BHEL Secures Captive Power Plant Contract from SAIL
Filing Summary
Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Acceptance from Steel Authority of India Limited (SAIL) for a Captive Power Plant (CPP) project. The contract involves design, engineering, manufacture, supply, and commissioning of the CPP Package for SAIL’s IISCO Steel Plant in Burnpur. The project is valued between Rs 1200 and Rs 1500 crore, excluding GST, and is to be completed within 39 months. The order was awarded through a global tender, and there are no related party transactions involved.
Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Acceptance from Steel Authority of India Limited (SAIL) dated 17th February 2026. The acceptance pertains to the Captive Power Plant (CPP) project for SAIL’s IISCO Steel Plant in Burnpur.
The contract involves the design, engineering, manufacture, supply, transportation, unloading, storage, erection, commissioning, and performance guarantee test for the CPP Package. The project is on a turnkey basis, excluding civil work. The commissioning of the CPP Package is scheduled to be completed within 39 months from the effective date of the contract.
The order is valued in the range of Rs 1200 to Rs 1500 crore, excluding GST. The contract was awarded through a global tender process. There is no interest from the promoter or promoter group in the entity that awarded the contract, and the order does not fall within related party transactions.
Steel Authority of India Limited (SAIL) is a leading steel-making company in India. It focuses on producing a wide range of steel products and operates several integrated steel plants across the country.
Bharat Heavy Electricals Ltd (BHEL) is a prominent engineering and manufacturing company in India. It specializes in providing power plant equipment and services, focusing on expanding its capabilities in the energy sector through strategic projects and collaborations.