BHEL secures its first-ever overseas solar project in Mauritius

State-owned engineering firm BHEL has bagged its first-ever overseas order for a grid- connected solar power project in Mauritius. The project will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on Engineering, Procurement and Construction (EPC) basis, BHEL said in a statement. “BHEL has achieved yet another milestone in international business by securing […]

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Mismanagement by state-run energy firms cost India Rs 169 crore: CAG

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In a report tabled in the parliament, the Comptroller and Auditor General (CAG) noted that BHEL suffered a loss of 3.83 million euros (Rs 28.35 crore) as Turkey-based Electrik Uretim AS Genel Mudurlugu (EUAS) encashed BHEL’s performance bank guarantee after the state-run firm failed to submit the requisite documents on time. EUAS also terminated BHEL’s […]

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India invites bids for Neelachal Ispat Nigam; Rashtriya Ispat also to be sold

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The government of India has invited preliminary bids for strategic sale of Neelachal Ispat Nigam Ltd (NINL). The Indian cabinet is also likely to take up the proposal for approval of strategic disinvestment of Rashtriya Ispat Nigam (RINL), the Vizag-based steel public sector unit (PSU) having 6.3 million tonnes per annum (mtpa) steel-making capacity. In […]

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BHEL secures Rs 450 crore order for steam and power plant from NALCO

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State-run engineering firm BHEL said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited (NALCO). The Rs 450 crore order has been placed on BHEL by NALCO for its 5th Stream Alumina Refinery Expansion Project at Damanjodi, Odisha, Bharat Heavy Electricals Limited (BHEL) said in a statement. BHEL’s […]

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India plans setting up 10 gigawatt (GW) of solar equipment manufacturing domestic capacity

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India has invited proposals for setting up 10 gigawatt (GW) of solar equipment manufacturing capacity. This follows India’s plan of imposing tariff and non-tariff barriers to put a check on all imported solar cells, modules and inverters, that will make their sourcing from China expensive. Around 80 per cent of the solar cells and modules […]

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NTPC seeks expression of interest to set up manufacturing facilities within its premises

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State-run power generator NTPC has invited applications from MSMEs and other Indian companies to gauge their interest in setting up manufacturing units within the premises of its power plants. NTPC plans to use its unutilised land to build industrial parks to attract industries, where land, water, electricity and other infrastructural facilities will be arranged by the company. […]

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