BHEL Secures ₹600-900 Crore Power Grid Order for Synchronous Condensers in Gujarat

Kalyanpur: State-owned engineering company Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award (NOA) from Power Grid Corporation of India Limited (PGCIL) for the installation of two synchronous condensers at Kalyanpur in Gujarat.

The project, valued at ₹600 crore to ₹900 crore, excluding GST, involves the design, engineering, manufacturing, supply, erection, testing and commissioning of two +300/-200 MVAR synchronous condensers.

The project is associated with the transmission system for the integration of power from renewable energy projects in the Jam Khambhaliya Renewable Energy Zone (REZ) in Gujarat.

The contract is domestic in nature and is to be executed over a period of 35 months. BHEL stated that the awarding entity has no interest from its promoter or promoter group, and the contract does not fall under related-party transactions. DeshGujarat