GE Steam Power has signed a $165 million agreement with Bharat Heavy Electricals (BHEL) for the supply of three nuclear steam turbines out of six units for NPCIL's domestic nuclear program- phase 1 being developed at Gorakhpur, Haryana (units - 1 to 4 (GHAVP)) and Kaiga (Kaiga-5&6) Karnataka. This domestic program includes 12 units of 700 MWe being developed by NPCIL with their own nuclear reactor technology i.e., Pressurized Heavy Water Reactors (PHWR). In total, it will represent 8.4GW of CO2-free electricity for the country, enough to power more than 14 million homes.
The two companies are well positioned to respond to the country's needs for a lower carbon source of energy. Supporting the Aatmanirbhar Bharat initiative launched by the government of India, GE will manufacture the nuclear steam turbines at its facility in Sanand, Gujarat. These turbines are being engineered and manufactured with an improved design for enhanced output that will meet the requirements of the customer.
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.
Company Name | CMP |
---|---|
BHEL | 247.20 |
Bharat Electronics | 201.45 |
Thermax | 4168.00 |
Kirloskar Oil Eng | 859.25 |
Praj Industries | 532.70 |
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