Bharat Heavy Electricals (BHEL), one of the largest engineering and manufacturing companies in India has bagged significant orders, valued at Rs.32 billion, for Electro-Mechanical (E&M) works for a Hydro Electric Project (HEP) in Andhra Pradesh and E&M works of Pump-Motor sets for Lift Irrigation Schemes (LIS) in Telangana.
Significantly, the order for E&M works for 12x80 MW Polavaram HEP in Andhra Pradesh envisages manufacture and supply of India's highest unit-rating Kaplan hydro turbines. Polavaram HEP, being developed by Andhra Pradesh Power Generation Corporation (APGENCO), is located in the East Godavari district of Andhra Pradesh.
Pump-Motor sets order for LIS projects in Telangana include 15 sets (1,992 MW) for Kaleshwaram LIS and 13 sets (1,885 MW) for Palamuru Rangareddy LIS (package 1 & 16). These LIS projects are being developed by the Irrigation & CAD Department, Govt. of Telangana.
BHEL is also executing another order for 18 Pump-Motor sets of Palamuru Rangareddy LIS (package 5&8) in Telangana. The above orders have been received by BHEL from the EPC contractor for the projects Megha Engineering & Infrastructure (MEIL).
Major equipment for the projects will be manufactured at BHEL's manufacturing units in Bhopal, Jhansi, Rudrapur and Bengaluru while supervision of Erection and Commissioning (E&C) at site will be done by BHEL's Power Sector-Southern Region division, Chennai.
BHEL has been a significant partner in the development of the hydro power sector of Andhra Pradesh and Telangana, with its sets accounting for 72% and 44% of the installed capacity respectively.
Moreover, BHEL sets account for 45% of the India’s total installed hydro power capacity and BHEL's portfolio of over 500 hydroelectric sets, with a cumulative capacity of more than 30,000 MW globally, is a testimony to BHEL's market leadership in the hydro business segment.
Shares of the company gained Rs 0.55, or 1.55%, to trade at Rs 35.95. The total volume of shares traded was 2,723,621 at the BSE (12.30 p.m., Thursday).
