BHEL signs MoC with Electricité de France S.A.

Bharat Heavy Electricals Limited (BHEL) and Electricité de France S.A., France (EDF), a French state-owned company and largest nuclear operator worldwide, have signed a Memorandum of Cooperation (MoC) to explore the opportunity to maximize the local content of the Jaitapur Nuclear Power Plant Project (6x1650 MWe) to be established by NPCIL in India.

Further, BHEL and EDF will also explore larger collaboration for the European Pressurized Reactors (EPRs) and for the NUWARD SMR (Small Modular Reactor).

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 156.15 as compared to the previous close of Rs. 152.25. The total number of shares traded during the day was 3855384 in over 28805 trades.

The stock hit an intraday high of Rs. 157.70 and intraday low of 151.55. The net turnover during the day was Rs. 600289507.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricals INE257A01026 BHEL MoC ElectricitedeFrance