L&T, BHEL bid for Mahagenco order
Heavy engineering and equipment maker Larsen & Toubro, the state-owned Bharat Heavy Electricals (BHEL) and South Korea’s Doosan Heavy
Industries
& Construction are some of the firms that have bid for the boiler-turbine-generator (BTG) supply order for Maharashtra State Power Generation Company’s (Mahagenco) proposed 1,980-mw thermal power plant at Koradi in Nagpur.
The state power generation company has received bids from these companies for the BTG supply contract, and the bids will be opened soon, said Subrat Ratho, managing director of Mahagenco, on the sidelines of the foundation stone-laying ceremony on Thursday. “Within two months of awarding the BTG orders, we will invite bids for the balance of plant orders for the project, which is expected to be fully commissioned by the end of 2014,” said Mr Ratho. The balance of plant order consists of other equipment, systems, components and structures, outside the BTG contract, which is deemed vital for the power plant.
Mahagenco is setting up three units of 660-mw coal-fired super critical power plants at Koradi, where it has an installed capacity of 1,040 mw. The plan entails an investment of Rs 11,880 crore with debt-equity portion of 80:20. The company has already tied up the debt component of Rs 6,512 crore with the Power Finance Corporation and the equity portion will be contributed by the Maharashtra government.
Mr Ratho said this power project will be state’s first supercritical generation facility, which may make electric production cheaper at Rs 2.90 per unit.
Furthermore, the cost may come down as the facility will have fuel linkages from mines in Orissa.
Mahagenco, in association with the Gujarat power generation company, has been allocated these coal mines in Orissa. The mines have estimated reserves of around 1.2 billion tonnes. Mahagenco plans to add around 5,000 mw by 2012, and all the new projects would be fuelled by coal procured from these mines.
Heavy engineering and equipment maker Larsen & Toubro, the state-owned Bharat Heavy Electricals (BHEL) and South Korea’s Doosan Heavy
Industries
& Construction are some of the firms that have bid for the boiler-turbine-generator (BTG) supply order for Maharashtra State Power Generation Company’s (Mahagenco) proposed 1,980-mw thermal power plant at Koradi in Nagpur.
The state power generation company has received bids from these companies for the BTG supply contract, and the bids will be opened soon, said Subrat Ratho, managing director of Mahagenco, on the sidelines of the foundation stone-laying ceremony on Thursday. “Within two months of awarding the BTG orders, we will invite bids for the balance of plant orders for the project, which is expected to be fully commissioned by the end of 2014,” said Mr Ratho. The balance of plant order consists of other equipment, systems, components and structures, outside the BTG contract, which is deemed vital for the power plant.
Mahagenco is setting up three units of 660-mw coal-fired super critical power plants at Koradi, where it has an installed capacity of 1,040 mw. The plan entails an investment of Rs 11,880 crore with debt-equity portion of 80:20. The company has already tied up the debt component of Rs 6,512 crore with the Power Finance Corporation and the equity portion will be contributed by the Maharashtra government.
Mr Ratho said this power project will be state’s first supercritical generation facility, which may make electric production cheaper at Rs 2.90 per unit.
Furthermore, the cost may come down as the facility will have fuel linkages from mines in Orissa.
Mahagenco, in association with the Gujarat power generation company, has been allocated these coal mines in Orissa. The mines have estimated reserves of around 1.2 billion tonnes. Mahagenco plans to add around 5,000 mw by 2012, and all the new projects would be fuelled by coal procured from these mines.
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