5 Jul 2023 , 11:40 AM
GE Vernova’s Gas Power business and Bharat Heavy Electricals Limited (BHEL) announced the continuation of their long-term collaboration with the fourth extension of the Technical Assistance and Licence Agreement including scope for the engineering and manufacturing of heavy-duty gas turbines in India as part of their mission to provide cutting-edge powering solutions for India’s gas power sector.
The two industrial power companies’ relationship, which began in July 1986, is being extended with the signing of the deal.
Through this arrangement, BHEL will be better able to meet customer demand for power plants and provide best-in-class gas turbine technology thanks to GE Vernova’s Gas Power business. About 230 GE gas turbines have been provided by BHEL to various Indian utilities, process industries, and oil refineries to date.
Through the promotion of domestic manufacturing capabilities, the creation of new job possibilities, and the expansion of the supply chain network, the aforementioned cooperation is also helping to reshape India’s energy roadmap. It is a testament to the Make In India and Atmanirbhar Bharat (Self-Reliant India) efforts, and it is also consistent with India’s Power Vision.
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