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Bharat Heavy Electricals Gets LNTP for 800 MW Thermal Project in Durgapur, India

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Bharat Heavy Electricals (NSE:BHEL, BOM:500103) has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC) for the main plant package of a 1x800 MW thermal power project at Durgapur, according to a filing.

The LNTP, worth over 900 million rupees excluding GST, allows BHEL to begin engineering work and ordering of long-lead items for the boiler, turbine and generator package, the filing said.

The contract is valid for 10 months from the date of issue, the company said, adding that the main supply and execution order is awaited.

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