Highlights Public Sector Unit News

BHEL Bags ₹600–900 Crore Power Grid Order

Bharat Heavy Electricals Limited (BHEL) has received an order from Power Grid Corporation of India Limited, on behalf of its Project SPV Company, for the establishment of two +300/-200 MVAR Synchronous Condensers at Kalyanpur in Gujarat. The project will support the transmission system required to integrate power from renewable energy projects in the Jam Khambhaliya Renewable Energy Zone (REZ) in the state.

Under the contract, BHEL will undertake the design, engineering, manufacturing, supply, erection, testing and commissioning of two synchronous condensers, each with a rating of +300/-200 MVAR. The project carries an execution timeline of 35 months.

The order value is estimated at ₹600 crore to ₹900 crore, excluding GST. It is classified as a domestic order.

The project forms part of the transmission infrastructure development required to facilitate the integration of renewable energy generated in the Jam Khambhaliya REZ. Synchronous condensers support grid stability by providing reactive power support and helping maintain voltage levels, which are important for integrating renewable energy into the power transmission network.

The order further strengthens BHEL’s presence in the power transmission and renewable energy integration segment, adding to its role in the development of infrastructure supporting India’s energy transition.

BHEL has clarified that the contract does not involve any related-party transaction and that the promoter group has no interest in the entity awarding the order.

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