India-based Bharat Heavy Electricals (BHEL) has revealed that the company has been awarded Rs 6,410 million contract by Satluj Jal Vidyut Nigam (SJVNL) for building a 412 megawatt hydro-electric project (HEP) in the northern state of Himachal Pradesh.

According to the sources, the proposed project is located at Rampur on the downstream of the 6x250 MW Nathpa Jhakri HEP and will use de-silted water discharged by that project.

Under the proposed order, BHEL will execute design, manufacture, supply, installation and commissioning of complete electromechanical works for the project.

The source further revealed that the equipment for the proposed plant will be supplied by the company's units at Bhopal and Bangalore and the project is slated for commissioning in a 42 months.

According to the reports, BHEL has so far designed, manufactured, supplied and commissioned 365 hydro generating sets totalling to more than 16,996 MW in the country.

Stock of Bharat Heavy Electricals ended the day at Rs 1,138, down 0.34 percent on National Stock Exchange (NSE).