September 08, 2008

BHEL to invest INR 1000 crore in Tiruchi plant

Bharat Heavy Electricals Limited has announced that it would invest INR 1,000 crore in its Tiruchi plant in the current fiscal to increase boiler capacity.

Mr RN Misra executive director of BHEL Tiruchi Complex said that "We are planning to invest INR 1,000 crore in the Tiruchi plant to increase the boiler capacity from 5,750 MW to 10,000 MW by June or July 2009. The current order book of Tiruchi plant stands at INR 7,200 crore. We would take this figure to INR 17,000 crore in 3 years time."

BHEL is contemplating more joint ventures with other state electricity boards. It has already designed 800 MW boiler, but the order for the same are yet to be placed.

It may be noted that BHEL and NTPC Limited formed 50:50 JV on April 29th 2008 to carry out engineering construction procurement contracts for power plants and infrastructure projects, manufacture and supply equipments in India and abroad.