BHEL Chairman and Managing Director K Ravi Kumar has quoted that BHEL has slowly lost 18,000 MW worth of equipment to Chinese firms, including an order for supplying 800 MW super critical technology to Andhra Pradesh Generation Company (APGENCO). The order was bagged by L&T-Mitsubishi Heavy Industries. In India, International Competitive Bidding (ICB) route is strictly adhered to by the companies who bid for supplying equipments to the power projects. Apparently, BHEL has expertise for supplying equipments for 250 and 500 MW but the bidding norms were changed to 300 and 600 MW which benefited Chinese firms. Thankfully for BHEL, this norm has been removed. BHEL has decided to invest Rs 10,000 crores in the next four years to ramp up capacity.
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