BHEL bags Rs 10,000 crore thermal project from DVC
psuwatch.com
India
27-07-2024
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BHEL Bags Rs 10,000 Crore Thermal Project from Damodar Valley Corporation
New Delhi: State-owned Bharat Heavy Electricals Limited (BHEL) on Friday announced that it has secured a substantial thermal project worth Rs 10,000 crore from Damodar Valley Corporation (DVC).
The ambitious 2x800 MW Koderma Thermal Power Station Phase-II project will be established in Jharkhand, as confirmed by BHEL in a regulatory filing. The project's completion timeline is set at 52 months, with the order size excluding taxes.
The scope of work encompasses the supply of critical equipment such as boilers, turbines, generators, and associated auxiliaries, in addition to electrical and control & instrumentation (C&I) systems. Balance of Plant packages are also included in the contract.
Beyond the supply of equipment, BHEL will handle the erection and commissioning processes, as well as the execution of civil works.
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Strategic Importance: This project is part of India's broader strategy to enhance power generation capacity and ensure energy security. The addition of 1600 MW will significantly boost the power supply in Jharkhand and neighboring regions.
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Previous Collaborations: BHEL and DVC have a history of successful collaborations. This new project builds on their long-standing partnership, reinforcing BHEL's position as a trusted supplier and contractor in India's power sector.
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Technological Advancements: BHEL is set to utilize advanced technology in this project to ensure high efficiency and low emissions, aligning with the country's sustainability goals.
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Economic Impact: The project is expected to create numerous job opportunities during the construction phase and operational period, contributing to the local economy's growth.
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Challenges and Mitigations: Considering the project's scale, BHEL has outlined a detailed project management plan to address potential challenges such as logistical issues and stringent environmental regulations.
This project marks a significant milestone for BHEL, showcasing its capability to deliver large-scale power infrastructure projects and support India's growing energy needs.