Bharat Heavy Electricals Ltd. has secured a major contract for the electro-mechanical equipment package for a 720 MW (4x170 MW) Hydroelectric project in Bhutan. The order envisages manufacture, supply, erection and commissioning of the electro-mechanical equipment for the 720 MW Mangdechhu Hydroelectric project. The value of the contract is INR 5,940 million plus Balance of Plant on cost plus basis, with which, the total contract value will be in the range of INR 7,300 million to INR 7,500 million.

The project is being set-up under a bilateral agreement between the Government of India, and the Royal Government of Bhutan. The order has been placed on BHEL by Mangdechhu Hydroelectric Project Authority (MHPA), Bhutan. Significantly, after Punatsangchhu-I & II projects, this is BHEL's third consecutive contract for the main electro-mechanical package in Bhutan and reflects the customer's confidence in BHEL's technological excellence and capabilities in the execution of power projects of this magnitude.