BHEL-TSGENCO Sign An MoU Worth Rs 3810 Crore

Bharat Heavy Electricals Limited (BHEL), which is a state-owned electrical equipments manufacturer, has secured a deal worth Rs 3,810 crore from Telangana to set up a first thermal power project in the state, as per a PTI report.

As per a statement issued by BHEL, Telangana State Power Generation Corporation Limited (TSGENCO) has entered into an MoU with the state-run firm for construction of new thermal power plants totalling to 6,000 MW in the state in the next three years in order to meet the increasing demand for power.

In an offiicial BHEL statement, MoU is valued at Rs 3,810 crore--the order is for setting up the 800 MW supercritical thermal power plant on EPC (engineering, procurement & construction) basis at Kothagudem in Khammam District of Telangana.

Both BHEL and TSGENCO are setting up teams to expedite clearances and execution of the project, which will be commissioned in 36 months on a fast-track basis.
(Image: The Economic Times)