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BHEL Receives Order Worth Rs 10,000 Crore from Damodar Valley Corporation

29 July 20243 mins read by Angel One
BHEL Ltd. has secured a contract from Damodar Valley Corporation to set up a 2x800 MW thermal power station in Koderma, Jharkhand. The project is valued at over Rs. 10,000 crore.
BHEL Receives Order Worth Rs 10,000 Crore from Damodar Valley Corporation
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Bharat Heavy Electricals Ltd (BHEL) is an integrated power plant equipment manufacturer involved in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and services. These cater to core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defense.

BHEL receive order worth Rs.10,000 crore\

Bharat Heavy Electricals Ltd (BHEL), a leading public sector engineering and manufacturing company, has been awarded a significant contract by Damodar Valley Corporation (DVC). The contract involves the construction of the 2×800 MW Koderma Phase-II Thermal Power Station in Jharkhand. The project entails the supply of essential equipment, including boilers, turbines, generators, and associated auxiliaries. Additionally, BHEL will provide electrical and control & instrumentation (C&I) systems and balance of plant packages. The comprehensive scope of work underscores BHEL’s extensive capabilities in delivering large-scale thermal power projects on an Engineering, Procurement, and Construction (EPC) basis.

Project Execution and Timeline details

BHEL is tasked with the erection, commissioning, and civil works required for the power station. The project is slated for completion within 52 months. The total value of the order surpasses Rs. 10,000 crore, excluding taxes and duties, reflecting the scale and importance of the project for both BHEL and DVC.

Strategic Implications of the project

This contract further strengthens BHEL’s portfolio in the power sector, highlighting its expertise in executing large-scale thermal power projects. The Koderma Phase-II project will not only contribute to the region’s power infrastructure but also bolster BHEL’s position as a key player in the energy sector.

Conclusion: BHEL’s new contract with DVC for the Koderma Phase-II Thermal Power Station underscores the company’s robust capabilities and strategic importance in the power sector. With a project value exceeding Rs. 10,000 crore and a comprehensive scope of work, BHEL is set to play a pivotal role in enhancing Jharkhand’s power infrastructure. The project is poised to drive significant regional growth and reinforce BHEL’s leadership in the energy sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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