This project forms part of NTPC's bulk tender for sourcing supercritical (energy efficient) equipment.
Private power gear maker Alstom today said it has won a 85 million euro (around Rs 722 crore) contract from state-run BHEL for supplying equipment for Darlipalli thermal power project in Odisha.
"Alstom has been awarded a contract worth Euro 85 million by BHEL to supply two 800 MW supercritical boilers for Darlipalli thermal power project at Sundergarh, in Odisha," Alstom said in a statement.
This project forms part of NTPC 's bulk tender for sourcing supercritical (energy efficient) equipment.
Under the scope of the contract, Alstom - the sole licensor for BHEL supercritical technology - will design the 800 MW supercritical boilers and supply identified pressure parts along with windboxes, pulverizers and airpreheater components, the statement said.
It will also assist BHEL with technical advisors during the erection and commissioning of the units.
Also read: BHEL wins Rs 7900cr order
The components will be manufactured at Alstom's facilities in Concordia and Wellsville, USA, as well as in Durgapur and Shahabad, India. The units are expected to be commissioned starting in 2017.
"Our solutions not only improve efficiency and operating flexibility, but also substantially reduce all emissions for each unit of electricity generated, including CO2," Andreas Lusch, Senior Vice President Steam Business at Alstom said.
Odisha has an installed capacity of around 7,000 MW of which coal accounts for around 4,000 MW.
BHEL stock price
On March 05, 2014, Bharat Heavy Electricals closed at Rs 166.50, down Rs 0.2, or 0.12 percent. The 52-week high of the share was Rs 208.70 and the 52-week low was Rs 100.35.
The company's trailing 12-month (TTM) EPS was at Rs 19.83 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 8.4. The latest book value of the company is Rs 124.38 per share. At current value, the price-to-book value of the company is 1.34.
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