Image Source: CNBCTV18
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance from Steel Authority of India Limited (SAIL) for setting up a Captive Power Plant at the IISCO Steel Plant, Burnpur. The turnkey project, valued at Rs 1200–1500 crore, is scheduled for commissioning within 39 months.
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BHEL has announced a major industry win with the receipt of a Letter of Acceptance from SAIL for the Captive Power Plant (CPP) package of its 4.08 MTPA crude steel expansion project at IISCO Steel Plant, Burnpur. The order underscores BHEL’s strong presence in India’s power and industrial infrastructure sector and highlights its role in supporting domestic steel expansion.
Key Highlights
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Design, engineering, manufacturing, supply, transportation, erection, commissioning, and performance guarantee testing included in scope
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Turnkey execution model excluding civil works
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Commissioning timeline set at 39 months from contract effective date
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Order valued between Rs 1200–1500 crore, excluding GST
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Awarded through a global tender process, reinforcing competitiveness
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No related party transactions or promoter interest involved
This development strengthens BHEL’s portfolio in industrial power solutions and aligns with India’s push for self-reliance in steel and energy infrastructure.
Source: Company Disclosure to the Stock Exchanges
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