Tiruchirapalli: Public sector BHEL (Bharat Heavy Electricals Limited), on July 14 said it has penetrated the Taiwanese market by bagging a Rs 41 crore order for setting up a 62.5 MW hydro turbine generator at Bihai Hydro Electric Power Plant of Taiwan Power company (TPC).

A BHEL release said in Tiruchirapalli that execution of the project would be accomplished by its Bhopal unit.

The order assumes significance as it was for the first time that TPC was sourcing power plant equipment from an Indian company, the release claimed.

BHEL has already set its footprints in New Zealand, Thailand, Malaysia, Azerbaijan, Nepal and Bhutan.

The release said with a thrust on overseas business, BHEL bagged the highest ever export orders worth Rs 1460 crore in 2002-03 fiscal, a quantum jump of nearly 32 per cent over the previous year. In the last four years BHEL had bagged a cumulative export order of Rs 3675 crore.

PTI