior BHEL official not wanting to be named told IANS over phone from New Delhi.
Chief Minister J. Jayalalithaa Friday announced the cancellation of the joint venture citing the lack of progress in the Rs.8,000 crore Udangudi power project after the Memorandum of Understanding (MoU) was signed between TNEB and BHEL to promote the power project in 2007.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhels-exit-from-udangudi-power-depends-on-governments-offer/articleshow/12035637.cms
"We have not got any official communication from the Tamil Nadu government/Tamil Nadu Electricity Board (TNEB) on the decision to scrap the power project. We will study the pros and cons of the offer that we expect the state government to make and decide on exiting the joint venture," a senior BHEL official not wanting to be named told IANS over phone from New Delhi.
Chief Minister J. Jayalalithaa Friday announced the cancellation of the joint venture citing the lack of progress in the Rs.8,000 crore Udangudi power project after the Memorandum of Understanding (MoU) was signed between TNEB and BHEL to promote the power project in 2007.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhels-exit-from-udangudi-power-depends-on-governments-offer/articleshow/12035637.cms
Tamil Nadu scraps power joint venture, BHEL surprised
Taking the state-owned Bharat Heavy Electricals Ltd. (BHEL) by surprise, Tamil Nadu Chief Minister J. Jayalalithaa on Friday scrapped the 1,600 MW power joint venture with it and announced that the government would fully fund the project itself.
In a statement issued here on Friday, Jayalalithaa said there had been no progress in the Rs.8,000 crore power project after the Memorandum of Understanding (MoU) was signed in 2007 between the Tamil Nadu Electricity Board (TNEB) and BHEL.
The TNEB had signed the MoU with BHEL to promote the power project at Udangudi in Tuticorin district, taking a 26 percent stake each in the Udangudi Power Corporation Limited, which was promoted in 2008.
more at :
http://ibnlive.in.com/news/tn-scraps-power-joint-venture-bhel-surprised/233364-62-128.html
In a statement issued here on Friday, Jayalalithaa said there had been no progress in the Rs.8,000 crore power project after the Memorandum of Understanding (MoU) was signed in 2007 between the Tamil Nadu Electricity Board (TNEB) and BHEL.
The TNEB had signed the MoU with BHEL to promote the power project at Udangudi in Tuticorin district, taking a 26 percent stake each in the Udangudi Power Corporation Limited, which was promoted in 2008.
more at :
http://ibnlive.in.com/news/tn-scraps-power-joint-venture-bhel-surprised/233364-62-128.html
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