State-run Bharat Heavy Electricals Ltd (BHEL) on Monday said it has received a Rs 11,000 crore order from Adani Power and its subsidiary Mahan Energen Ltd (MEL) to set up three “supercritical thermal power projects”.
Each of the three projects will be of 2x800 MW rating in Kawai, Rajasthan and in Madhya Pradesh's Mahan. In a stock exchange filing, BHEL said it needs to complete the Kawai Phase-II project in 49 months, the Kawai Phase-III project in 52 months and the Mahan Phase-III project in 55 months.
In the filing, BHEL said it will be involved in the supply of equipment and supervision of erection and commissioning for the three power projects mentioned above. The supply of equipment includes boilers, turbines, generators, and associated auxiliaries, as well as control and instrumentation.
“Bharat Heavy Electricals Limited (BHEL) has signed a contract agreement with Adani Power Ltd and its subsidiary (Mahan Energen Ltd) for setting up three Supercritical Thermal Power projects (each of 2x800 MW rating) in Kawai, Rajasthan and Mahan, Madhya Pradesh,” said the state-run company.
For the April-June quarter (Q1 FY25), BHEL reported a 9.6 per cent growth in its revenue to Rs 5,484 crore (year-on-year).
Meanwhile, Adani Power reported that consolidated continuing profit before tax (PBT) grew 95 per cent to Rs 4,483 crore in the April-June quarter against Rs 2,303 crore in the same period last year due to higher reported EBITDA and lower finance cost.
The consolidated power sale volume stood at 24.1 billion units (BU) in Q1 FY25, up by 38 per cent from 17.5 billion units in Q1 FY24 due to improved power demand and larger effective operating capacity.
The growth comes at a time when the power demand is continuing to exhibit strong growth across India, with aggregate power demand in the first quarter growing at 10.6 per cent year-on-year and peak demand growing at 12 per cent to reach a record level of 250 GW.
According to Adani Power, it has an installed thermal power capacity of 15,210 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, apart from a 40 MW solar power plant in Gujarat.
Tripura Govt contemplating to boost tourism: Minister Sushanta Chowdhury
The state transport and tourism minister Sushanta Chowdhury on Thursday said that the government is contemplating to make tourism as an alternate means of livelihood in the state. Adequate fund has been allocated for further developing the tourism sector, he added.
Imports from B’desh to Tripura increase, exports largely decline: Minister
Imports from Bangladesh into Tripura increased but exports from the northeastern state of India to the neighbouring country substantially declined, state Industries and Commerce Minister Santana Chakma told the Assembly on Thursday.
67 percent households in AMC areas connected with drinking water supply: CM Dr Manik Saha
Chief Minister Dr Manik Saha on Thursday claimed that at least 67% households were connected with drinking water supply in the areas of Agartala Municipal Corporation.
Boy drowns in Muhuri River during Baruni bathing ritual
In a tragic incident, Sayan Pal (18), a 12th-standard student from Arya Colony, Belonia, drowned in the Muhuri River while participating in the holy Baruni bathing ritual on Wednesday afternoon.
Innovative projects launched to supply drinking water from Dumbur: CM
Chief Minister Prof. Dr. Manik Saha today said that several innovative projects have been set up based on the reserved water of the Dumbur water reservoir, making it possible to provide drinking water connections to many families through pipelines.
Govt undertaken measures to increase Howrah river’s navigability: Tripura CM
Chief Minister Prof. Dr. Manik Saha today said that the state government has undertaken a series of measures to permanently address flooding in Agartala city by increasing the navigability of the Howrah River.
Tripura Assembly witnesses spat over minister's 'racist' remark against LoP
The Tripura Assembly witnessed a noisy scene for the fourth day on Thursday over Parliamentary Affairs Minister Ratan Lal Nath's alleged racist remarks against Leader of the Opposition (LoP) Jitendra Chaudhury.
Centre Releases Rs 240.5 Crore to Tripura for Urban Planning Reforms
Chief Minister Prof. Dr. Manik Saha today announced that the Ministry of Finance has released Rs 240.5 crores to Tripura for achieving urban planning reforms.