Wednesday, 2 March 2011

BHEL receives Rs 3220Cr 2x500MW Sagardighi project

Power equipment maker Bharat Heavy Electricals (BHEL) today said it has won an order worth Rs 3,220 crore related to a thermal power project in West Bengal.



The order is for supply and installation of the main plant package for the Sagardighi Thermal Power Project Stage-II in West Bengal. The project has two units of 500 MW each.



In a statement today, BHEL said the order is worth Rs 3,220 crore and has been placed by the West Bengal Power Development Corporation Ltd ( WBPDCL )).



For this contract, BHEL's work would include design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers.



The company would also be responsible for Controls & Instrumentation (C&I), Switchyard and civil works for the main plant package.



"Significantly, even though Stage-I of the power project is equipped with Chinese equipment, yet the customer has reposed confidence in BHEL's capabilities by opting to source equipment from BHEL for the extension project," the firm said.



The order was won under the International Competitive Bidding process.



Shares of the company jumped nearly three per cent to Rs 2,058.50 on the Bombay Stock Exchange .



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