BHEL bags captive power plant order worth Rs 1,200-1,500 cr from SAIL

New Delhi: State-owned engineering firm BHEL on Tuesday said that it has received a power plant project worth Rs 1,200-1,500 crore from Steel Authority of India Ltd (SAIL).

The letter of acceptance received for a captive power plant, which is part of a 4.08 MTPA crude steel expansion project of SAIL's IISCO Steel Plant at Burnpur, BHEL said in a regulatory filing.

The size of the order is in the range of Rs 1,200 crore to Rs 1,500 crore, excluding GST (goods and services tax), it said, adding that the commissioning of the project is expected in 39 months from the date of awarding the contract.