Oct 23: State-owned Bharat Heavy Electricals Ltd (BHEL) has commenced execution of its largest ever order of 4,000 MW Yadadri Supercritical Thermal Power Project (TPP), ordered by Telengana State Power Generation Corporation Ltd (TSGENCO).
“Significantly, valued at approximately Rs 20,400 crore, the order for Yadadri TPP, comprising five units of 800 MW supercritical sets, is not only the single-largest order for BHEL but also the highest value for order ever placed in the power sector in India. The project has been accorded environmental clearance by the Ministry of Environment, Forest and Climate Change (MoEF&CC) and would be compliant with the revised emission norms,” the company said in a statement.
To be set up on Engineering, Procurement and Construction (EPC) basis by BHEL, the project is located at Damaracherla in Nalgonda district of Telengana.
“This landmark order is a testimony to BHEL’s proven technological excellence as well as its capability in executing power projects of this magnitude on EPC basis,” the statement added.
According to the company, the Yadadri project will be executed on fast track basis by BHEL in line with the company’s strategy of focusing on revival of held up projects and their speedy execution. The Yadadri project will lead to a quantum jump in BHEL’s executable outstanding order book and will help the company to enhance its growth momentum.
Shares of the company were trading at Rs 85.50, up 0.83% from the previous closing of Rs 84.80, on BSE at 12.13 pm today.