Search

Home » Solar » BHEL to have JV with Bharat Electronics Ltd to set up 250MW Solar PV manufacturing facility at a cost of Rs.30-40bn

BHEL to have JV with Bharat Electronics Ltd to set up 250MW Solar PV manufacturing facility at a cost of Rs.30-40bn

BHEL is the largest engineering enterprise of its kind in India and one of the foremost companies in the international power arena. While its core competence is in the power sector, it also caters to other core sectors like; Industry, Transportation, Transmission, Oil & Gas, Defence and Renewable Energy. Its diverse manufacturing base supported by contemporary and unique manufacturing facilities gives it a competitive edge. With a product portfolio of over 180 products, BHEL has its foot print in over 70 countries.

Panchabuta was one of the first to mention late January that BHEL had finalized an agreement with Abengoa Solar to develop CSP projects in India. Later this was confirmed in February by BHEL that they had joined hands with  Abengoa, Spain, the European leader in solar and other energy-related projects, to develop state-of-the-art Concentrated Solar Power projects in India.

Also, as Panchabuta understands this CSP facility could be coming up in the Tiruchrappalli facility of BHEL as the unit of already manufactures thermal generators and heat exchangers.

Further, talking to reporters in Trichy, O P Bhutani,Director, R&D (Engineering), BHEL, said “We will enter intomanufacturing of renewable energy generating equipments in abig way and will go in for a JV with Bharat Electronics Ltd(BEL), Bangalore, to install a manufacturing facility in thecapacity of 250mw for production of solar photo voltaiccells”.

Already an MOU had been inked with BEL and they had developed a prototype model at a capacity of 8mw, he said.

Soon, the JV agreement would be signed and it will be at an investment of Rs 3,000-4,000 crore on a 50-50 ratio, he added.

Though the location of the factory was yet to befinalised, it was expected that it would be commissionedwithin two years, Bhutani said.

Scroll To Top