According to Bharat Heavy Electricals Limited (BHEL), the price agreement (rate contract) envisages supply and supervision of erection and commissioning of several 126MW units for various power projects planned by Petroleum Development Oman (PDO).
This rate contract will initially be valid for six years with a provision for further extension by another three years with mutual agreement, during which PDO can buy additional units from BHEL. The value of the business is expected to be of the order of INR20 billion, over the next six to seven years.
For the contract, the gas turbines and associated equipment will be manufactured and supplied by BHEL’s Hyderabad plant and the control systems will be manufactured and supplied by BHEL’s electronics division in Bangalore.
Earlier BHEL has secured and executed 12 major contracts in the past 12 years in Oman. These contracts include seven Power Projects on EPC basis from diverse Sectors viz. Petroleum Sector (Petroleum Development Oman), Utility (Ministry of Housing, Electricity and water Oman) and Industry (Oman Cement Company), which are testimony to BHEL’s strong presence and acceptability in the Oman market.
BHEL is an engineering and manufacturing enterprise in India in the energy-related/infrastructure sector. The company manufactures over 180 products under 30 major product groups and caters to core sectors of the Indian Economy viz., Power Generation & Transmission, Industry, Transportation, Telecommunication, Renewable Energy, etc.
