The country’s first mega power project in the private sector will be fully commercial by August 15, Minister of State of Commerce and Power Jairam Ramesh said today.
The Minister, who is on the visit to the unit — 1,000-Mw O P Jindal Super Thermal Power Plant at Tamnar near Raigarh in Chhattisgarh, said private power companies should stop poaching on PSUs like NTPC and BHEL.
The first mega power plant is being set up by Jindal Power Ltd (JPL), an official statement said today.
The Rs 4,300-crore power complex, which has four units of 250 Mw each supplied by BHEL, is already feeding over 800 Mw into the grid
source:
http://www.business-standard.com/common/news_article.php?leftnm=3&subLeft=1&chklogin=N&autono=329797&tab=r
Sunday, July 27, 2008
Friday, July 25, 2008
BHEL eyes Phase III expansion, order book swells
The public sector Bharat Heavy Electricals Ltd (BHEL) here will be preparing detailed project report for the third phase of expansion to augment capacity for executing new orders, BHEL General Manager Incharge V Ananthakrishnan said.
Addressing workers here yesterday after assuming charge, Ananthakrishnan said the present order book of the BHEL unit here stood at Rs 20,000 crore and would go up further.
With continious growth in orders for power equipment, BHEL was already carrying out expansion in two phases at a cost of Rs 922 crore. The work was expected to be completed by March Next.
The proposed third phase of expansion would help add production capacity by 5000 MW to the existing cpacity of 15,000 MW.
The present order book position was comfortable for the next four years and sought the cooperation of the workers to register continuous growth.
BHEL outgoing Executive Director R N Mishra said the company was negotiating with Reliance Power for supplying five units of 800 MW super critical boilers worth Rs 2,600 crore.
He wanted the workers to prepare themselves to face stiff global competition by meeting delivery and time schedules.
source:
http://sify.com/finance/fullstory.php?id=14723613
Addressing workers here yesterday after assuming charge, Ananthakrishnan said the present order book of the BHEL unit here stood at Rs 20,000 crore and would go up further.
With continious growth in orders for power equipment, BHEL was already carrying out expansion in two phases at a cost of Rs 922 crore. The work was expected to be completed by March Next.
The proposed third phase of expansion would help add production capacity by 5000 MW to the existing cpacity of 15,000 MW.
The present order book position was comfortable for the next four years and sought the cooperation of the workers to register continuous growth.
BHEL outgoing Executive Director R N Mishra said the company was negotiating with Reliance Power for supplying five units of 800 MW super critical boilers worth Rs 2,600 crore.
He wanted the workers to prepare themselves to face stiff global competition by meeting delivery and time schedules.
source:
http://sify.com/finance/fullstory.php?id=14723613
Thursday, July 24, 2008
NPCIL-BHEL venture to float EoI for nuclear tech partner
Buoyed by Parliamentary approval to the India-U.S. nuclear deal, the joint venture between the Bharat Heavy Electricals Limited (BHEL) and the Nuclear Power Corporation of India Limited (NPCIL) has decided to float an Expression of Interest (EoI) to search for a ‘technology partner’ for 700 MWe, 1,000 MWe and 1,600 MWe turbine technology.
“The passage of the nuclear deal in Parliament and its positive outcome certainly augurs well for the joint venture.
“We will now move forward on the technology front and the joint venture will float an EoI next month to seek a technology partner for manufacture of 700 MWe, 1,000 MWe and 1,600 MWe turbines for nuclear plants. The attempt is to explore and evaluate various technology options available for steam turbine generation sets of 700 MWe rating and above and also enable BHEL to develop as an indigenous source capable of designing and manufacturing steam gensets of such ratings to meet the needs of various nuclear projects proposed to be set up in future,” BHEL Chairman and Managing Director K. Ravi Kumar said on Thursday.
Asserting that BHEL was ready to face challenges posed by the ambitious challenges proposed in the XI Plan, Mr. Kumar said his company had a tie up with Siemens on 600 MW super heat and 600 MW heat turbines and boilers.
The joint venture was formed in May to provide services for nuclear plants in India and abroad. The joint venture entity will carry out Engineering, Procurement and Construction (EPC) activity for nuclear power plants on mutually beneficial terms.
BHEL is now executing several contracts for NPCIL for equipment supply and erection including a prestigious contract for the turbine generator and secondary side equipment for the first prototype east breeder reactor (PFBR) of 500 MW rating being set up by the Bharatiya Nabhikiya Vidyut Nigam at Kalpakkam in Tamil Nadu.
Ref:
http://www.hindu.com/2008/07/25/stories/2008072553391500.htm
“The passage of the nuclear deal in Parliament and its positive outcome certainly augurs well for the joint venture.
“We will now move forward on the technology front and the joint venture will float an EoI next month to seek a technology partner for manufacture of 700 MWe, 1,000 MWe and 1,600 MWe turbines for nuclear plants. The attempt is to explore and evaluate various technology options available for steam turbine generation sets of 700 MWe rating and above and also enable BHEL to develop as an indigenous source capable of designing and manufacturing steam gensets of such ratings to meet the needs of various nuclear projects proposed to be set up in future,” BHEL Chairman and Managing Director K. Ravi Kumar said on Thursday.
Asserting that BHEL was ready to face challenges posed by the ambitious challenges proposed in the XI Plan, Mr. Kumar said his company had a tie up with Siemens on 600 MW super heat and 600 MW heat turbines and boilers.
The joint venture was formed in May to provide services for nuclear plants in India and abroad. The joint venture entity will carry out Engineering, Procurement and Construction (EPC) activity for nuclear power plants on mutually beneficial terms.
BHEL is now executing several contracts for NPCIL for equipment supply and erection including a prestigious contract for the turbine generator and secondary side equipment for the first prototype east breeder reactor (PFBR) of 500 MW rating being set up by the Bharatiya Nabhikiya Vidyut Nigam at Kalpakkam in Tamil Nadu.
Ref:
http://www.hindu.com/2008/07/25/stories/2008072553391500.htm
Monday, July 21, 2008
BHEL Q1 net rises 33% on higher sales
Buoyed by a healthy topline growth, State-owned equipment major Bharat Heavy Electricals Ltd (BHEL) on Monday announced a 33 per cent jump in net profit during the first quarter of the current fiscal.
BHEL’s net profit for the April-June period was Rs 384.41 crore against Rs 288.91 crore during the same period a year earlier, the company said in a statement to the Bombay Stock Exchange. Total revenue rose 34 per cent to Rs 4,620.98 crore during the quarter, up from Rs 3,440.20 crore.
Shares of BHEL closed down 1.56 per cent at Rs 1506.45 on the BSE. The results were announced after the market had closed.
Ref:
http://www.thehindubusinessline.com/2008/07/22/stories/2008072252160200.htm
BHEL’s net profit for the April-June period was Rs 384.41 crore against Rs 288.91 crore during the same period a year earlier, the company said in a statement to the Bombay Stock Exchange. Total revenue rose 34 per cent to Rs 4,620.98 crore during the quarter, up from Rs 3,440.20 crore.
Shares of BHEL closed down 1.56 per cent at Rs 1506.45 on the BSE. The results were announced after the market had closed.
Ref:
http://www.thehindubusinessline.com/2008/07/22/stories/2008072252160200.htm
Sunday, July 20, 2008
PM okays grant for APGenco, BHEL project
The Indian Prime Minister, Dr Manmohan Singh, on Thursday approved a grant of Rs 350 crore for the 125-MW Integrated Gasification Combined Cycle (IGCC) project being put up at Vijayawada in Andhra Pradesh, by a joint venture of Andhra Pradesh Power Generation Corporation (APGenco) and Bharat Heavy Electricals Ltd (BHEL).
The ‘Technology Demonstrator’ project costs Rs 950 crore. This is substantially higher than a conventional coal-fired project of similar size which would cost between Rs 500 crore and Rs 600 crore.
Originally, APGenco was to contribute Rs 530 crore for the project and BHEL, Rs 420 crore. Now it is expected that the Government’s contribution of Rs 350 crore would be taken as part of BHEL’s.
“That would be my recommendation,” Mr Jairam Ramesh, Union Minister of State for Power, told Business Line on Sunday.
Significance
In conventional coal-fired power plants, heat from coal burning in the boilers is used to convert water into steam which hits the turbines. In an IGCC plant, coal is first converted into a combustible gas. All the rest of it is the same as any natural gas-fired combined cycle power plant.
“Not only does the use of the IGCC technology lead to higher overall efficiency, it also leads to much lower greenhouse gas emissions compared with a conventional thermal power plant,” says Dr R. Chidambaram, Principal Scientific Adviser to the Government of India, in a letter he had written to the Prime Minister asking for the grant.
ref:
http://www.thehindubusinessline.com/2008/07/21/stories/2008072151540100.htm
The ‘Technology Demonstrator’ project costs Rs 950 crore. This is substantially higher than a conventional coal-fired project of similar size which would cost between Rs 500 crore and Rs 600 crore.
Originally, APGenco was to contribute Rs 530 crore for the project and BHEL, Rs 420 crore. Now it is expected that the Government’s contribution of Rs 350 crore would be taken as part of BHEL’s.
“That would be my recommendation,” Mr Jairam Ramesh, Union Minister of State for Power, told Business Line on Sunday.
Significance
In conventional coal-fired power plants, heat from coal burning in the boilers is used to convert water into steam which hits the turbines. In an IGCC plant, coal is first converted into a combustible gas. All the rest of it is the same as any natural gas-fired combined cycle power plant.
“Not only does the use of the IGCC technology lead to higher overall efficiency, it also leads to much lower greenhouse gas emissions compared with a conventional thermal power plant,” says Dr R. Chidambaram, Principal Scientific Adviser to the Government of India, in a letter he had written to the Prime Minister asking for the grant.
ref:
http://www.thehindubusinessline.com/2008/07/21/stories/2008072151540100.htm
Wednesday, July 16, 2008
BHEL bags Rs 160 crore order from UAE firm
Bharat Heavy Electricals Wednesday said it has received a Rs 160 crore order from an UAE firm for supply of two gas turbine generating units.
"The company has bagged an export contract for supply of two gas turbine generating units of 42 MW each from UAE-based firm International Energy Resources," a company release said.
The two units are planned to be used in different locations for the Mobile Power Plants.
This order comes close on the heels of a similar order received from Al Ghail Power LLC, another UAE-based company.
BHEL has so far set up 14 power projects in the Middle East apart from sub-stations and supply of equipment for the power and oil and gas sectors.
Establishing its global footprints, the company recently made its maiden entry into Syria by bagging a Rs 2,080 crore turnkey contract to develop 400 MW thermal power project in that country.
The order has been placed by Public Establishment of Electricity for Generation and Transmission (PEEGT), Ministry of Electricity, Syria.
The company will design, manufacture, supply, erect and commission the main plant equipment with associated auxiliaries, balance of plant and electricals and civil works.
source:
http://www.zeenews.com/articles.asp?aid=455769&sid=BUS&ssid=53
"The company has bagged an export contract for supply of two gas turbine generating units of 42 MW each from UAE-based firm International Energy Resources," a company release said.
The two units are planned to be used in different locations for the Mobile Power Plants.
This order comes close on the heels of a similar order received from Al Ghail Power LLC, another UAE-based company.
BHEL has so far set up 14 power projects in the Middle East apart from sub-stations and supply of equipment for the power and oil and gas sectors.
Establishing its global footprints, the company recently made its maiden entry into Syria by bagging a Rs 2,080 crore turnkey contract to develop 400 MW thermal power project in that country.
The order has been placed by Public Establishment of Electricity for Generation and Transmission (PEEGT), Ministry of Electricity, Syria.
The company will design, manufacture, supply, erect and commission the main plant equipment with associated auxiliaries, balance of plant and electricals and civil works.
source:
http://www.zeenews.com/articles.asp?aid=455769&sid=BUS&ssid=53
Monday, July 14, 2008
BHEL of India secures second 600 MW EPC contract
Bharat Heavy Electricals Limited (BHEL) has secured a repeat EPC contract for a 600 MW thermal power generating unit in the Indian state of Tamil Nadu.
Valued at INR21.8bn ($508m), the EPC contract has been awarded by the Tamil Nadu Electricity Board (TNEB). The 600 MW thermal power generating unit will be located at the North Chennai thermal power station.
This is the second order that BHEL has secured for a new unit designed to subcritical parameters. TNEB previously placed a similar EPC contract with BHEL for a 600 MW thermal power generating unit at the same power station.
For the latest contract, the boiler and its auxiliaries will be manufactured by BHEL at its Tiruchirapalli and Ranipet works in Tamil Nadu, while the steam turbine and generator will be manufactured at the company's Haridwar plant.
The pumps and heat exchangers will be manufactured at its Hyderabad plant and the electricals at the Bhopal plant, while controls and instrumentation will be supplied by BHEL's electronics division in Bangalore.
BHEL and TNEB have also recently signed a Memorandum of Understanding for the formation of a joint venture company to establish a 2 x 800 MW supercritical thermal power project.
source:http://pepei.pennnet.com/display_article/334248/6/ARTCL/none/none/1/BHEL-of-India-secures-second-600-MW-EPC-contract/
Valued at INR21.8bn ($508m), the EPC contract has been awarded by the Tamil Nadu Electricity Board (TNEB). The 600 MW thermal power generating unit will be located at the North Chennai thermal power station.
This is the second order that BHEL has secured for a new unit designed to subcritical parameters. TNEB previously placed a similar EPC contract with BHEL for a 600 MW thermal power generating unit at the same power station.
For the latest contract, the boiler and its auxiliaries will be manufactured by BHEL at its Tiruchirapalli and Ranipet works in Tamil Nadu, while the steam turbine and generator will be manufactured at the company's Haridwar plant.
The pumps and heat exchangers will be manufactured at its Hyderabad plant and the electricals at the Bhopal plant, while controls and instrumentation will be supplied by BHEL's electronics division in Bangalore.
BHEL and TNEB have also recently signed a Memorandum of Understanding for the formation of a joint venture company to establish a 2 x 800 MW supercritical thermal power project.
source:http://pepei.pennnet.com/display_article/334248/6/ARTCL/none/none/1/BHEL-of-India-secures-second-600-MW-EPC-contract/
Sunday, July 13, 2008
NTPC-BHEL JV to invest Rs.6000 crore in power equipment plant
NTPC-BHEL Power Projects Pvt Ltd. (NBPPL), an equal joint venture (JV) between India's top power producer NTPC Ltd and Bharat Heavy Electricals Ltd (BHEL), said it plans to invest Rs.6000 crore ($1.5 billion) in greenfield projects to set up a power equipment plant that would manufacture boilers and turbines.
Corporate homepages of NTPC Ltd and Bharat Heavy Electricals Ltd (BHEL) are seen in a composite image. NTPC-BHEL Power Projects Pvt Ltd. (NBPPL), an equal joint venture (JV) between India's top power producer NTPC Ltd and Bharat Heavy Electricals Ltd...Article Tags
bhel boilers equipment ntpc power turbines
More News Related to bhel >>
More News Related to boilers >>
More News Related to equipment >>
More News Related to ntpc >>
More News Related to power >>
More News Related to turbines >>The plant is expected to begin operations by 2013 and would produce the equipments for power plants with an annual capacity of 5000 megawatts (MW) of greenfield thermal capacity.
The location of the plant has not yet been decided.
According to Jairam Ramesh, Minister of State for Power and Commerce, the JV enterprise would undertake three broad categories of businesses in three phases.
In the first phase, the enterprise would compete for securing engineering procurement and construction contracts for power projects in India and overseas. This would be followed by the manufacture of critical balance-of-plant equipment for power units and, in the final phase, it would set up a power equipment manufacturing plant.
The funds for the project would be raised from a mix of debt and equity in 70:30 ratio, Ramesh said.
The Noida-based JV enterprise was set up jointly by NTPC and BHEL in December with an initial capital infusion of Rs.5 crore and is likely to get its first CEO by the end of this month.
The enterprise is likely to put up manufacturing bases across three possible sites: Visakhapatnam for boilers, Pune for turbines and a possible site in West Bengal for balance-of-plant equipment
source:
http://in.ibtimes.com/articles/20080713/ntpc-bhel-power-equipment-turbines-boilers.htm
Corporate homepages of NTPC Ltd and Bharat Heavy Electricals Ltd (BHEL) are seen in a composite image. NTPC-BHEL Power Projects Pvt Ltd. (NBPPL), an equal joint venture (JV) between India's top power producer NTPC Ltd and Bharat Heavy Electricals Ltd...Article Tags
bhel boilers equipment ntpc power turbines
More News Related to bhel >>
More News Related to boilers >>
More News Related to equipment >>
More News Related to ntpc >>
More News Related to power >>
More News Related to turbines >>The plant is expected to begin operations by 2013 and would produce the equipments for power plants with an annual capacity of 5000 megawatts (MW) of greenfield thermal capacity.
The location of the plant has not yet been decided.
According to Jairam Ramesh, Minister of State for Power and Commerce, the JV enterprise would undertake three broad categories of businesses in three phases.
In the first phase, the enterprise would compete for securing engineering procurement and construction contracts for power projects in India and overseas. This would be followed by the manufacture of critical balance-of-plant equipment for power units and, in the final phase, it would set up a power equipment manufacturing plant.
The funds for the project would be raised from a mix of debt and equity in 70:30 ratio, Ramesh said.
The Noida-based JV enterprise was set up jointly by NTPC and BHEL in December with an initial capital infusion of Rs.5 crore and is likely to get its first CEO by the end of this month.
The enterprise is likely to put up manufacturing bases across three possible sites: Visakhapatnam for boilers, Pune for turbines and a possible site in West Bengal for balance-of-plant equipment
source:
http://in.ibtimes.com/articles/20080713/ntpc-bhel-power-equipment-turbines-boilers.htm
Friday, July 11, 2008
BHEL bags Rs21.75bn contract from TN
BHEL has secured a Rs21,750 mn, the EPC contract for setting up a 600 MW thermal power generating unit in Tamil Nadu, on EPC basis by Tamil Nadu Electricity Board TNEB
This is the second order secured by BHEL for the new rating unit of 600 MW designed to sub critical parameters and is a testimony to the customers confidence in the companys capabilities and proven technological excellence.
TNEB has earlier placed a similar EPC contract on BHEL for setting up a 600 MW thermal power generating unit at the same power station.
For the contract, the Boiler and its auxiliaries will be manufactured by BHEL at its Tiruchirapalli and Ranipet works in Tamil Nadu, while the Steam Turbine and Generator will be manufactured at the companys Haridwar plant.
The Pumps and Heat Exchangers will be manufactured at its Hyderabad plant and Electricals at the Bhopal plant, while the state of the art Controls and instrumentation system will be supplied by BHELs Electronics Division, Bangalore.
BHEL and TNEB have recently signed a MoU for the formation of a Joint Venture Company for setting up a 2x800 MW Supercritical Thermal Power Project Udangudi in Tiruchendur Taluk of Tuticorin District in Tamil Nadu, with principal equity stake from BHEL and TNEB.
The project, with a total capital outlay of around Rs.85,000mn, will be the first supercritical power project in the state of Tamil Nadu and will strengthen the power availability in the state. These initiatives will give a tremendous boost to the developmental efforts of the Govt. of Tamil Nadu.
ref:
http://www.indiainfoline.com/news/innernews.asp?storyId=73114&lmn=1
This is the second order secured by BHEL for the new rating unit of 600 MW designed to sub critical parameters and is a testimony to the customers confidence in the companys capabilities and proven technological excellence.
TNEB has earlier placed a similar EPC contract on BHEL for setting up a 600 MW thermal power generating unit at the same power station.
For the contract, the Boiler and its auxiliaries will be manufactured by BHEL at its Tiruchirapalli and Ranipet works in Tamil Nadu, while the Steam Turbine and Generator will be manufactured at the companys Haridwar plant.
The Pumps and Heat Exchangers will be manufactured at its Hyderabad plant and Electricals at the Bhopal plant, while the state of the art Controls and instrumentation system will be supplied by BHELs Electronics Division, Bangalore.
BHEL and TNEB have recently signed a MoU for the formation of a Joint Venture Company for setting up a 2x800 MW Supercritical Thermal Power Project Udangudi in Tiruchendur Taluk of Tuticorin District in Tamil Nadu, with principal equity stake from BHEL and TNEB.
The project, with a total capital outlay of around Rs.85,000mn, will be the first supercritical power project in the state of Tamil Nadu and will strengthen the power availability in the state. These initiatives will give a tremendous boost to the developmental efforts of the Govt. of Tamil Nadu.
ref:
http://www.indiainfoline.com/news/innernews.asp?storyId=73114&lmn=1
BHEL gearing up to produce super critical boilers
Bharat Heavy Electricals Limited is gearing up to produce super critical or 'once through' boilers of above 600 MW and had already received a number of orders, according to a top company official.
The first order for manufacturing and installing two 600 MW plants was received from Bihar. The Andhra Pradesh Power Development Company was almost finalising their orders for super critical thermal power plants, R N Mishra, Executive Director of the public sector BHEL (Tiruchirapalli) said.
"We are well placed to bag orders for two units of 800 MW capacity power plants, to be commissioned at Krishnapattinam near Nellore in Andhra Pradesh," he said, speaking at the annual sub-contractors meet.
Besides PSUs like National Thermal Power Corporation and other state government power undertakings, private players had also evinced interest in placing orders for 600 MW and 800 MW.
he said BHEL was in the process of expanding production capacity at a total investment of Rs 1000 crore.
A Chandrababu, general manager (outsourcing), who also spoke, said the company was looking at outsourcing more than 3.5 lakh tonnes of components made by BHEL sub-contractors. he said the piping centre at chennai had already outsourced 18000 tonnes,which would be enhanced to 30000 tonnes this year
Chandrababu said three prominent sub contractors had invested Rs 10 crore each to install state-of-the-art auto welding machines. About 15 vendors had signed an MoU with BHEL to deliver 500 tonnes a month, he added
ref:
http://www.hindu.com/thehindu/holnus/006200807111321.htm
The first order for manufacturing and installing two 600 MW plants was received from Bihar. The Andhra Pradesh Power Development Company was almost finalising their orders for super critical thermal power plants, R N Mishra, Executive Director of the public sector BHEL (Tiruchirapalli) said.
"We are well placed to bag orders for two units of 800 MW capacity power plants, to be commissioned at Krishnapattinam near Nellore in Andhra Pradesh," he said, speaking at the annual sub-contractors meet.
Besides PSUs like National Thermal Power Corporation and other state government power undertakings, private players had also evinced interest in placing orders for 600 MW and 800 MW.
he said BHEL was in the process of expanding production capacity at a total investment of Rs 1000 crore.
A Chandrababu, general manager (outsourcing), who also spoke, said the company was looking at outsourcing more than 3.5 lakh tonnes of components made by BHEL sub-contractors. he said the piping centre at chennai had already outsourced 18000 tonnes,which would be enhanced to 30000 tonnes this year
Chandrababu said three prominent sub contractors had invested Rs 10 crore each to install state-of-the-art auto welding machines. About 15 vendors had signed an MoU with BHEL to deliver 500 tonnes a month, he added
ref:
http://www.hindu.com/thehindu/holnus/006200807111321.htm
Monday, July 7, 2008
NTPC-Bhel JV to invest Rs 6,000 cr in new unit
NTPC-BHEL Power Projects (NBPPL), a 50:50 JV between NTPC and BHEL, will invest Rs 6,000 crore to set up a power equipment manufacturing facility that will churn out boilers and turbines equipped to charge up 5,000 MW of greenfield thermal capacity by calendar 2013. This was announced in Kolkata by Union minister of state for power and commerce Jairam Ramesh on Sunday.
“We’ve readied NBPPL’s business plan and it will be placed for discussions soon. NBPPL will undertake three broad categories of business and it will be taken up in three phases,” said Mr Ramesh.
Elaborating, he said: “In the first phase, the company will vie for engineering procurement and construction jobs for power plants in India and abroad. The second phase will involve manufacturing a critical balance of plant equipment for power units and in the final phase, it will set up a power equipment manufacturing plant.
The plant will have a capacity to manufacture critical components — boilers and turbines — for power plants with an annual capacity of 5,000 mw by 2013,” said K Ravi Kumar, CMD, BHEL. The location of the plant, however, has not yet been finalised.
More at:
http://economictimes.indiatimes.com/News/News_By_Industry/Energy/NTPC-Bhel_JV_to_invest_Rs_6000_cr_in_new_unit/articleshow/3208696.cms
“We’ve readied NBPPL’s business plan and it will be placed for discussions soon. NBPPL will undertake three broad categories of business and it will be taken up in three phases,” said Mr Ramesh.
Elaborating, he said: “In the first phase, the company will vie for engineering procurement and construction jobs for power plants in India and abroad. The second phase will involve manufacturing a critical balance of plant equipment for power units and in the final phase, it will set up a power equipment manufacturing plant.
The plant will have a capacity to manufacture critical components — boilers and turbines — for power plants with an annual capacity of 5,000 mw by 2013,” said K Ravi Kumar, CMD, BHEL. The location of the plant, however, has not yet been finalised.
More at:
http://economictimes.indiatimes.com/News/News_By_Industry/Energy/NTPC-Bhel_JV_to_invest_Rs_6000_cr_in_new_unit/articleshow/3208696.cms
Sunday, July 6, 2008
BHEL set to bag Rs 25 bn order for boilers
Bharat Heavy Electricals (BHEL) is set to win the order for boilers for the 1,600-mw Krishnapatnam power project of Andhra Pradesh Power Generation Corporation (APGENCO), reports Business Line.
It is understood, BHEL (Q, N,C,F)* beat the L&T-Mitsubishi Heavy Industries (MHI) joint venture to the order by a very slim margin. The order is valued at Rs 25 billion.
The final value of the contract is being worked out by the project consultants, because some adjustments would need to be made to the bid value. It is also learnt that the order is yet to be formally placed on BHEL, but now it is only a formality.
Shares of the company closed up Rs 103.7, or 7.43%, at Rs 1500.3. The total volume of shares at the BSE traded was 518,297 (Friday).
source:
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080707080655173&dir=2008/07/07&secID=livenews
It is understood, BHEL (Q, N,C,F)* beat the L&T-Mitsubishi Heavy Industries (MHI) joint venture to the order by a very slim margin. The order is valued at Rs 25 billion.
The final value of the contract is being worked out by the project consultants, because some adjustments would need to be made to the bid value. It is also learnt that the order is yet to be formally placed on BHEL, but now it is only a formality.
Shares of the company closed up Rs 103.7, or 7.43%, at Rs 1500.3. The total volume of shares at the BSE traded was 518,297 (Friday).
source:
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080707080655173&dir=2008/07/07&secID=livenews
Wednesday, July 2, 2008
Power sector to influence economic growth: Montek
Soaring crude oil prices and rising inflation will be hurdle for India in achieving the proposed economic growth, said Deputy Chairman of Planning Commission Montek Singh Ahluwalia.
Unless the problem in power sector sorted out, the economic growth will adversely affect the country’s economic policies, he said after releasing a Mckinsey report titled “Powering India, the road to 2017” on Monday.
Currently the losses in the power sector stood at a high 35 percent and the state governments need to take measures to reduce the AT&C losses, he said. However, the report indicates that AT&C losses could be brought down to 15 percent by 2017, he added.
The McKinsey report has introduced the ten-point programme to make Indian power sector vibrant. The programme aims to address—viability and market risks, slow pace of capacity addition, inadequate fuel supplies and operational inefficiencies.
The report has suggested that a focused distribution sector reforms could reduce AT&C losses to 15 percent by 2017. Incidentally, the government planned to achieve this targeted by the end of 10th Plan period ending 2007. It has also suggested creation of a well functioning wholesale market for power trading.
Introducing differential peaking tariffs will supplement in improving market mechanisms, the report has said. “Prepare and bid over 140 project sites by 2012, with end-to-end approvals in place,” the report has suggested.
Source:
http://www.commodityonline.com/news/topstory/Power-sector-to-influence-economic-growth-Montek-10145-3.html
Unless the problem in power sector sorted out, the economic growth will adversely affect the country’s economic policies, he said after releasing a Mckinsey report titled “Powering India, the road to 2017” on Monday.
Currently the losses in the power sector stood at a high 35 percent and the state governments need to take measures to reduce the AT&C losses, he said. However, the report indicates that AT&C losses could be brought down to 15 percent by 2017, he added.
The McKinsey report has introduced the ten-point programme to make Indian power sector vibrant. The programme aims to address—viability and market risks, slow pace of capacity addition, inadequate fuel supplies and operational inefficiencies.
The report has suggested that a focused distribution sector reforms could reduce AT&C losses to 15 percent by 2017. Incidentally, the government planned to achieve this targeted by the end of 10th Plan period ending 2007. It has also suggested creation of a well functioning wholesale market for power trading.
Introducing differential peaking tariffs will supplement in improving market mechanisms, the report has said. “Prepare and bid over 140 project sites by 2012, with end-to-end approvals in place,” the report has suggested.
Source:
http://www.commodityonline.com/news/topstory/Power-sector-to-influence-economic-growth-Montek-10145-3.html
Tuesday, July 1, 2008
BHEL loses order to BGR Energy, Chennai! ( or to Dongfang, Cjina???)
The Chennai-based BGR Energy Systems Ltd on Tuesday announced it had won an ‘engineering, procurement, construction’ contract from Tamil Nadu Electricity Board (TNEB). The job, worth Rs 3,100 crore, is for building a single unit of 600 MW, coal-based power project at Mettur, Tamil Nadu.
BGR Energy has won the contract over the public sector power equipment major, BHEL, which was the only other bidder in the international tender.
The boilers, turbines and generators will be supplied from Dongfang, the Chinese power equipment manufacturer.
The ‘balance of plant’ will be produced in-house by BGR Energy. The project includes the installation of a ‘gas insulated substation’, which will also be imported.
Addressing a press conference here, Mr B.G. Raghupathy, Chairman and Managing Director, BGR Energy, said the value of materials and services provided “in-house” is about Rs 1,500 crore (rest being ‘bought-out’).
Source:
http://www.moneycontrol.com/india/news/business/bgr-energy-beats-bhel-to-bag-rs-3100-cr-tneb-order/08/58/345023
BGR Energy has won the contract over the public sector power equipment major, BHEL, which was the only other bidder in the international tender.
The boilers, turbines and generators will be supplied from Dongfang, the Chinese power equipment manufacturer.
The ‘balance of plant’ will be produced in-house by BGR Energy. The project includes the installation of a ‘gas insulated substation’, which will also be imported.
Addressing a press conference here, Mr B.G. Raghupathy, Chairman and Managing Director, BGR Energy, said the value of materials and services provided “in-house” is about Rs 1,500 crore (rest being ‘bought-out’).
Source:
http://www.moneycontrol.com/india/news/business/bgr-energy-beats-bhel-to-bag-rs-3100-cr-tneb-order/08/58/345023
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