BHEL Said with the Order its Solar Portfolio has Risen to More Than 710 MW

BHEL bags Rs 565 crore orders for solar power plants in Telangana.
BHEL Said with the Order its Solar Portfolio has Risen to More Than 710 MW

The plants are to be set up at four locations in Telangana – Ramagundam (50 MW), Yellandu (39 MW), Manuguru (30 MW) and Pegadapally (10 MW). Bharat Heavy Electricals Limited (BHEL) owned and founded by the Government of India, is an engineering and manufacturing company based in New Delhi, India. Established in 1964, BHEL is India's largest power generation equipment manufacturer.BHEL was established in 1964 ushering in the indigenous Heavy Electrical Equipment industry in India. Heavy Electricals (India) Limited was merged with BHEL in 1974. In 1991, BHEL was converted into a public limited company. Over time, it developed the capability to produce a variety of electrical, electronic and mechanical equipment sectors, including transmission, transportation, oil and gas, and other allied industries. However, the bulk of the revenue of the company is derived from sale of equipment for power generation such as turbines, boilers, etc. As of 2017, BHEL supplied equipment contributed to about 55% of the total installed power generation capacity of India. The company has also supplied thousands of Electric Locomotives to Indian Railway, as well as defense equipment such as the Super Rapid Gun Mount (SRGM) naval guns and Defence Simulators to the Indian Armed Forces.

BHEL is engaged in the design, engineering, manufacturing, construction, testing, commissioning and servicing of a wide range of products, systems, and services for the core sectors of the economy, viz. power, transmission, industry, transportation, renewable energy, oil & gas and defense.

It has a network of 17 manufacturing units, 2 repair units, 4 regional offices, 8 service centers, 8 overseas offices, 15 regional centers, 7 joint ventures, and infrastructure allowing it to execute more than 150 projects at sites across India and abroad. The company has established the capability to deliver 20,000 MW p.a. of power equipment to address the growing demand for power generation equipment.

BHEL has retained its market leadership position during 2015-16 with 74% market share in the Power Sector. An improved focus on project execution enabled BHEL to record its highest ever commissioning/synchronization of 15059 MW of power plants in domestic and international markets in 2015-16, marking a 59% increase over 2014-15. With the all-time high commissioning of 15000 MW in a single year FY2015-16, BHEL has exceeded 170 GW installed base of power generating equipment.

It also has been exporting its power and industry segment products and services for over 40 years. BHEL's global references are spread across over 76 countries across all the six continents of the world. The cumulative overseas installed capacity of BHEL manufactured power plants exceeds 9,000 MW across 21 countries including MalaysiaOmanIraqUAEBhutanEgypt, and New Zealand. Their physical exports range from turnkey projects to after-sales services State nationalized power equipment maker BHEL said it has won an order worth Rs 565 crore from Singareni Collieries Company for situation up solar photovoltaic (SPV) power plants in Telangana.

Bharat Heavy Electricals Ltd (BHEL) said the order valued at Rs 565 crore is the largest SPV power plant order won by BHEL till date.

"The plants are to be set up at four locations in Telangana – Ramagundam (50 MW), Yellandu (39 MW), Manuguru (30 MW) and Pegadapally (10 MW), on engineering, procurement, and construction (EPC) basis," the company said in a regulatory filing.

BHEL said with the order its solar selection has risen to more than 710 MW.

Last week, the corporation had successfully made to order an 800 MW thermal unit within a record time of 46 months in Telangana. Among others, BHEL is also executing the Steam Generator package at the 2×800 MW Telangana STPP for NTPC in the state Shares of BHEL closed trade 1.24 percent lower at Rs 67.75 apiece on Bombay Stock Exchange.

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