The Mahartna PSU Bharat Heavy Electricals Limited (BHEL) has recently penned a contract with the private corporate Adani Power Limited for setting up three Supercritical Thermal Power Projects in Rajasthan and Madhya Pradesh.
The regulatory filing to the stock exchange by BHEL read, “Bharat Heavy Electricals Limited (BHEL) has signed a contract agreement with Adani Power Ltd and its subsidiary (Mahan Energen Ltd) for setting up 3 nos Supercritical Thermal Power projects (each of 2×800 MW rating) in Kawai, Rajasthan & Mahan, Madhya Pradesh.“
In this contract, BHEL has agreed to supply heavy capital like boiler, turbine, and generator, and the supervision of erection and commissioning for the three power projects — an order valued at over Rs 11,000 crores! The timeline for the completion of the projects is 49 months for Kawai Phase II, and 52 months for Kawai Phase III in Rajasthan and 55 months for Mahan Phase III in Madhya Pradesh.