ONGC places Rs 2,207-cr order with BHEL, GE consortium

ONGC Tripura Power Co, a unit of state-run Oil and Natural Gas Corp, has awarded a Rs 2,207-crore order to a consortium of Bharat Heavy Electricals Ltd and General Electric for its 720 MW plant in Tripura.

NEW DELHI: ONGC Tripura Power Co, a unit of state-run Oil and Natural Gas Corp, has awarded a Rs 2,207-crore order to a consortium of Bharat Heavy Electricals Ltd and General Electric for its 720 MW plant in Tripura.

"ONGC Tripura Power Company Ltd (OTPC) has placed a Letter of Award (LoA) on consortium of BHEL and General Electric for the generation of 720 MW of power from natural gas produced by ONGC in the northeastern state of Tripura," a company statement said here.

The 360x2 MW combined cycle gas turbine power plant is being developed by OTPC at Palatana in south Tripura. ONGC has 50 per cent equity stake in OTPC, the balance being held by IL&FS and the Government of Tripura.

BHEL-GE combine beat Alstom to bag the contract. The first unit of 360 MW would be installed in 42 months, followed by the second unit within three more months, the statement added.

ONGC said state-run Power Grid Corp, ONGC Tripura and the North East Region would set up a transmission line at a cost of Rs 1,800 crore to hook Palatana with the national grid at Bongaigaon.
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