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BHEL emerges lowest bidder to build 2,400-MW power plant: Report

18 Jul 2017 Evaluate

BHEL has reportedly emerged as the lowest bidder in the tender to build a 2,400-MW joint NTPC-Jharkhand government power plant, surprising the industry with its aggressive offer. BHEL beat Larsen & Toubro and Korea’s Doosan, which were eyeing the contract which includes engineering, procurement and construction of three 800 MW units coal-fired power plant being built by NTPC and the Patratu Thermal Power Station.

Bharat Heavy Electricals (BHEL) is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.



Peers
Company Name CMP
Bharat Heavy Elect. 434.00
Thermax 3550.45
Kirloskar Industries 3695.90
Skipper 565.95
INDO-MIM 1057.85
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