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BGR Energy beats BHEL to bag Rs 3,100-cr TNEB order

Published on Wed, Jul 02, 2008 at 08:41 , Updated at Wed, Jul 02, 2008 at 08:54
Source : Business Line

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Chennai, July 1

The Chennai-based BGR Energy Systems Ltd on Tuesday announced it had won an ‘engineering, procurement, construction’ contract from Tamil Nadu Electricity Board (TNEB). The job, worth Rs 3,100 crore, is for building a single unit of 600 MW, coal-based power project at Mettur, Tamil Nadu.

BGR Energy has won the contract over the public sector power equipment major, BHEL, which was the only other bidder in the international tender.

The boilers, turbines and generators will be supplied from Dongfang, the Chinese power equipment manufacturer.

The ‘balance of plant’ will be produced in-house by BGR Energy. The project includes the installation of a ‘gas insulated substation’, which will also be imported.

Addressing a press conference here, Mr B.G. Raghupathy, Chairman and Managing Director, BGR Energy, said the value of materials and services provided “in-house” is about Rs 1,500 crore (rest being ‘bought-out’).

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