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BGR Energy receives contract for supply of 2x660 MW Super-critical boilers

02 May 2012 Evaluate

BGR Energy Systems has received Letter of Award (LoA) from Meja Urja Nigam, a joint venture company of NTPC and UPRVUNL for supply of 2x660 MW Super-critical boilers to be set up at Meja in the state of Uttar Pradesh. The order is valued at about Rs 1855 crore. The execution period of the contract is 48 months. The contract provides for price variation and foreign exchange variation risk is fully protected.

Earlier on April 9, 2012, the company received LoA from NTPC for the supply of 2x660 MW super-critical boilers to be set up at Solapur in the state of Maharashtra.

BGR Energy Systems (BGRESL) is engaged in supplying of systems and equipment and contracting turnkey engineering project. The company started as a joint venture between GEA Energietechnik GmbH, Germany and the promoter B G Raghupathy in order to produce and sell on-line condenser tube cleaning systems, debris filters and rubber cleaning balls used in thermal and nuclear power plants.

BGR Energy Systems Share Price

262.50 -7.90 (-2.92%)
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