Bharat Heavy Electricals Limited (BHEL) has announced the receipt of a significant order from Power Grid Corporation of India Limited for the establishment of two ‘+300/-200 MVAR Synchronous Condensers’ at Kalyanpur, Gujarat. The project, which includes design, engineering, manufacturing, supply, erection, testing, and commissioning, is valued between ₹600 crore and ₹900 crore, excluding GST. This order is expected to be executed over a period of 35 months, bolstering BHEL’s order book in the power infrastructure sector.
Major Power Infrastructure Contract Awarded to BHEL
Bharat Heavy Electricals Limited (BHEL) has secured a substantial order from Power Grid Corporation of India Limited for a critical power infrastructure project. The contract involves the establishment of two units of ‘+300/-200 MVAR Synchronous Condensers’ at Kalyanpur, located in Gujarat. This significant award underscores BHEL’s capabilities in delivering complex power system solutions for national grid enhancement.
Project Scope and Valuation
The scope of the contract encompasses a comprehensive range of services, including design, engineering, manufacturing, supply, erection, testing, and commissioning of the synchronous condensers. The project is associated with the Transmission system for the integration of power from Renewable Energy (RE) Projects in Jam Khambhaliya REZ in Gujarat. The total consideration for this order is substantial, valued between ₹600 crore and ₹900 crore, exclusive of Goods and Services Tax (GST).
Execution Timeline and Significance
BHEL is expected to complete the execution of this order within a period of 35 months from its award. This new contract not only strengthens BHEL’s order book but also highlights its pivotal role in India’s energy infrastructure development, particularly in supporting the integration of renewable energy sources into the national grid.
Source: BSE
