BHEL wins Rs 105 crore contract from IOC

TIRUCHIRAPALLI: The Bharat Heavy Electricals Ltd. (BHEL) has secured a Rs 105 crore contract from Indian Oil Corporation (IOC) for setting up a captive power plant at its Barauni refinery complex.

The equipments for the 20MW steam turbine generator (STG) set-based captive power plant with a gas or oil fired boiler of 150 tonnes per hour capacity would be supplied by BHEL's plants at Hyderabad, Tiruchirapalli, Ranipet, Bhopal and Electronics Division, Bangalore, a BHEL press release said here on Wednesday.

Erection and commissioning of the captive power plant would be carried out by the company's Eastern region power sector, Kolkatta, the release said.

The project is being set up as an extension of the existing captive power plant, to meet the requirements of uninterrupted power supply to the refinery.

IOC has opted to source the captive power plant from BHEL in view of its techno-economic superiority, it said.

BHEL would design engineering, manufacture, supply, erection and commissioning of the captive power plant.

BHEL had so car supplied and commissioned more than 700 steam turbine and gas turbine-based plants for a host of industries like metal, paper, sugar, cement and process industries like refineries, petrochemicals and fertilizers in domestic and overseas markets, the release added.