[lbo-talk] Indian corp BHEL to execute two turnkey contracts in Oman

uvj at vsnl.com uvj at vsnl.com
Fri Jul 29 15:06:51 PDT 2005


HindustanTimes.com

Thursday, July 28, 2005

BHEL bags two contracts worth Rs 900 cr in Oman

Press Trust of India

New Delhi, July 28, 2005

State-owned power equipment major Bharat Heavy Electricals Ltd on Thursday said it had bagged two export contracts worth Rs 900 crore in Oman.

The two power projects on a turnkey basis are for Petroleum Development Oman (PDO), a company majority owned by Oman government and the balance with Royal Dutch Shell, Partex and Total, BHEL said in a press statement.

The orders include setting up of two gas turbine based projects with 2x126 MW power plant at Mukhaizna and 1x126 MW power plant at Qam Alam, it said, adding the gas turbines to be installed for PDO are of the largest unit rating.

The scope of the project includes design, supply, civil construction and commissioning of these project and both the projects are to be completed in 23 months time, it said.

With the order, BHEL supplied set will account for 40 per cent of PDO's installed generating capacity, it said.

This is the third gas turbines based power projects order from PDO and comes after a successful completion of the 140 MW gas turbine based Qarn Alam Power Project in 2004 and 90 MW gas turbine based Hubara Power Project for PDO Oman in 2000, it said.

This is the sixth power project being put up by BHEL in Oman, which is a stronghold for its export market.

Apart from this, the PSU is currently executing three orders for their compressors in Oman. It has so far secured orders close to Rs 1,600 crore from the PDO in their seven years of association, it said.

© HT Media Ltd. 2005.



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