Bharat Heavy Electricals Ltd., or BHEL, India's premier engineering organization, has bagged the main plant package contract for three coal-fired thermal units of 660 MW each with supercritical parameters from Bajaj Group. The company secured the order outbidding Alstom.
Valued at Rs.5,450 crore, the order has been placed on BHEL by Lalitpur Power Generation Co. Ltd. (LPGCL), a Bajaj group company, for setting up the 1,980 MW Lalitpur Supercritical Thermal Power Station in Uttar Pradesh.
This is the first power project being set up by the Bajaj group based on supercritical technology.
With this contract, BHEL has maintained its track record of bagging most of the orders for power generating equipment in Uttar Pradesh. The company has commissioned about 9,900 MW of power generating sets of various ratings in the state, so far.
BHEL is already executing major contracts for supply of main plant equipment with supercritical parameters for the 2x660 MW Barh Thermal Power Project Stage-II of NTPC; 3x660 MW Bara Thermal Power Project of Prayagraj Power Generation Company Ltd., a part of the Jaypee Group; 2x800 MW Yeramarus and 1x800 MW Edlapur Thermal Power Projects of Raichur Power Corporation Ltd. and the 1x700 MW Bellary Thermal Power Project (Unit 3) of KPCL.
In addition, BHEL is also executing a contract for supply of supercritical Steam Generators to APGenco's 2x800 MW Krishnapatnam Thermal Power Project, which is in an advanced stage of completion.
BHEL has established the capability to deliver 15,000 MW of power equipment per annum and further augmentation to 20,000 MW per annum is underway. In fiscal 2009-10, a record 74 percent of the total power generated in the country was contributed by BHEL sets, which comprise two-thirds of the country's installed capacity.
BHEL shares at the BSE are being traded at Rs.2,062, down by Rs.5.90 or 0.29 percent on a volume of around 65,000 shares.
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