BHEL bags orders worth up to Rs 28,000 crore from Adani Power for four 1,600 MW projects
Bharat Heavy Electricals Limited has received orders from Adani Power Limited for four power projects. Each project has a capacity of 2x800 MW and is valued between Rs 5,000 crore to Rs 7,000 crore. The total contract value for all projects is est...
According to a regulatory filing each of the four contracts is valued at Rs 5,000 crore to Rs 7,000 crore, excluding GST.
The contracts involve the supply of equipment, including boilers, turbines and generators along with auxiliaries, as well as agreed services for all four projects.
The orders have been awarded by a domestic entity, Adani Power, and are classified as domestic contracts. The execution timeline will be as per the customer's project requirements.
BHEL also clarified that its promoter or promoter group companies have no interest in the entity awarding the contracts. The orders will not fall under related-party transactions, the company said.
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