Monday, 24 March 2014

BHEL hits Rs 3,000-crore order jackpot


Power equipment PSU Bharat Heavy Electricals Ltd has secured an order valued at Rs 3,000 crore for the supply of 2x800 MW steam generators (boilers) with supercritical parameters for a power project in Odisha.
The order was given by NTPC Ltd for its power project coming up at Darlipali in Odisha, BHEL said in a communication to the stock exchanges.The company said that that the latest order has put the total orders that BHEL had received for supercritical boilers of 660 MW, 700 MW and 800 MW ratings to 32 sets, establishing its premier position in supercritical technology.
The contract involves design, engineering, supply and commissioning of the steam generators and associated auxiliaries. The key equipment would be produced at BHEL’s Tiruchi, Ranipet, Bhopal, Hyderabad and Bangalore plants and its Power Sector - Southern Region would be responsible for civil works and erection / commissioning of the plant.BHEL said that with a view to meeting the demand growth it has hiked its manufacturing capacity to 20,000 MW per year.
The shares of BHEL (face valure Rs 2) were trading at Rs 188, a gain of Rs 1.05, on the BSE.

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