State-owned power equipment maker BHEL has secured Rs 125 crore contract for setting up a 120 MW Hydro Electric Project in Uttarakhand.
"Valued at Rs 125 crore, the order for setting up of hydro generating sets and associated electro-mechanical works for the 120 MW Vyasi project has been placed on Bhel by Uttarakhand Jal Vidyut Nigam Ltd," BHEL said in a statement.
Located in Dehradun district, the Vyasi power project is a run-of-the-river scheme on the Yamuna.
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BHEL said the contract envisages design, manufacture, supply, installation and commissioning of hydro generating sets and associated electro mechanical works.
While the hydro generating sets will be supplied by BHEL's Bhopal unit, the transformers and Control & Monitoring system will be supplied by the Jhansi unit and Electronics Division, Bangalore respectively.
The erection & commissioning of the equipment shall be carried out by BHEL's Power Sector - Northern Region (PS-NR).
BHEL has enhanced its manufacturing capacity to 20,000 MW per annum.
The company scrip was trading at Rs 198.65, down 0.33%, on the BSE in the afternoon.