Bhel Bags Rs 2108 Crore Order

BHELBharat Heavy Electricals Linited (BHEL) has announced that it has received an order of Rs. 2108 crore for steam generators and steam turbines for the upcoming Maithon Right Bank Thermal Power Project in Jharkhand.

This is the first ever order secured by BHEL for the new rating units of 525 MW each. The company’s scope of work includes design, manufacturing and commissioning of steam, turbine generators.

The company stated "BHEL has fully established technology for manufacture of thermal sets up to 525 MW rating and has the capability to manufacture sets up to 1,000 MW rating, suited to Indian conditions, using Indian as well as imported coal.”

“BHEL is increasing its capacity to 15,000 MW a year from 6,000 MW over the next three years”, company added.

The Maithon Power Ltd is a joint venture of Tata Power and Damodar Valley Corporation.

Yesterday, the stock closed at Rs. 2493.05 on NSE, up 0.47 %, as against its last closure of Rs. 2481.50. It touches intraday high of Rs. 2566.00 and low of Rs. 2385.00.