Size does matter when it comes to India''s largest power equipment manufacturer BHEL. The company is going to bag its first supercritical boiler order from NTPC, which would successfully transform the company into a complete power provider. According to sources BHEL will announce its first set of orders for supercritical boilers soon. The company has emerged as a sole bidder for NTPC''s Bhar project in Bihar for which it needs supply two 660 mw supercritical boilers to NTPC.
BHEL is also planning to make the big leap by participating in some mega power projects soon. Sources also say that it will place final bids for two 800-mw Krishnapatnam project by October end.
The company is also planning to participate in NTPC''s three 660-mw North Karampura, Jharkhand project. It is exploring joint ventures with PSUs for supercritical projects.
The government on its part has some ambitious plans to boost power generation during the 11th five-year plan. And analysts say that BHEL is all set to leverage this opportunity.
The current order book for BHEL stands at Rs 75,000 crore, experts believe that this order book size can double over the next two years if BHEL bids competitively in the upcoming projects.
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