BHEL to set up Gujarat utility's power project

Friday, 29 February 2008, 08:00 Hrs
Printer Print Email Email
New Delhi: State-owned power equipment manufacturer Bharat Heavy Electricals BHEL) has won a 18.93 billion contract to set up a 700 MW power plant for GSPC Pipavav Power Company (GPPC) in Gujarat, the company said here Friday.

GPPC is a subsidiary of Gujarat State Petroleum Corporation (GSPC).

"Against stiff competition under international competitive bidding (ICB), the company has won a contract for setting up a combined cycle power plant in Gujarat on a turnkey basis for GSPC Pipavav Power Company," BHEL said in a statement.

"Valued at 18.93 billion, the proposed plant is to be installed near Pipavav in Amreli district in the coastal Saurashtra region of Gujarat. The project will comprise two units of 350 MW each," the company said.

"While the first unit will be commissioned by BHEL in 30 months, the second one is slated for completion in a schedule of 33 months.

"The entire power generated by the project would be sold to Gujarat Urja Vikas Nigam Ltd to bridge the demand-supply gap in the power deficit state of Gujarat," BHEL added.
Source: IANS
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..