GAIL, BHEL sign pact for solar project

GAIL, BHEL sign solar project

State-owned gas utility GAIL India Ltd  has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. BHEL shall also provide operation and maintenance services during the initial period upon becoming successful bidder. It owns and operates a network of around 11,400 kms of high-pressure trunk pipelines. It is working concurrently on multiple pipeline projects, aggregating over 5400 kms at an investment of about Rs 24,000 crore, to operate over 16,000 kms by 2021. GAIL commands 75 per cent market share in gas transmission and has a gas trading share of over 50 per cent in India. BHEL is one of the few companies in the world, and only company in India, having the capability to manufacture the entire range of power plant equipment. It has also been in the field of design, engineering, manufacturing, installation and commissioning of solar power plants over three decades and has a portfolio of more than 700 MW.

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