State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) has announced that the company has bagged a Rs. 866 crore order from Mukesh Ambani-promoted, Reliance Industries Limited (RIL) for setting up a 365 MW gas-based captive power plant in Maharashtra.

The engineering, procurement and construction project involves supply and commissioning of an ‘advanced-class Frame 9FA’ gas turbine. RIL has placed the order for a 345 MW Gas Turbine based Combined Cycle Power Plant (CCPP) to be installed at Nagothane in district Raigad.

The project is being set up to meet the power requirement of Reliance Retail and other RIL ventures and is expandable up to 1,000 MW in future. The project is slated for completion in 26 months.