Power plant equipment maker BGR Energy Systems (BGR) Ltd has confirmed that it has bagged a Rs 1,548-crore order from state-run power giant NTPC.

The order was awarded for the supply of steam turbine and generators for the proposed 2 X 800 MW super thermal power project at Lara in Chattisgarh.

BG Raghupathy, CMD of BGR Energy Systems, the company bagged the order after beating bids from rivals like BHEL, L&T and Toshiba.

Raghupathy revealed in a statement, "The Lara bid was opening on September 15, 2011. BGR emerged as the lowest bidder competing against BHEL, L&T and Toshiba. The work on the project should be completed in 44 and 48 months time."

The CMD added that the issue of notification of award was delayed because of delays in environmental and land acquisition clearances.

BGR has also emerged as the lowest bidder for NTPC's Darlipali project in the state of Orissa. The value of this contract is close to Rs 1500 crore.

In addition, BGR has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to set up a power plant equipment manufacturing facility at Madurantakam, near Chennai. The Rs 3000cr-factory will be a joint venture between BGR and Japan's Hitachi. It will produce turbines and boilers.