Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) from HINDALCO Industries Limited for a 2 x 150 MW BTG Package. The project involves design, engineering, supply, installation, and commissioning for the Aditya Expansion Project Phase II in Odisha, India. The order is valued between INR 1200-1500 Crores excluding GST.
HINDALCO Project Award
BHEL has secured a Letter of Intent (LOI) from HINDALCO Industries Limited for a significant power project.
Project Details
The LOI, received on February 3, 2026, encompasses the following:
- Scope: Design, Engineering, Supply of equipment, Installation, Commissioning and Performance Acceptance Test (PAT)
- Capacity: 2 x 150 MW BTG Package
- Project: Aditya Expansion Project Phase II
- Location: Aditya Aluminium, Hindalco Industries Limited at Lapanga, Sambalpur, Odisha, India
Project Timeline
The commissioning of the BTG Package is expected within 35 Months for Unit 1 and 37 Months for Unit 2 from the effective date of the contract, which is the date of the Letter of Intent.
Financial Considerations
The estimated value of the order is approximately INR 1200-1500 Crores, excluding GST.
Domestic Tender
This is a domestic tender, and the order was awarded to a domestic entity.
Source: BSE