BHEL wins order for Gas Turbine Generating Unit from Iraq

Further accelerating the growth momentum in overseas business, Bharat Heavy Electricals Limited (BHEL) has achieved another milestone in the West Asian region with a prestigious export order for a Gas Turbine Generating Unit for Iraq.

Valued at Rs.910 Million, the order, placed on the company by Power Engineers Contracting Company, UK, envisages supply of one number state-of-the-art 42 MW (Frame 6B) Gas Turbine generating unit for Nasiryah power project in Iraq.

With this order, BHEL has consolidated its position in the intensely competitive Iraqi market, once again demonstrating its capabilities and international competitiveness in the global power equipment segment.

Notably, BHEL has also signed a Memorandum of Understanding with Power Engineers, UK for supplying Fr-9E Gas Turbine Generators and Steam Turbine Generators for future projects in Iraq.

For the contract, the Gas Turbines and associated equipment will be manufactured and supplied by BHEL’s Hyderabad plant and the state-of-the-art Control System will be manufactured and supplied by BHEL’s Electronics Division, Bangalore.

BHEL has established its footprints in all the six continents of the world - spanning over 70 countries and its technical competence has earned worldwide acclaim. Riding high on its dominant domestic position, BHEL is taking long strides to become a major global player by enhancing its presence in international markets. It has identified overseas business as a major thrust area as part of its ‘Strategic Plan 2012’.

BHEL’s globalisation strategy is already yielding rich dividends and the company has won export orders from 22 countries in 5 continents in fiscal 2008-09. In fact, bucking the global recessionary trend, BHEL achieved a physical export order inflow of Rs.32,650 Million during the year - an increase of 41% over the previous fiscal. The year marked significant steps towards globalisation with successful forays in new markets and new product areas, apart from firmly establishing the company’s presence in existing markets and areas.