State-owned BHEL today said it has bagged Rs 630 crore contract from a private power company, Abhijeet Projects, for setting up a thermal plant at Vishakhapatnam in Andhra Pradesh.
"BHEL has signed a contract with Abhijeet Projects Ltd, an Independent Power Producer (IPP) for setting up a 300 MW thermal power plant in Visakhapatnam," a BHEL statement said.
Valued at Rs 630 crore, the contract includes design, engineering, manufacture and commissioning of Boilers, Steam Turbines and Turbo-Generators.
BHEL is also executing a contract for supply and installation of the main plant package (boilers, turbines and generators) for Abhijeet Projects' 1,080 MW coal-based Matrishri Usha Jayaswal Mega Power Plant, located at Latehar district of Jharkhand, near Ranchi.
In the previous two financial years, BHEL has received 71% of their power plant equipment orders from IPPs.
Of the total orders for 31,560 MW power plant equipment received by BHEL during 2009-10 and 2010-11, the ones received from IPPs alone accounted for 22,369 MW.
