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BHEL and NPCIL to float JV Company to
construct
Nuclear Power Projects
New Delhi, April
04, 2008
| Aimed at synergizing the strengths of the
two giants in the power sector, Bharat Heavy Electricals
Limited (BHEL), the largest engineering and manufacturing
enterprise in India in the energy-related infrastructure
sector and Nuclear Power Corporation of India limited (NPCIL),
the largest Nuclear power utility in India, have signed a
Memorandum of Understanding (MoU) to form a Joint Venture
Company (JVC). |
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The JV Company will carry out Engineering, Procurement and
Construction (EPC) activities for Nuclear Power Plants
(Conventional island) both within the country and outside on
mutually beneficial terms.
Through the JVC, to be owned by BHEL and NPCIL, the two
companies will work jointly to complement their respective
core strengths in the areas of Nuclear power generation at a
crucial juncture when the nation is looking at adding huge
power generating capacities from Nuclear Energy to meet the
growing energy needs of the country. The JVC will explore and
evaluate the various technology options available for Steam
Turbine Generator sets of 700 MWe rating and above and also
help in development of BHEL as an indigenous source capable of
designing and manufacturing Steam Turbine Generator sets of
these ratings to meet the needs of various nuclear projects
proposed to be set up in the country in future.
Sontosh Mohan Dev, Union Minister for Heavy Industries and
Public Enterprises and Prithviraj Chavan, Minister of State in
the Prime Minister's Office graced the MoU signing ceremony,
here today. The MoU was signed by K. Ravi Kumar, Chairman &
Managing Director, BHEL and Dr. S.K. Jain, Chairman & Managing
Director, NPCIL, in the presence of Dr. Anil Kakodkar,
Chairman, Atomic Energy Commission and Secretary, DAE and Dr.
Satyanarayana Dash, Secretary, Heavy Industry. Senior
officials from the Ministry of Heavy Industry and Dept. of
Atomic Energy were also present on the occasion, in addition
to Directors on the Boards of both the companies.
BHEL designed, manufactured and commissioned equipment
accounts for around 80% of NPCIL's installed capacity of 4,120
MW. The company has so far supplied state-of-the-art power
generating equipment of various ratings corresponding to
nearly 3,280 MW for various Nuclear Power Plants. NPCIL, as a
utility, and BHEL, as an EPC contractor, have worked together
on several NPCIL projects.
BHEL is also presently executing several contracts for NPCIL
for equipment supply and erection, which are in various stages
of progress. This includes a prestigious contract for the
Turbine Generator and secondary side equipment for the first
Prototype Fast Breeder Reactor (PFBR) of 500 MW rating, being
set up by Bharatiya Nabhikiya Vidyut Nigam Ltd (BHAVINI) at
Kalpakkam in Tamil Nadu. The unit is scheduled for
commissioning during the 11th Plan.
BHEL has been a major partner in NPCIL's vision to achieve
self-reliance in nuclear energy and its association with NPCIL
began in 1970 with the development of technology and
manufacture of prototype channel covers and heavy water
headers. For the first 540 MWe Nuclear sets based on PHWR
technology at Tarapur, the design and technology for TG sets
and Steam Generators was jointly developed along with BHEL's
collaborators. This approach has helped indigenous vendors
like BHEL in faster absorption of technology. The development
of indigenous vendors has ensured long term support to Nuclear
power stations in case of problems and to facilitate easy
availability of spares for the life of the plants.
BHEL is building Capacity and Capability to contribute fully
for meeting the power forecast for the 11th Plan and beyond.
For this, the Company has already enhanced its manufacturing
capacity to 10,000 MW per annum which is being further
enhanced to 15,000 MW per annum in next two years with a total
investment of Rs.4,200 Crore.
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