BHEL strikes gold with Rs 800 worth orders in kitty

New Delhi, June 17 (Agencies): Bharat Heavy Electricals Limited’s (BHEL) solar photovoltaic (SPV) portfolio has surpassed one gigawatt with the company winning two orders for setting up SPV plants with a cumulative capacity of 200 megawatt. Valued at over Rs 800 crore, the orders have been secured from NTPC Ltd and Gujarat State Electricity Corporation Ltd (GSECL).

The NTPC order envisages setting up India’s largest floating SPV plant of 100 MW capacity at NTPC Ramagundam in Telangana, while the GSECL order involves setting up a 100 MW ground-mounted SPV plant at Raghanesda Ultra Mega Solar Park at district Banaskantha of Gujarat. BHEL is offering engineering, procurement and construction solutions for both off-grid and grid-interactive SPV plants at various locations in the country including the Lakshadweep islands. Of its current portfolio of more than 1 GW of SPV plants, nearly 500 MW has already been commissioned.

BHEL said in a statement that it has been contributing significantly to the nation’s green initiatives for developing and promoting renewable energy over the past three decades. The enhancement of its modern manufacturing lines of solar cells and solar modules has further strengthened its presence in the SPV segment.