BHEL bags 2 contracts from NTPC for setting up solar plants

BHEL has won contracts valued at Rs 132 crore for setting up two eco-friendly Grid-Connected solar power plants

State-run BHEL today said it has bagged two contracts worth Rs 132 crore from NTPC for executing two solar power projects at Unchahar in Uttar Pradesh and Talcher in Odisha.

"BHEL has won turnkey contracts for setting up two eco-friendly Grid-Connected Solar Power Plants of 10 MW capacity each at Unchahar in Uttar Pradesh and Talcher in Odisha," the company said in a statement.

Valued at Rs 132 Crore, the orders have been placed by NTPC for setting up the Solar PhotoVoltaic (SPV) power plants, each of 10 MW capacity.

BHEL's scope of the work in the order envisages design, manufacture, supply, installation and operation, besides maintenance of the solar power plants for one year.

BHEL has already commenced supplies to both the Solar Power Projects. The first consignment, comprising SPV Modules, was flagged off from BHEL's Electronics Division in Bengaluru today, the statement added.

Each Solar Power Plant comprises SPV Modules which are manufactured using the Mono-crystalline Silicon Photovoltaic (C-SI PV) technology that is well proven and has the longest operational experience across the world.

The Solar PV modules are manufactured at the company's manufacturing facility located at Bengaluru.

BHEL is planning to augment its manufacturing facilities further in this field, the statement said.

Shares of the company were trading at Rs 164.80, up 2.04% on the BSE.