Rampal projects move fast
India’s state-owned Bharat Heavy Electricals Limited’s largest export order, valued at Rs 10,000 crore (US $1.5 billion) for setting up the controversial 1,320-Megawatt Maitree super thermal power project in Rampal has taken off with the issuance of the Notice To Proceed by the developer.
In a bid to assuage the concerns of environmentalists over the project near the ecologically-sensitive Sundarbans, BHEL said, in a statement put up on its website, that “in order to meet stringent environmental norms, BHEL shall also install a state-of-the-art FGD plant and dry bottom ash handling system.”
Civil society activists and environmentalists in Bangladesh had undertaken street protests against the Rampal power plant alleging the coal-fired project will harm the ecology of the world’s largest mangrove forest.
The Indian public sector behemoth won the contract against stiff international competitive bidding and this is the company’s largest power project order abroad. The order has been secured from Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 JV company of National Thermal Power Corporation of India and Bangladesh Power Development Board, reports our New Delhi correspondent.
The debt funding for the project will be done by EXIM Bank of India for which the loan agreement between EXIM Bank of India and BIFPCL was signed in March this year.
A facility agreement between BIFPCL and Exim Bank of India for financing the construction of the power project in Rampal was signed at the Taj Palace Hotel in the presence of Bangladesh Prime Minister Sheikh Hasina at a meeting of India-Bangladesh Business Forum on April 10, according to the New Delhi correspondent.
BHEL’s ambit of work in the project includes design, engineering, manufacture, supply, construction, erection, testing and commissioning of two projects of 660 MW each with ultra-supercritical parameters on turnkey basis, a statement put up by BHEL on its website said. The ambit also includes setting up of a jetty and a river water intake system.
“This prestigious order is a testimony to BHEL’s proven technological excellence and also to its capability in executing power projects of this magnitude and complexity on turnkey basis. The order will also provide a fillip to the company’s focus on globalization as a driver of future growth,” the statement said.
The key equipment for the project will be manufactured at BHEL’s Trichy, Haridwar, Hyderabad, Ranipet, Bhopal, Bangalore and Jhansi plants while the company's power sector construction division will be responsible for construction and installation activities at site.
BHEL has had a long association with Bangladesh’s power sector – the company’s first major project in the country was the 100 MW Baghabari Gas Turbine Power Project (GTPP) which was commissioned in 2001. Subsequently, BHEL has constructed 2x120 MW Siddhirganj GTPP, besides setting up 220 kV Baghabari and Shurdi substations.
BHEL is India’s largest manufacturer of power generation equipment with an installed base of over 1,70,000 MW of power plant equipment globally. In supercritical segment, BHEL has successfully demonstrated its leadership status and technological prowess in the manufacturing and execution of 660 MW, 700 MW and 800 MW sets. BHEL's customers also enjoy the advantage of assured and prompt After Sales Service, according to the statement.
India’s state-owned Bharat Heavy Electricals Limited’s largest export order, valued at Rs 10,000 crore (US $1.5 billion) for setting up the controversial 1,320-Megawatt Maitree super thermal power project in Rampal has taken off with the issuance of the Notice To Proceed by the developer.
In a bid to assuage the concerns of environmentalists over the project near the ecologically-sensitive Sundarbans, BHEL said, in a statement put up on its website, that “in order to meet stringent environmental norms, BHEL shall also install a state-of-the-art FGD plant and dry bottom ash handling system.”
Civil society activists and environmentalists in Bangladesh had undertaken street protests against the Rampal power plant alleging the coal-fired project will harm the ecology of the world’s largest mangrove forest.
The Indian public sector behemoth won the contract against stiff international competitive bidding and this is the company’s largest power project order abroad. The order has been secured from Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 JV company of National Thermal Power Corporation of India and Bangladesh Power Development Board, reports our New Delhi correspondent.
The debt funding for the project will be done by EXIM Bank of India for which the loan agreement between EXIM Bank of India and BIFPCL was signed in March this year.
A facility agreement between BIFPCL and Exim Bank of India for financing the construction of the power project in Rampal was signed at the Taj Palace Hotel in the presence of Bangladesh Prime Minister Sheikh Hasina at a meeting of India-Bangladesh Business Forum on April 10, according to the New Delhi correspondent.
BHEL’s ambit of work in the project includes design, engineering, manufacture, supply, construction, erection, testing and commissioning of two projects of 660 MW each with ultra-supercritical parameters on turnkey basis, a statement put up by BHEL on its website said. The ambit also includes setting up of a jetty and a river water intake system.
“This prestigious order is a testimony to BHEL’s proven technological excellence and also to its capability in executing power projects of this magnitude and complexity on turnkey basis. The order will also provide a fillip to the company’s focus on globalization as a driver of future growth,” the statement said.
The key equipment for the project will be manufactured at BHEL’s Trichy, Haridwar, Hyderabad, Ranipet, Bhopal, Bangalore and Jhansi plants while the company's power sector construction division will be responsible for construction and installation activities at site.
BHEL has had a long association with Bangladesh’s power sector – the company’s first major project in the country was the 100 MW Baghabari Gas Turbine Power Project (GTPP) which was commissioned in 2001. Subsequently, BHEL has constructed 2x120 MW Siddhirganj GTPP, besides setting up 220 kV Baghabari and Shurdi substations.
BHEL is India’s largest manufacturer of power generation equipment with an installed base of over 1,70,000 MW of power plant equipment globally. In supercritical segment, BHEL has successfully demonstrated its leadership status and technological prowess in the manufacturing and execution of 660 MW, 700 MW and 800 MW sets. BHEL's customers also enjoy the advantage of assured and prompt After Sales Service, according to the statement.
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