BGR Energy Systems has received the notification of award for steam turbine and Generators for NTPC’s Lara 2x800 MW super Thermal Power Project in state of Chhattisgarh.
The order is valued at Rs 1548 crore comprising $210 Million, Euro 16 Million Rs 281 crore. The contact Provides for price variation for price variation and foreign exchange variation risk protection. As on date the order book of the company is at Rs 140,077 crore.
Earlier this year on February 29, 2012 BGR Energy System emerged as the lowest bidder in the NTPC bulk tender for supply 11 x 660 /mw supercritical Boilers.
BGR Energy Systems 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.