Indian thermal power plants (Business Opportunities - Advertising Service)
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Item ID 3195307 in Category: Business Opportunities - Advertising Service
Indian thermal power plants | |
In a move set to influence future contract structuring, BHEL has established clearer risk and responsibility zones for the ongoing 800 MW BOP package, a key development for any Indian thermal power project. Multiple bidders voiced concerns regarding cash flow constraints, specifically requesting the early release of 2–4% milestone payments at commissioning. However, BHEL stood firm, stating that all disbursements would be linked strictly to Performance Guarantee (PG) test completion and certification—an approach now increasingly common across major Indian thermal power project contracts. This decision increases working capital exposure for contractors in the final project stages but aligns with BHEL’s established risk management protocols. A frequent pain point in Indian thermal power project execution is the ambiguity between technical clauses and responsibility matrices. Here, contradictions between the TCC and Scope Matrix regarding HT motors, sump pumps, and civil works in Boiler-Turbine-Generator (BTG) zones have now been settled. The newly issued Rev-01 matrix provides early certainty and clarity on zone demarcation—a rare occurrence in high-value EPC packages within the Indian thermal power project landscape. Notably, BHEL has chosen to retain its Rs.10 crore arbitration limit for dispute resolution, a move challenged by several vendors seeking greater procedural fairness. Disputes exceeding this cap will require alternate legal remedies, adding an additional layer of commercial risk to already complex Indian thermal power project negotiations. The final clarification assigns dismantling, pipe rerouting, and cable rack modifications near BTG boundaries to BOP vendors, reinforcing project accountability and reducing claim unpredictability, India Power, Indian Power Sector, Power India, Electricity India, Energylineindia. | |
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| Target State: All States Target City : delhi Last Update : 12 June 2025 3:35 PM Number of Views: 16 | Item Owner : enerylineindia Contact Email: Contact Phone: (None) |
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2025-06-16 (0.386 sec)