MEIL bags Rs 13,000-cr order from NPCIL for 2 nuclear reactors Energy Watch
Nuclear Energy

MEIL bags Rs 13,000-cr order from NPCIL for 2 nuclear reactors

MEIL said that it has received an order worth about Rs 13,000 crore from the NPCIL for supplying two nuclear reactors of 700 MW each

EW Bureau

New Delhi: Megha Engineering & Infrastructure Ltd (MEIL) said on Wednesday that it has received an order worth about Rs 13,000 crore from the Nuclear Power Corporation of India Ltd (NPCIL) for supplying two nuclear reactors of 700 megawatt (MW) each. The order marks MEIL's foray into the nuclear energy sector, the company said in a statement.

MEIL said it has "formally received a purchase order for Rs 12,800 crore from the Nuclear Power Corporation of India Ltd (NPCIL) to construct two 700 MWe nuclear reactors -- Kaiga Units 5 & 6 -- in Karnataka." The order has been secured Quality-cum-Cost-Based Selection (QCBS) process route conducted by NPCIL.

Also read:NPCIL's Kakrapar Atomic Power Project Unit 4 starts controlled fission chain reaction

"Competing with industry giants like BHEL and L&T, MEIL was chosen for its strong technical approach and competitive pricing," it said. Hyderabad-based MEIL is one of India's leading infrastructure companies, with a wide-ranging presence across sectors including power, water, hydrocarbons, irrigation, oil and rigs, defence, transport, compressed gas distribution, and electric mobility.

Also Read

Thermal power plants hold 8.7 days of coal currently. But where is the shortage most concentrated?

Coal stock cover at power plants fell to 9 days in August, a 34-month low: Crisil

Saudi Aramco halts crude supplies to Indian refiners after strike shuts East-West pipeline

India firmly committed to energy security of its 1.4 billion people: MEA on US Russia-Iran sanctions bill

ICRA revises outlook for aluminium, copper, zinc to positive on robust metal prices, healthy demand