BGR Energy Systems has received the LoA from NTPC for supply of supercritical boilers in Maharashtra.
The order worth Rs 1,855 crore is for supply of 2 x 660 MW supercritical boilers at Solapur in Maharashtra. The execution period of the contract is 48 months. In February 2012, the company had emerged as the lowest bidder in the NTPC bulk tender for supply of 11 x 600 MW supercritical boilers. These projects are located at various places, namely, Solapur, Mouda (in Maharashtra), Meja (Uttar Pradesh), Nabinagar (Bihar), and Raghunathpur (West Bengal). As per tender conditions, NTPC is to award six units of supercritical boilers to the L-1 bidder, BGR Energy. The LoA for other two sites, namely Meja and Raghunathpur are expected in the next two or three weeks. The company will be executing this contract in collaboration with Hitachi Power Europe, Germany and BGR Boilers.
BGR Energy has entered into JV collaboration with Hitachi Power Europe, Germany, for transfer of technology and equity participation. A JV company by name 'BGR Boilers' with 70 per cent equity participation by BGR Energy and 30 per cent by Hitachi has been formed. The JV company already signed technical collaboration for transfer of technology for 660 MW, 700 MW, 800 MW and 1000 W supercritical boilers and is in the process of setting up manufacturing facility.
Also See:
BGR emerges lowest bidder for 660 MW NTPC boiler contract (1-March-12)
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