MoneyWorks4Me

BHEL extends Gas Turbines technology agreement with General Electric Technology GmbH Switzerland

05 Jul 2023 Evaluate

Bharat Heavy Electricals (BHEL) has extended its Gas Turbines technology agreement with General Electric Technology GmbH Switzerland. BHEL in partnership with GE is the market leader for Gas Turbines in India.

With BHEL-GE partnership in place since 1986, BHEL has been manufacturing and supplying GE designed Gas Turbines in domestic as well as overseas market. Till date, BHEL has supplied about 230 GE design Gas Turbines to various oil refineries, process industries and utilities in India and to various customers worldwide. Under this extension agreement, BHEL has gained access and enhanced rights for existing, uprated and new Gas Turbine models.

As per the agreement, BHEL shall also be able to supply GTs with fuel blends viz. Hydrogen, Methanol, Syngas etc. and in hybrid configuration contributing further towards accelerating the energy transition in India. 

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. 448.90
Thermax 3232.25
Kirloskar Industries 3521.90
Skipper 541.30
INDO-MIM 1357.55
View more..