BHEL Bags New Orders from MAHAGENCO & Hitachi Energy India
Bharat Heavy Electricals Limited (BHEL), a leading heavy electrical equipment company in India, has secured two significant orders that are expected to boost its growth and revenue. The first order is from MAHAGENCO, a prominent power generation company, while the second order is a consortium agreement with Hitachi Energy India.
Order from MAHAGENCO
The first order is worth ₹8,000 crore and is for the BTG (Boiler, Turbine, and Generator) package of the 2×660 MW Koradi Thermal Power Station. This project is a significant milestone for BHEL as it reinforces the company’s expertise in designing and executing large-scale thermal power projects. The order is expected to contribute significantly to BHEL’s order book and revenue.
The Koradi Thermal Power Station is a major power generation project located in Nagpur, Maharashtra. The project is expected to be completed in a phased manner, with the first unit expected to be commissioned in 2024. The project’s scope includes the design, manufacture, supply, and commissioning of the BTG package, which includes boilers, turbines, generators, and associated auxiliaries.
Order from Hitachi Energy India
The second order is a consortium agreement with Hitachi Energy India, a leading provider of power and infrastructure solutions. The order is for the BF800 HVDC (High-Voltage Direct Current) Project, which involves the design and execution of an HVDC link to transmit 6000 MW of renewable energy.
The HVDC link will play a crucial role in integrating renewable energy sources into the national grid, enabling the transmission of renewable energy from remote locations to consumption centers. The project is expected to contribute significantly to India’s renewable energy goals and help reduce the country’s carbon footprint.
The BF800 HVDC Project is a complex and challenging project that requires the integration of advanced technologies and expertise. BHEL’s consortium with Hitachi Energy India demonstrates the company’s ability to partner with global players to deliver large-scale projects.
Significance of the Orders
The two orders secured by BHEL are significant for several reasons. Firstly, they demonstrate the company’s expertise in designing and executing large-scale thermal and renewable energy projects. The orders are expected to contribute significantly to BHEL’s order book and revenue, which will have a positive impact on the company’s financial performance.
Secondly, the orders reflect the company’s ability to partner with global players to deliver complex projects. The consortium agreement with Hitachi Energy India is a testament to BHEL’s ability to work with international companies to deliver large-scale projects.
Thirdly, the orders are expected to create employment opportunities and stimulate economic growth in the regions where the projects are located. The Koradi Thermal Power Station project, for instance, is expected to create employment opportunities for thousands of people during the construction phase.
Conclusion
In conclusion, BHEL’s two new orders from MAHAGENCO and Hitachi Energy India are significant milestones for the company. The orders demonstrate BHEL’s expertise in designing and executing large-scale thermal and renewable energy projects and its ability to partner with global players to deliver complex projects.
The orders are expected to contribute significantly to BHEL’s order book and revenue, which will have a positive impact on the company’s financial performance. Additionally, the orders are expected to create employment opportunities and stimulate economic growth in the regions where the projects are located.
As India continues to focus on increasing its power generation capacity and integrating renewable energy sources into the national grid, BHEL is well-positioned to play a significant role in the country’s power sector.
