Bharat Heavy Electricals (BHEL) has achieved one more milestone by successfully commissioning another 270 MW coal based thermal power plant in Maharashtra. Incidentally, on the same day, BHEL has also commissioned the second 660 MW supercritical thermal unit at NTPC Barh in Bihar.
The unit was commissioned at RattanIndia Power (formerly Indiabulls Power) upcoming thermal power project located at village Nandgaonpeth in Amravati district of Maharashtra. This is the fourth 270 MW unit commissioned by BHEL in Phase-1 of the project. The project is being executed in two phases, each of 1,350 MW.
Significantly, the commissioning of Amravati Unit 4 comes close on the heels of the commissioning of Amravati Unit 3 which was commissioned on Jan. 29, 2015. The fifth and last unit of Phase I of the project is also in an advanced stage of execution. The sets of this rating class, supplied by BHEL, are considered as the workhorse and backbone of the Indian power sector.
These sets have been performing much above the national average as well as international benchmarks. BHEL has so far contracted 247 sets of this rating class including 31 sets of 270 MW rating.
Shares of the company declined Rs 1.9, or 0.73%, to trade at Rs 257.40. The total volume of shares traded was 291,966 at the BSE (3.23 p.m., Wednesday).