BHEL, state-owned power equipment maker, has bagged 2 R&M - renovation and modernization orders of hydropower plants worth Rs.430 cr, including one from NHPC Limited.
The company said in a statement that BHEL has secured R&M contracts of HEPs - hydro electric plants. The company has won orders worth around Rs.430 cr, for the R&M of the 6x60 MW Boalimela HEP of OHPC - Odisha Hydro Power Corp Limited and the 3x60 MW Bairasiul HEP of National NHPC Limited.
As per a statement, the units at both Bairasiul and Balimela have been in operation for more than 35 years and the R&M of these units shall result in restoration of output capacity, enhancement in efficiency and reduction in the auxiliary power consumption, in addition to moving forward to better plant availability.
Bharat Heavy Electricals Ltd or BHEL's scope of work for the job orders envisages design, manufacturing, engineering, supply, dismantling, testing, setting up and commissioning of critical parts of turbines, governors, generators, controls and instrumentation, protection and BoP - balance of plant. Major equipment for these contracts shall be manufactured and supplied by BHEL's plants in Jhansi, Bhopal and Bengaluru.
The average life expectancy of an HEP is recorded to be 30-35 years. In the present scenario of resource constraints, renovation and modernization of existing HEPs is recorded as the best option as this is both cost effective and requires much lesser time than establishing greenfield projects.
BHEL's footprint in hydropower accounts for 23 GW of hydro sets commissioned and 6 GW of hydro sets under execution in the nation and abroad. These sets, aggregating over 500 at 200 different power stations in the country and abroad, are delivering customized solutions in the most challenging of terrains, from the Himalayas in India and Bhutan to far away lands of New Zealand, Africa and South-East Asian countries.
Meanwhile, BHEL share price was trading 1.89 per cent higher at Rs.137.25 on the NSE. The stock opened at Rs.136.60 from a previous closing of Rs.134.70. Bharat Heavy Electricals Ltd is among the top 500 performing stocks analyzed by Dynamic Levels for this quarter out of the 1700 shares listed on the NSE. The scrip made its 52-week high at Rs. 219.70 on 27th Oct ‘15 whereas the 52 week low value of the stock is seen at Rs. 90.15 on 29th Feb ‘16.For further details on the stock, kindly refer to Bhel share price history.
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