BHEL bags Rs 550 cr export contract

New Delhi, Mar 31: Bharat Heavy Electricals Limited (BHEL) has won a Rs 550 crore contract for setting up 2x135 MW circulating fluidised bed combustion (CFBC) boilers in New Caledonia, an island east of Australia.

The island, in the south-west Pacific Ocean, is an overseas territory of France. The order has been placed on BHEL by Koniambo Nickel SAS, an overseas joint venture of the globally-diversified mining group Xstrata PLC, Switzerland, with a local New Caledonian company, a BHEL spokesperson told UNI today.

This is the first ever overseas order on BHEL for CFBC boilers for utility application.

With this, the company has made an entry in the European market for this environment friendly product, meeting stringent emission norms.

UNI