BHEL bags order worth Rs 1474 crore from NTPC

BHEL bags order worth Rs 1474 crore from NTPCPublic sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 

Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar. 

BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.

This is company's first commercial order with supercritical parameters through the International Competitive Bidding. 

Last week, BHEL has secured 38 different projects of total 13,828 MW in the 11th plan period in the eastern region. The company will execute all the projects, which are identified by the Central government in the eastern region, for continuous power supply during the forthcoming Commonwealth Games in October 2010.

BHEL shares touched a high of Rs 1219 on the BSE after the news. It ended the day at Rs 1170, up Rs 31 or 3% over the previous close.

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