Bharat Heavy Electricals Limited (BHEL) has withdrawn its acceptance of a Letter of Intent (LOI) from MB Power (Madhya Pradesh) Limited. The contract for supplying power equipment was terminated as both parties could not finalize terms within agreed timelines. This reversal impacts a previously announced order.
BHEL has withdrawn its acceptance of a Letter of Intent from MB Power (Madhya Pradesh) Limited for the 1x800 MW Anuppur Thermal Power Project. The withdrawal follows the failure to execute a formal contract despite multiple discussions and extensions. This termination concludes BHEL's involvement in the equipment supply for this specific project.