BHEL secures orders worth Rs. 2500 crore from NTPC
Bharat Heavy Electricals Limited (BHEL) has bagged two orders for emission control equipment at its thermal power plants. The orders that are worth Rs. 2500 crore, were placed by public sector power company - NTPC Limited.
The orders involve supply and installation of Flue Gas Desulphurization (FGD) systems for 13 coal based units at 2,600 MW Korba STPS Stage I, II & Ill in Chhattisgarh and 2,100 MW Ramagundam STPS Stage I & II in Telangana.
BHEL's scope of work includes design, engineering, civil works, supply, erection and commissioning of wet FGD system along with auxiliaries including limestone and gypsum handling system and wet stack on turnkey basis.
BHEL offers advanced SOx control equipment and it has ongoing technology collaborations with Mitsubishi Hitachi Power Systems (MHPS), Japan, for FGD systems and with HLB Power, Republic of Korea, for Large size Gates and Dampers. BHEL is a market leader in the emission control equipment segment and has contracted FGD orders for 54 thermal units from various customers including FGD systems for 40 thermal units of NTPC and its JVs.
BHEL is also supplying state-of-the-art Selective Catalytic Reduction (SCRs) for higher reduction in NOx emission and has technology collaboration with NANO Co. Ltd., Republic of Korea, for SCR Catalysts in coal fired power plants. BHEL also has technology collaboration with Babcock Power Environmental Inc., USA (BPE) for SCR Systems for De-NOx application.
On Monday, the stock of BHEL opened at Rs. 49.70. During the morning trading session, it dipped by 1.3 per cent to Rs. 47.55 from previous close of Rs. 48.30.