Power Machines signed a contract for Barh Thermal Power Plant (India): construction on the "turn-key" basis of the three power units of 660 MW each. The Customer is the Indian National Thermal Power Corporation.
In accordance with the terms of the contract Power Machines will carry out design, manufacture, supply, erection and commission of three power units for the turbine island of Barh TPP. Each power unit equipment includes steam turbine designed for supercritical parameters, turbogenerator, feedwater turbine-driven pump.
The contract price amounts to 270 million US$. Financing will be carried out from the budget of the Customer - National Thermal Power Corporation.
Under the contract the first power unit will be put in operation in 46 months after awarding the Contract, the second and third - will be put in operation within next 6 and 12 months correspondingly.
The main competitors of Power Machines were the well-known international company Siemens together with the local company BHEL. The project of Power Machines was specially developed for Barh TPP and was preferred by Indian Customer.
The new Thermal Power Plant Barh located at Bihar (Indian state) will provide industrial enterprises and population of India with electric power.
In 2004 Power Machines and Indian National Thermal Power Corporation signed the similar contract for delivery of equipment for Sipat TPP. The total price of the projects (Sipat TPP and Barh TPP) exceeds 500 million US$.