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 major orders that are expected to boost its order book and revenue. The company has bagged a significant order from Maharashtra State Power Generation Company Limited (MAHAGENCO) for the BTG (Boiler, Turbine, and Generator) package of the 2×660 MW Koradi Thermal Power Station. Additionally, BHEL, in consortium with Hitachi Energy India, has won a contract for the BF800 HVDC Project, which involves the design and execution of an HVDC link to transmit 6000 MW of renewable energy.
The order from MAHAGENCO is valued at ₹8,000 crore and is a testament to BHEL’s capabilities in designing and executing large-scale thermal power projects. The Koradi Thermal Power Station is one of the largest thermal power projects in India, and BHEL’s BTG package will play a crucial role in ensuring the project’s successful execution. This order is expected to not only contribute significantly to BHEL’s order book but also create employment opportunities and stimulate local economic growth.
The second order, worth an undisclosed amount, is a significant milestone for BHEL’s involvement in the renewable energy sector. The BF800 HVDC Project, which is a joint venture with Hitachi Energy India, involves the design and execution of an HVDC link to transmit 6000 MW of renewable energy. This project is a major step forward in India’s efforts to increase its renewable energy capacity and reduce its carbon footprint. BHEL’s expertise in designing and executing complex transmission projects, combined with Hitachi Energy India’s strengths in HVDC technology, makes this consortium an ideal partner for this project.
BHEL’s ability to secure these two major orders is a testament to its commitment to excellence and its reputation as a reliable and efficient partner for power generation and transmission projects. The company’s extensive experience in designing and executing large-scale projects, combined with its cutting-edge technology and expertise, make it an attractive partner for customers seeking reliable and efficient power generation and transmission solutions.
The orders are also a significant boost for BHEL’s revenue and order book. The company has been working to diversify its revenue streams and reduce its dependence on a single sector or customer. The orders from MAHAGENCO and Hitachi Energy India are a major step forward in achieving this goal, as they demonstrate BHEL’s ability to adapt to changing market conditions and customer needs.
In conclusion, BHEL’s bagging of these two major orders from MAHAGENCO and Hitachi Energy India is a significant development for the company and the power generation and transmission industry as a whole. The orders demonstrate BHEL’s capabilities in designing and executing large-scale thermal and renewable energy projects, and its ability to adapt to changing market conditions and customer needs. As the company continues to execute these orders, it is expected to make significant contributions to India’s power generation and transmission capacity, while also creating employment opportunities and stimulating local economic growth.
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