BHEL wins Rs 450 crore R&M contract from Mahagenco

State-run BHEL today bagged a renovation and modernisation contract worth Rs 450 crore from Maharashtra State Power Generation Corp (Mahagenco).

"BHEL has won an order for renovation and modernization of a 210 MW thermal unit in Maharashtra," the company said in a statement.

The World Bank-funded Rs 450 crore contract has been placed on BHEL by the Maharashtra State Power Generation Corp Ltd, the statement said. The order envisages design, supply and installation (for renovation and modernisation) of the 210 MW Boiler, Turbine and Generator package at Koradi Thermal Power Station.

BHEL's scope of work in the current contract involves design, engineering, manufacture, supply and erection and commissioning of critical parts of the Boiler, Turbine and Generator, along with their Controls and Instrumentation, the statement said.

Major equipment for the above contract will be manufactured and supplied by BHEL's plants at Trichy, Ranipet, Haridwar, Hyderabad and Bangalore, it added.

BHEL has established the capability to deliver power plant equipment of 20,000 MW per annum.

Shares of BHEL were trading at Rs 182.40, up 0.03 percent on the BSE in the afternoon.