BHEL Bags Two EPC Orders for 200 MW of Solar Projects Worth ₹8 Billion

Bharat Heavy Electricals Limited’s (BHEL), a public sector undertaking (PSU) involved in the manufacturing of electrical equipment, has won two engineering procurement and construction (EPC) orders for setting up solar projects of a combined capacity of 200 MW.

The new projects effectively raise BHEL’s installed SPV capacity to more than 1 GW. The projects are from NTPC and Gujarat State Electricity Corporation Ltd (GSECL) and are together valued at more than ₹8 billion ($114.3 million).

The NTPC order involves setting up India’s largest floating SPV project for 100 MW capacity at its Ramagundam facility in Telangana. The GSECL order consists of a ground-mounted SPV project of 100 MW capacity at Raghanesda Ultra Mega Solar Park in Banaskantha district of Gujarat.

Mercom contacted a BHEL official said, “The market for EPCs has declined over the past few months. The contracts were won quite effortlessly owing to our credentials, and we are expecting to sign the agreements shortly.”

BHEL works on EPC solutions for off-grid and grid-interactive SPV projects, along with its latest foray into the EV infrastructure segment. The company has offered EPC services for projects located at several states across the country. Of the company’s current renewable energy portfolio of over 1 GW, about 500 MW have been commissioned to date making BHEL an important player in India’s clean energy market.

Previously, Mercom reported that BHEL had bagged a 75 MW grid-connected solar PV project to develop in Gujarat Solar Park, located in Charanka village of Patan district. In April, BHEL invited bids from interested vendors for the supply of solar PV modules aggregating 71.177 MW for the development of its solar projects.

The company also issued operation & maintenance (O&M) tenders for two solar projects of 20 MW in West Bengal.

Recently, BHEL also won an order for setting up 129 MW of solar energy projects in Telangana from Singareni Collieries Company Limited. This was a large EPC order won by BHEL with a value of ₹5.65 billion (~$ 79.79 million). The projects totaling 129 MW are to be set up at four different locations. For these projects, BHEL also issued a tender for the procurement of 1,500 metric tons of module mounting structure columns.