New Delhi: State-run Bharat Heavy Electricals on Thursday said it has bagged an order worth Rs338 crore from country’s largest steel producer Steel Authority of India.
“BHEL has won a Rs338 crore order from SAIL for manufacturing turbo-blower packages for its Rourkela plant,” a company statement said.
Turbo-blower packages are compressors used in the blast furnace of a steel plant.
BHEL’s scope of work in the contract includes supply of three compressors with steam turbines along with associated auxiliaries and controls, besides erection and civil works.
The equipment will be supplied by the company’s manufacturing plants at Hyderabad and Bangalore.
BHEL is already investing a significant amount in manufacturing stainless steel tube plant, as a part of its casting and forging business.
It has also formed a 50:50 joint venture company with Heavy Engineering Corporation (HEC) to cater to the needs of castings and forgings.
The new JV company would manufacture some of the castings and forgings required by the two units of HEC, Heavy Machine Building Plant (HMBP) and Heavy Machine Tools Plant (HMTP).
The company recently bagged a Rs1,155 crore order from GVK Power for supplying and installing equipments at a power project in Punjab.