7 May, 2002 – An online bidding process has resulted in Indian state-owned company Bharat Heavy Electricals Limited (BHEL) being awarded a contract worth 2.67bn rupees ($54m) to build a 140 MW natural gas-based power plant in Oman.
In a statement BHEL said that the deal was a prestigious order and marked “another breakthrough in the international market”.
The order from Petroleum Development Oman is for the supply, installation and civil construction of the 2×70 MW Gas Turbine (Frame 6FA) based power station on EPC basis for its project at Qarn Alam, Muscat. The project is scheduled for completion by June 2004.
During the year 2001-02, BHEL’s has secured 8bn rupees worth of orders with forays into the Chinese, Central Asian and African markets. “Further success through online bidding has also given impetus to E-commerce initiatives in the company,” said BHEL.
The Indian federal government is a 67.7 per cent owner of BHEL.