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Our Bureau

New Delhi, March 31 Equipment major Bharat Heavy Electricals Ltd (BHEL) announced on Monday that it has bagged a Rs 550-crore export order for supply of boilers.

The order has been received from Koniambo Nickel SAS, an overseas joint venture of Switzerland-based mining group Xstrata PLC and a local company in New Caledonian, BHEL said in a statement. New Caledonian, an island in the south-west Pacific Ocean, east of Australia, is an overseas territory of France.

The contract envisages supply of 2x135 MW environment-friendly Circulating Fluidised Bed Combustion Boilers and auxiliaries, it said.

The equipment to be supplied against the order would be fully compliant with global standards, the statement said.

BHEL is targeting a six-fold increase in its physical exports by 2012.

More Stories on : New Business | Bharat Heavy Electricals Ltd | Engineering

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