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BGR Energy Systems received the notification of award (NoA) for steam turbine and generators for NTPC's Lara 2x800 MW super thermal power project (STPP) in the state of Chattisgarh.
The order is valued at Rs 1548 crore comprising USD 210 million, Euro 16 million and Rs 281 crore. The contract provides for price variation and foreign exchange variation risk protection.
Earlier this year, on 29 February 2012, BEG Energy Systems emerged as the lowest bidder in the NTPC bulk tender for supply 11 x 600 MW super - critical boilers. Earlier BGR Energy received the NoAs for Solapur, Maharashtra and Meja, Uttar Pradesh, Raghunathpur, West Bengal.
The bid for the LARA project was opened on 15th September 2011. BGR Energy emerged as the lowest bidder competing amongst BHEL, L&T and Toshiba. The issue of NoA was delayed due to land acquisition and environmental clearance issues. The 800 MW STG units will be supplied in 44 and 48 months.
As on date the order book of the company is at Rs 14,077 crore.
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