State-owned Bharat Heavy Electricals Ltd (BHEL) has clinched a significant order from power giant NTPC to establish a 1,600 MW Singrauli thermal power project (Stage-II). This underscores BHEL’s continued prowess in the power generation equipment sector.
The Deal Details
- Contract worth Rs 9,500 crore, excluding GST, signifies a significant achievement for both BHEL and NTPC.
- BHEL to construct Singrauli Super Thermal Power Project, Stage-III, with two 800 MW units in Sonebhadra District, Uttar Pradesh.
- Timely project execution: Unit 1 completion in 50 months, Unit 2 in 54 months.
- Order scope encompasses equipment supply, erection, commissioning, and civil works, showcasing BHEL’s robust capabilities in power infrastructure.
Clarification on Bid
- BSE seeks clarification regarding BHEL’s order acquisition due to being the sole bidder.
- BHEL confirms submission of bid for the NTPC tender on December 21.
- SEBI Listing Regulations, 2015, govern the bid-to-order process, ensuring transparency and fairness.
About BHEL
- Founded in 1956 with Soviet aid, BHEL is a key player in India’s power industry.
- As a government-owned entity, BHEL has evolved into a top power equipment manufacturer.
- BHEL operates under the Ministry of Heavy Industries, showcasing its importance in India’s industrial framework.
- The headquarters in New Delhi epitomize BHEL’s significance in the nation’s industrial landscape.
About NTPC
- NTPC Limited, previously known as National Thermal Power Corporation, is a key player in India’s energy sector.
- As a central PSU under the Ministry of Power, NTPC contributes significantly to electricity generation and distribution nationwide.
- Headquartered in New Delhi, NTPC’s activities include power plant management, consultancy services, and turnkey projects.
- NTPC’s diverse operations solidify its position as a fundamental pillar of India’s energy infrastructure.