BHEL bags Rs 375 crore order from Middle East

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 9:33 PM IST

State-run Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 375-crore order from Oman for supplying and erection of two gas turbine generating units of 126 mw each.

The Indian company will supply the gas turbines to Petroleum Development Oman (PDO). With the present order, BHEL will have 15 gas turbine sets installed in Oman, the company said in a release here today.

The company will manufacture the gas turbines at its Hyderabad plant, while control systems will be manufactured in Bangalore.

The order is first under a six-year ‘Price Agreement’ (rate contract), signed in January 2009, for 126 mw rating gas turbine generator packages’ with PDO. The rate contract has a provision for further extension by another 3 years.

PDO, a company, majority owned by the Government of Oman with the balance shareholding by Royal Dutch Shell, Partex and Total. BHEL has executed four power projects on EPC basis.

BHEL has earlier secured and executed 14 major contracts in the past 14 years in Oman. These contracts include seven power projects on EPC basis for sectors like petroleum (Petroleum Development Oman), utility (Ministry of Housing, Electricity & Water, Oman) and industry (Oman Cement Company).

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 03 2009 | 12:37 PM IST

Next Story