BGR bags contract for super critical boilers from Meja Urja Nigam

NEW DELHI, May 2: BGR Energy Systems Ltd today said it has bagged a contract from Meja Urja Nigam Pvt Ltd, a joint venture firm of state-owned NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL), to supply super critical boilers.The company has received �Letter of Award� for supply of 2X660 mw boilers, to be set up at Meja in the state of Uttar Pradesh, it said in a regulatory filing.�The order is valued at Euro 109.79 mln plus Rupee component of Rs 1,121 crore (appx 1,855 crore),� it said, adding that the contract provides for price variation with protection from foreign exchange variation risk.The execution period of the contract is 48 months.� (UNI)