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Heavy Electrical Equipment
Joint Venture15 Nov 2025, 04:11 pm

Bharat Heavy Electricals Ltd. Novates HVDC Bhadla Fatehpour Contract Obligations to AESL Projects Limited

AI Summary

Bharat Heavy Electricals Ltd. (BHEL) and Hitachi Energy India Limited (INHE), as a consortium, have executed a Novation Agreement dated 14th November, 2025, with Rajasthan Part | Power Transmission Limited (RPPTL) and AESL Projects Limited (APL). Through this agreement, APL has assumed all rights and obligations of RPPTL under the contracts pertaining to the High Voltage Direct Current (HVDC) link project in Bhadla, Rajasthan, and Fatehpur, Uttar Pradesh. This novation ensures that all past, ongoing, and future rights, liabilities, obligations, and duties pertaining to the project, originally held by RPPTL, are now legally assumed by APL. All other terms and conditions of the project, including the scope of work, project schedule, and commercial terms, remain unchanged for the consortium.

Key Highlights

  • Bharat Heavy Electricals Ltd. and Hitachi Energy India Limited form a consortium for the HVDC link project
  • RPPTL proposed to transfer its obligations under the contracts to AESL Projects Limited
  • A Novation Agreement was executed between the consortium, RPPTL, and APL
  • APL has assumed all rights and obligations of RPPTL under the contracts pertaining to the project
  • All other terms and conditions of the project remain unchanged for the consortium
BHEL
Heavy Electrical Equipment
BHARAT HEAVY ELECTRICALS LTD.

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