B Prasada Rao, CMD, BHEL
What are the order opportunities on the anvil for you for the balance two quarters of FY15? What is your outlook for FY16 on order inflows for BTG and EPC?
I would not like to give any future indications of the company as such, but I will still give you what is happening in the market. Now for the first half, as you have seen, nearly 5,000 MW has been finalised. In my earlier teleconference I had mentioned about tenders for 15,000 MW which are likely to happen during the entire year and I stick to that and I am seeing there are a number of tenders which are in advanced stages of finalisation. So all this will amount to about 15,000 MW.
In addition to the orders what we are likely to get on almost one-to-one basis from States like Telangana, Andhra Pradesh or Karnataka or some other States; we have been working with them. So this will be the total market, around 15,000 MW. But this 15,000 MW is the total market size this year.
Any specific projects that are on the anvil in the stage of tendering that you can disclose at this point?
In some of the projects, we are already placed lowest like the Pakaldul hydroelectric project for electromechanical equipment, with Patel Engineering being the main supplier. This is a 1,000 MW project.
The order is yet to be released. It is under clearance by the Environment Ministry and the J&K government has recently accorded tax exemption also for this project. So with all these things, ordering for the project is expected to happen at any time now and there are other projects like Udangudi in Tamil Nadu. This information is in the public domain that we are L1 in Udangudi and which is a similar project like Ennore and we have received the letter of intent for Tuticorin; it is a 1 x 525 MW, but we are yet to get the order.
So we are just waiting for that. It is only a formality which is pending and the verdict of the Tamil Nadu Regulatory Commission is awaited by them for some dispute for the power purchase agreement with TNRC. So otherwise, these orders are almost finalised, but then it is a matter of time to get into our fold.
So there are other orders which are like tenders going to happen like NTPC tenders. You know that Khargone and Barethi, they are the two NTPC major tenders which are to happen and MAHAGENCO Bhusawal is likely to happen as a tender. Other than that, we are working with Telangana for a 6,000 MW project and here again a substantial portion of that should come this year on a one-to-one basis.
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