Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 January, 2019 11:55 IST
BHEL bags order worth Rs 5.60 bn from NTPC
Source: IRIS | 14 Feb, 2018, 01.42PM
Comments  |  Post Comment

Bharat Heavy Electricals (BHEL) has bagged a major order, valued at Rs 5.60 billion, for supply and installation of the Flue Gas Desulphurization (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS) at Dadri in Uttar Pradesh. The order has been secured by BHEL against stiff competition from Indian and multinational companies.

The Indian power sector has seen an uptick in the ordering of emission control equipment due to the revised and more stringent emission norms notified by the Ministry of Environment, Forest and Climate Change in Dec. '15. The notification calls for installation of equipment to control various harmful emissions, both in existing as well as new thermal power projects.

Reaffirming its commitment towards a better environment, BHEL (Q,N,C,F)* is fully geared up to tap the huge market potential and ready to manufacture and supply emission control equipment for Indian thermal power plants to meet these revised emission norms.

Earlier, BHEL has successfully executed the FGD system at Tata Power's Trombay Unit 8 in 2008 and is currently installing FGD systems at NTPC's 3x250 MW Bongaigaon project. The company has also recently received orders for installation of FGD system at 5x800 MW Yadadri project of TSGENCO and 2x660 MW Maitree project in Bangladesh. With the ordering of Dadri, BHEL has contracted FGD orders for 13 units till date.

BHEL's five-decade long experience of installing more than 180 GW power generating equipment in India and abroad, backed by its strong engineering credentials, has prompted various utilities to repose their confidence in the company's capabilities to make their power plants compliant with the revised emission norms. While central utilities like NTPC and state utilities of Andhra Pradesh, Telangana and Tamil Nadu have already placed orders on BHEL for supplying emission control equipment, discussions are presently in progress with several other utilities.

BHEL's plan to indigenously manufacture major equipment for emission control provides a twin boost to the Government's plan of 'Make in India' and it's Intended National Determined Contributions (INDC) for limiting the carbon footprint of the nation.

Shares of the company gained Rs 1.2, or 1.23%, to trade at Rs 98.80. The total volume of shares traded was 677,831 at the BSE (1.29 p.m., Wednesday).



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Ratnamani Metals & Tubes receives order worth Rs 2 bn - 18-Jan-2019 15:59
Aurobindo Pharma to acquire portfolio of oncology injectables products - 18-Jan-2019 13:47
Reliance Ind Q3 earnings up 8.8%; GRM's at USD 8.8/bbl - 18-Jan-2019 13:08
Announcement under Regulation 30 (LODR)-Change in Directorate - 18-Jan-2019 11:14
Zydus receives final approval for Acetazolamide ER capsules - 17-Jan-2019 13:27
OnMobile Global renews its contract with Telefonica Moviles Espana, SAU (Telefonica) - 17-Jan-2019 10:14
Suven Life Sciences secures 2 overseas product patents - 16-Jan-2019 13:45
Texmaco Rail & Engineering receives orders worth Rs 2.62 bn - 16-Jan-2019 12:59
Dr Reddy's announces completion of USFDA audit of formulation facility - 16-Jan-2019 10:15
L&T Hydrocarbon consortium wins EPCI order from Saudi Aramco - 15-Jan-2019 10:24
Zydus Cadila gets final approval from USFDA for 2 drugs - 15-Jan-2019 10:20
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer