State utility Rajasthan Rajya
Vidyut Utpadan Nigam Ltd has
reportedly cancelled a Rs.12,200-
crore order for supercritical power
equipment that it had placed on Bharat
Heavy Electricals Ltd last year. The
reasons for the abrupt move were not
immediately available. Some reports
suggest that the state utility was
trying to arrive at a "better" price than
what was quoted by BHEL.
In January 2011, BHEL was awarded
the contract for supplying supercritical
boilers and TG sets for two of RVUNL's
projects — Suratgarh (2x660-mw) and
Chhabra (2x660-mw). BHEL had won
the order through the international
competitive bidding (ICB) route.
Contenders for the deal included
Power machines Group of Russia, and
BGR Energy Systems in consortium
with Dong Fang Electricals of China.
BHEL was expected to implement the
EPC contract within 36-48 months
from the date of award.
Reports suggest that after
winning the contract, at least four
meetings between BHEL and the
Rajasthan utility were held. The
contract was even ready to enter the
implementation mode soon, it is
further learnt.
The Rajasthan tender was a morale
booster to BHEL that had lost out on
several supercritical power equipment
orders to private players. It is also
believed to have been BHEL's single
largest order for supercritical power
equipment.
According to a study by Electrical
Monitor, BHEL's supercritical power
equipment order book currently stands
at 10,120 mw out of which around onethird
is from private sector players. In
two projects — Raichur and Udangadi
(see table) — BHEL is also playing the
role of a developer through minority
equity holding.
Untitled Document
BHEL'S SUPERCRITICAL ORDER BOOK* |
Developer |
Project |
Capacity (mw) |
|
|
Units |
Total |
Public Sector and JVs |
APGenco+IL&FS |
Krishnapatnam, Andhra Pradesh** |
2x800 |
1,600 |
Karnataka Power Corporation |
Bellary, Karnataka |
1x700 |
700 |
KPCL+BHEL |
Raichur, Karnataka |
2x800 |
1,600 |
NTPC |
Barh (Stage 2), Bihar |
2x660 |
1,320 |
TNEB+BHEL |
Udangadi, Tamil Nadu |
2x800 |
1,600 |
Private Sector |
Dainik Bhaskar Power |
Singrauli, Madhya Pradesh |
2x660 |
1,320 |
Jaypee Associates |
Prayagraj, Uttar Pradesh |
3x660 |
1,980 |
Total |
10,120 |
*As of April 30, 2012; list may not be exhaustive. |
**BHEL to supply only the boiler package |