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BHEL bags Rs 240 cr order for Mundra UMPP

This article was posted on Nov 24, 2008 and is filed under Stock News

Against stiff competition from European and other domestic power equipment companies, Bharat Heavy Electricals (BHEL) won a landmark contract pegged at Rs 240 crores from Coastal Gujarat Power (CGPL), a Tata Power company.

The order for 40 transformers, with a cumulative capacity of 5872 MVA, three phase transformer banks, busducts, for 800 Mw thermal sets will be supplied in two stages for CGPL upcoming 4,000 Mw (5×800 Mw) ultra mega power project at Mundra in Gujarat.

BHEL is the largest manufacturer of transformers in India. Till date, the company has supplied more than 4,000 transformers, aggregating to over 3,00,000 MVA in cumulative capacity, for transmission and distribution of power on the nation’s grid. These have been supplied to all major utilities in the country including SEBs, NTPC, PowerGrid, etc.

On the export front, the company has supplied transformers to more than 20 countries around the world including Greece, Egypt, Libya, Oman, Malaysia, Saudi Arabia and Zambia.

As a result of increased customer focus and renewed efforts for sustained presence in varied industrial segments, BHEL’s industry sector business segment recorded an all time high order inflow of Rs 7,860 crore in the last fiscal (2007-08), an increase of 20% over the previous year.

source: Businesslines

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