Active Stocks
Fri Apr 19 2024 13:05:47
  1. Tata Steel share price
  2. 161.15 0.72%
  1. Tata Motors share price
  2. 959.00 -1.28%
  1. NTPC share price
  2. 348.90 -0.71%
  1. Infosys share price
  2. 1,407.35 -0.93%
  1. ITC share price
  2. 425.80 1.64%
Business News/ Companies / Bhel bags Rs431 cr contract from IOC to set up power plant
BackBack

Bhel bags Rs431 cr contract from IOC to set up power plant

Bhel bags Rs431 cr contract from IOC to set up power plant

Premium

New Delhi: Bharat Heavy Electricals Ltd (Bhel) said on 25 July it has bagged a Rs431 crore contract from Indian Oil Corporation (IOC) for setting up a co-generation power plant at its Gujarat Refinery Complex.

Under the engineering, procurement and construction (EPC) contract the power equipment major would set up a 2xframe-6 gas turbine-based co-generation power plant for IOC, Bhel said in a statement.

The power equipment maker’s scope of work in the project involves design, engineering, manufacture, supply, erection and commissioning of two frame-6 gas turbine generators and two heat recovery steam generators (HRSGs) of 100 tonnes per hour capacity, it said.

The company would commission the first unit in 23 months and the second in one month thereafter.

While the gas turbine generators will be manufactured at Bhel’s Hyderabad plant, the HRSGs and control systems will be manufactured at the company’s Trichy plant and electronics division, Bangalore, respectively.

Bhel is already executing a similar turnkey contract for IOC for setting up a frame-5 gas turbine-based co-generation power plant at its Haldia Refinery Complex.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 25 Jul 2007, 01:09 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App