Bharat Heavy Electricals Limited (BHEL) has bagged its largest ever export order, valued at Rs.10,000 Crore (US$1.5 billion). This order is for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh, has taken-off, following the issuance of the Notice To Proceed by the developer.
The company bagged this order against stiff international competitive bidding. This is BHEL’s largest power project order in the international market. The order has been secured from Bangladesh India Friendship Power Company (Pvt) Limited (BIFPCL). BIFPCL is a 50:50 JV company of NTPC, India and BPDB, Bangladesh. To execute this project BHEL has arranged debt financing for the project from the EXIM Bank of India for which the loan agreement between EXIM Bank of India and BIFPCL has been signed in March, 2017.
BHEL’s scope of work in the project includes design, engineering, manufacture, supply, construction, erection, testing & commissioning of 2x660 MW thermal sets with ultra-supercritical parameters on turnkey basis. The scope also includes setting up of a jetty and a river-water intake system. In order to meet stringent environmental norms, BHEL shall also install a state-of-the-art FGD plant and Dry bottom ash handling system.
The key equipment for the project will be manufactured at BHEL’s Trichy, Haridwar, Hyderabad, Ranipet, Bhopal, Bangalore and Jhansi plants, while the company's Power Sector construction division will be responsible for construction and installation activities at site.
The Company’s association with Bangladesh’s power sector goes a long way. In 2011 BHEL executed its first major project in Bangladesh by commissioning 100 MW Baghabari Gas Turbine Power Project (GTPP). Later, the company constructed 2x120 MW Siddhirganj GTPP, besides setting up 220 kV Baghabari & Ishurdi substations.
The bagging of this prestigious order has provided a fillip to BHEL’s focus on globalization as a driver of future growth.
By EPC World Media Group