The joint venture company of state-run Bharat Heavy Electricals (BHEL) and Nuclear Power Corporation of India (NPCIL) will finalise its technology partner in the next four months.

BHEL is in talks with Czech utility Skoda Power, French major Alstom and two other firms for providing technological support to its JV company with NPCIL.

''The technology partner for our JV with NPCIL would be finalised in four month`s time,'' K Ravi Kumar, chairman and managing director of BHEL, said.

BHEL is currently manufacturing equipments which have a capacity to produce 8x700 MW power for the JVC at its Bhopal unit.

The company is also looking at another coastal site for manufacturing equipment with over 700 MW capacities.

BHEL, meanwhile, secured a contract for setting up a 500 MW thermal power plant (2x250 MW) in Madhya Pradesh.

Bina Power Supply Company Limited (BPSCL), a wholly owned subsidiary of Jaiprakash Power Ventures Limited, has placed an order valued at Rs1,175 crore with the company.

BHEL will install two units of 250 MW each as the first phase of BPSCL's 5x250 MW Bina Thermal Power Project. Slated for synchronisation during the 11th Plan, these units will add 12 million units every day to the grid on commissioning.

BHEL's scope of work in the contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of boilers, steam turbines, turbo generators and associated auxiliaries along with state-of-the-art controls and instrumentation system, including generator and station transformers.

BHEL has enhanced its manufacturing capacity to 10,000 MW per annum which is being further enhanced to 15,000 MW per annum in the next two years at a total investment of Rs4,200 crore. It is also building up manpower commensurate with its capacity goals.