New Delhi, Jul 1: State-run Bharat Heavy Electricals Limited (BHEL) has achieved one of its biggest breakthroughs in international business by winning a turnkey contract worth Rs 2,080 crore for setting up a 400 MW thermal power project in Syria.
With this order for Tishreen Thermal Power Plant Extension (2x200 MW), the company has also made its maiden entry in the Syrian Power Sector, a BHEL statement said. The order has been placed on BHEL by Public Establishment of Electricity for Generation and Transmission (PEEGT), Ministry of Electricity, Syria, and is to be executed in a tight schedule of 33 months.
It is the highest-value single order secured by the company in overseas markets as also the first-ever overseas order for a large size steam turbine power plant, with 200 MW unit rating sets, the spokesman said.
BHEL's scope of work in the contract includes design, engineering, manufacture, supply, erection and commissioning of main plant equipment with associated auxiliaries, balance of plant and electricals, besides state-of-the-art controls and instrumentation, and civil works.
Riding high on its dominant domestic position, BHEL is taking long strides to become a major global player by enhancing its presence in international markets.
The company is targeting a six-fold increase in its physical exports by 2012.