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BHEL is understood to have emerged as the lowest bidder for Rs 12,200-crore Rajasthan Rajya Vidyut Utpadan Nigam projects for providing engineering, procurement and construction (EPC) services.
“BHEL has outbid BGR Energy Systems and Russian company, Powermachines, for the EPC contracts for two super-critical thermal power projects of RRVUNL,” a source said.
The source added that the two projects, being set up at Chhabra and Suratgarh in Rajasthan, are of 1,320 MW each and RRVUNL had floated a tender through international competitive bidding (ICB) route. However, the bidding amount quoted by the Navratna PSU could not be immediately ascertained.
When contacted, a company official said that despite stiff competition from foreign companies, this is the second time that BHEL has emerged successful in the tender floated through ICB route.
Recently, it won the EPC contract for first 700-MW supercritical unit at Bellary Power Project in Karnataka from Karnataka Power Corporation Ltd (KPCL).
The BHEL official added that EPC work on the two super-critical thermal power plants will start as soon as the company gets the contract officially and would take about 36 to 48 months to complete the project.
The order book of the company currently stood at Rs 1,54,000 crore and the company expects to exceed its turnover target of Rs 45,000 crore for 2011-12.
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