New Delhi, March 4 (IANS): State-run equipment maker Bharat Heavy Electricals Ltd. (BHEL) on Friday announced the commissioning of its first 700 MW supercritical unit at the Bellary Thermal Power Project in Karnataka.

"The new 700 MW rating unit has been developed by BHEL in line with market requirements. With this 700 MW project, a new chapter has been added in the adoption and indigenous development of supercritical technology by BHEL," the company said in a stock exchange filing.

The Bellary project order from state-run Karnataka Power Corp. Ltd. (KPCL) was won by BHEL through international competitive bidding on engineering, procurement and construction (EPC) basis, it said.

This is the third unit commissioned by BHEL at Bellary, where two units of 500 MW each executed by the company are already in operation, it added.

The company said it has supplied and executed 3,210 MW of equipment sets in the state so far, which account for 94 percent of the coal-based installed capacity of KPCL.

BHEL shares closed trade on Friday at Rs.107.25 a share, up 4.15 points, or 4.03 percent, over its previous close on the Bombay Stock Exchange (BSE).