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BHEL enters into Technology License Agreement with Sumitomo SHI FW

23 Dec 2022 Evaluate

Bharat Heavy Electricals (BHEL) has entered into a long-term Technology License Agreement (TLA) with Sumitomo SHI FW, Finland (SFW) for design, engineering, manufacturing, erection, commissioning and sale of subcritical as well as supercritical Circulating Fluidised Bed Combustion (CFBC) Boilers in India and in overseas territories except select countries.

The TLA with SFW will strengthen BHEL’s comprehensive capabilities to cater to power plant requirements meeting extant emission norms and contribute to the Government’s ‘Make in India’ initiative.

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. 428.00
Thermax 3568.35
Kirloskar Industries 3788.30
Skipper 532.65
INDO-MIM 993.65
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