The IB Thermal Power Station with two units of 660 Megawatt capacity each is owned by Odisha Power Generation Corporation Limited (OPGC), a joint venture between the state government and US-based AES.
BHEL had previously set up two units of 210 MW capacity each at IB Thermal Power Station which have been operating for over 20 years.
The company said BHEL supplied sets are contributing 100 per cent of the coal-based power stations installed by OPGC.
"A substantial portion of power generated from the project will be supplied to the Grid Corporation of Odisha (GRIDCO)," BHEL said in a statement.
The key equipment for the project was manufactured by BHEL at its Haridwar, Trichy, Hyderabad, Ranipet, Bhopal and Bengaluru facilities and the construction of the plant was undertaken by the company's Power Sector - Eastern Region division.
BHEL has so far installed more than 1,85,000 MW utility sets in India and abroad.