Bharat Heavy Electrical Ltd announced that NMDC has revoked the termination of the contract to construct a Raw Material Handling System at NMDC’’s under construction Integrated Steel Plant at Nagarnar in Bastar district of Chhattisgarh, being executed by BHEL-ISG Bengaluru division, has restored the original contract on 27th August 2019. BHEL had received on 15th July 2019, a Notice of Termination dated 13th July 2019 from NMDC for the above contract.
The raw material handling system package was awarded to BHEL on August 1, 2011, at a cost of INR 1,395 crore, with completion date of February 28, 2014. BHEL was to set up the system on a turn key basis. The project includes engineering, procurement and construction of complete RMHS, from receipt of various raw material (such as coal and iron ore) from wagon tippling to crushing. The contract also included installation of a nearly 30-km conveyor.
Source of information