Bharat Heavy Electricals (BHEL) has announced the notification of award (NOA) from NTPC for the 1x800 MW Sipat Supercritical Thermal Power Project Stage-III.

The contract awarded to BHEL encompasses a comprehensive scope of work, including extensive engineering, procurement, and construction (EPC) activities.

This involves the supply of critical equipment, erection, and commissioning of the plant, as well as various civil works, with the overall project value exceeding Rs 6,100 crore, excluding GST.

The announcement is a significant development for BHEL, which has been actively securing major contracts in the power sector.

Just last month, the company clinched a substantial contract worth over Rs 11,000 crore with Adani Power and its subsidiary, Mahan Energen Ltd. This deal involves setting up three Supercritical Thermal Power projects, each rated at 2x800 MW, located in Kawai, Rajasthan, and Mahan, Madhya Pradesh.

Moreover, BHEL's recent success isn't limited to just one contract. In August, the state-owned company also secured a 1,600 MW project from the Damodar Valley Corporation (DVC). This coal-based unit is set to be constructed in the Koderma district of Jharkhand, further solidifying BHEL's position in the EPC market for thermal power projects.

The company's ongoing projects are expected to enhance its operational capacity and contribute to India's growing energy needs, positioning BHEL as a key player in the nation's infrastructure development.