Metso and BHEL to extend Technology Collaboration Agreement
Published Jan 15, 2010 14.30.00 +2 GMT
Bharat Heavy Electricals Limited (BHEL) of India and Metso have signed the extension of the ongoing Technology Collaboration Agreement (TCA) between the two companies for Distributed Control System (DCS). The TCA extension is for a period of 10 years, effective 15 September 2009.
BHEL is the largest supplier of power plant equipment in India. BHEL supplied equipment contributes around 73% of the total power generated in India. The cumulative capacities of power projects installed by BHEL have exceeded 138,000 MW.
The TCA Extension documents were formally handed over by Mr. B. P Rao, Chairman & Managing Director BHEL to Mr. Pasi Laine, President, Energy & Environmental Technology (EET) Metso on January 4, 2010, during a ceremony hosted by BHEL at New Delhi.
The previous TCA with BHEL was signed in December 2000. During the tenure of this agreement to 2009, BHEL has obtained orders about 475 units which are under different stages of implementation. As part of the TCA extension, BHEL will continue the co-operation with Metso for DCS.
The TCA extension is an important milestone event in the growth path of Metso’s Energy Automation and BHEL’s Automation business.
For more information, please contact: Kari Heikkilä, Director, Automation Projects email@example.com; tel. +358 40 552 8372