BHEL bags Rs 2,500-cr contract from Neyveli Lignite

New Delhi: Bharat Heavy Electricals Ltd (BHEL) has bagged its first order in the power business sector for the current fiscal. The power sector constitutes 80 per cent of the public sector company’s total business. The company has bagged a Rs 2,569-crore contract for supplying steam generator package to Neyveli Lignite for two thermal units of 500 MW each. These machines will be set up for the 1,000-MW thermal power project in Neyveli, Tamil Nadu. This order was bagged amidst stiff international competitive bidding. This development comes at a time when the performance of eight core industrial sectors recorded a growth of eight per cent in September. In the past, Neyveli placed orders to BHEL for its 2x500 MW Tuticorin, 2x250 MW Neyveli and 2x125 MW Barsingsar projects, all after international competitive bidding. “With this order, the customer has reposed confidence in the company’s technological excellence as also its capability in executing power projects of this magnitude,” a statement issued by BHEL said. As on June 30, 2013, the company’s order book was around Rs 1.08 lakh crore. It got total orders worth Rs 31,650 crore in 2012-13, an increase of 43 per cent.