BHEL’s biggest foreign power project takes off in Bangladesh

The Maharatna enterprise has arranged debt financing for the project from the EXIM Bank of India

GN Bureau | April 25, 2017


#PSU   #Bangladesh   #BHEL   #maharatna  
Bharat Heavy Electricals Limited’s biggest export order, valued at Rs 10,000 crore for setting up 1,320 MW Maitree thermal power project in Bangladesh has taken-off following the issuance of the ‘notice to proceed’ by the developer.
 
BHEL said that it won against stiff international competitive bidding. This is the largest power project order of BHEL in the international market. The order has been secured from Bangladesh India Friendship Power Company (Pvt.) Ltd (BIFPCL), a 50:50 joint venture company of NTPC, India and Bangladesh Power Development Board, Bangladesh.
 
The Maharatna enterprise 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 was signed in March, 2017.
 
BHEL said this order is a testimony to its proven technological acumen and also to its capability in executing power projects of this scale and complexity.
 
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 enterprise has had a long association with Bangladesh’s power sector – the company’s first major project in the country was the 100 MW Baghabari Gas Turbine Power Project, commissioned in 2001. Subsequently, BHEL has constructed 2x120 MW Siddhirganj GTPP, besides setting up 220 kV Baghabari & Ishurdi substations. 
 

Comments

 

Other News

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That

When algorithms decide and children die

The images have not left me, of dead and wounded children being carried in the arms of the medics and relatives to the ambulances and hospitals. On February 28, at the start of Operation Epic Fury, cruise missiles struck the Shajareh Tayyebeh school – officially named a girls’ school, in Minab,

The economics of representation: Why women in power matter

India’s democracy has grown in scale, but not quite in balance. Women today are active participants in elections, influencing outcomes in ways that were not as visible earlier. Yet their presence in legislative institutions continues to lag behind. The Nari Shakti Vandan Adhiniyam was meant to addres

India will be powerful, not aggressive: Bhaiyyaji

India is poised to emerge as a global power but will remain rooted in its civilisational ethos of non-aggression and harmony, former RSS General Secretary Suresh `Bhaiyyaji` Joshi has said.   He was speaking at the launch of “Rashtrabhav,” a book by Ravindra Sathe

AI: Code, Control, Conquer

India today stands at a critical juncture in the area of artificial intelligence. While the country is among the fastest adopters of AI in the world, it remains heavily reliant on technologies developed elsewhere. This paradox, experts warn, cannot persist if India seeks technological sovereignty.


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter