BHEL receives orders from Adani Power Limited and its subsidiary Mahan Energen Limited

Bharat Heavy Electricals Limited (BHEL) has signed contract agreement with Adani Power Ltd. and its subsidiary (Mahan Energen Ltd.) for setting up 3 nos. Supercritical Thermal Power projects (each of 2x800 MW rating) in Kawai, Rajasthan & Mahan, Madhya Pradesh.

The Contract Agreement signed on 25th August 2024 is for Supply of equipment (Boiler, Turbine, Generator) and Supervision of Erection & Commissioning for Three (3) power projects each of 2x800 MW based on Supercritical Technology at Kawai (Phase-II) Rajasthan & Kawai (Phase-III) Rajasthan of (APL) and at Mahan (Phase-III), Madhya Pradesh of MEL.

The Value of 3 orders aggregating to more than 11,000 Cr. excl. GST.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 296.15 as compared to the previous close of Rs. 299.65. The total number of shares traded during the day was 525512 in over 4383 trades.

The stock hit an intraday high of Rs. 301.20 and intraday low of 295.25. The net turnover during the day was Rs. 157209221.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricals INE257A01026 BHEL ContractAgreement OrderWin AdaniPower MahanEnergen SupercriticalThermalPowerProject