Capital goods-maker Bharat Heavy Electricals Limited (BHEL) said on Thursday it had received an order worth Rs. 282 crore from India's largest power utility company, NTPC. The order is to build a 50-MW solar power project in the state of Madhya Pradesh on engineering, procurement and construction (EPC) basis.
According to reports, BHEL had previously bagged, under domestic competitive bidding, another EPC order from NTPC to setting up a 50-MW solar power plant in Ananthpura in Andhra Pradesh. The project is currently under-construction.
"Valued at Rs. 282 crore, the order for setting up the solar plant at Mandsaur in Madhya Pradesh, has been placed on BHEL by NTPC Limited. The project is scheduled for completion in 12 months," BHEL said in a regulatory filing to the BSE.
BHEL also manufactures solar cells and modules at its electrics division unit in Bengaluru, while space-grade solar panels using high efficiency cells and space-grade battery panels are manufactured at its electronics systems division, which is also located in Bengaluru.
The company offers EPC solutions for both off-grid interactive solar power plants and has set up solar plants across various locations in India which totals to about 200 MW, including the Lakshwadeep for "island electrification," BHEL added in its regulatory filing.
Last month, the company had bagged an order worth Rs. 5,600 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to build a 1,600-MW coal-based power plant in the state.