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BHEL bags Rs.506 crore contract from ONGC

Thursday, 26 Jun 2008
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Bharat Heavy Electricals secured a contract worth Rs.506 crore from Oil & Natural Gas Corporation for refurbishment and upgradation of 12 onshore drilling rigs as well as supply of new rig equipment. These rigs were procured by ONGC in the seventies and eighties. Of these 12 rigs, nine were supplied by BHEL while the rest were supplied by American companies.

The scope of work under this contract involves NDT, repair and replacement of structural members of mast and substructure, overhauling of rotating and hoisting equipment, revamping electrical systems and site erection and commissioning of these equipment.

The mechanical works for the above contract will be done by BHEL's Hyderabad plant, while the electrical jobs will be undertaken by the company's Bhopal plant.

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