Page 15 - Bhel

BHEL bags Rs 3,500 crore order for setting up West Bengal thermal unit

The BHEL has so far contributed over 80 per cent of the total coal-based generating capacity of WBPDCL

BHEL commissions 120 MW Pulichintala hydro power plant in Telangana

State-owned engineering giant BHEL said Monday that with the completion of fourth and final 30 MW unit, it has completely commissioned 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana. The other three units of the 4x30 MW Pulichintala HEP, commissioned earlier by the BHEL have been operating successfully, BHEL said in a statement. According to the statement, located in Suryapet district of Telangana, the greenfield project was set up for Telangana State Power Generation Corporation Ltd (TSGENCO) on river Krishna. Power generation from Pulichintala HEP will contribute significantly in reduction of greenhouse gas emissions towards achieving a low carbon development path for the nation. BHEL was entrusted with execution of the Electro-Mechanical (E&M) package for the project comprising supply and supervision of erection & commissioning of 4 sets of Vertical Kaplan Turbines and Generators of 30 MW capacity each along with the associated auxiliary equipment. The ...

BHEL announces Rs 16.28 bn buyback; should you tender your shares?

The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange (BSE).

Bhel Q1 net up 93% to Rs 1.55 bn, chairman stresses prudent strategies

The next wave of growth is being engineered with a focus on enhancing the order book

BHEL inks pact with Korean firm NANO for emission controlling equipment

The pact will enable BHEL to enhance its offerings for emission control systems

BHEL bags orders worth Rs 10 bn from Telangana State Power Generation Corp

BHEL is executing these projects on Engineering, Procurement and Construction (EPC) basis

BHEL surges 9% as Q4 profit rises more than double

The stock rallied 9% to Rs 86.45 on the BSE in noon deal after the company reported net profit of Rs 4.57 billion in Q4FY18 against Rs 2.16 billion in previous year quarter.

BHEL bags Rs 117-bn thermal power plant contract in Jharkhand's Ramgarh

Shares of BHEL were trading 1.34% higher at Rs 87.15 on the BSE

BHEL pays 40% interim dividend amounting to nearly Rs 3 billion

State-run power equipment-maker BHEL today said that it has paid 40 per cent interim dividend on enhanced equity, capital post-bonus, for the financial year 2017-18. "In value terms, the dividend paid amounts to Rs 293.71 crore. With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly for over four decades," BHEL said in a statement. A cheque of Rs 185.21 crore towards the interim dividend for the year 2017-18 on the equity (63.06 per cent) held by the Government of India, was presented here to Anant G Geete, Minister of Heavy Industries & Public Enterprises and Babul Supriyo, Minister of State for Heavy Industries & Public Enterprises, by Atul Sobti, Chairman and Managing Director, BHEL. Directors on the board of BHEL and senior ministry officials were also present on this occasion. Accelerating its growth momentum, BHEL has reported a surge in profitability up to the third quarter of 2017-18. Prudent ...

BHEL gets Rs 10.34-bn order from HPCL for its Visakhapatnam refinery

BHEL said this captive power plant is being set up to meet the power and steam required by HPCL

BHEL trips on higher incidental costs

Other expenses, mainly provision for wage hike and project-costs, doubled in Q2

BHEL gets shareholders' nod for bonus share, 79% dividend

To issue 1 new equity bonus share for every 2 existing shares

High-speed train orders: Too little, too far for BHEL

As the euphoria over high-speed train orders settled, the BHEL stock, too, on Friday gave up all the gains it clocked a day earlier. And there are reasons for this. If analysts are to be believed, there is not much change expected in BHEL's prospects in the near-term, and secondly, the high-speed train orders may not be enough to move the needle.The stock had gained 3.8 per cent to Rs 137.40 on Thursday, compared to Wednesday's closing price of Rs 132.55. On Friday, it fell 3.9 per cent to close at Rs 132. The street optimism had increased on Thursday, as rolling stock for the Mumbai-Ahmedabad bullet train project will be sourced from a joint venture between BHEL and Kawasaki of Japan. This opportunity, however, may not be big enough to substantially improve BHEL's near-term prospects. For one, the project is estimated to be completed by 2023. Analysts at Nomura believe the 2023 timeline will be extremely difficult to meet given the complexities involved in constructing the ...

BHEL pins hope on bullet train to get back on track

According to its annual report, the company got only orders worth Rs 23,489 crore in 2016-17

BHEL may make rolling stock for bullet train; stock surges 4%

The stock rallied 10% to Rs 146 ob BSE in intra-day trade on hopes that the company will make rolling stock for bullet train.

BHEL Q1 net up 4% at Rs 81 cr; board gives nod for bonus issue

Overall income rose to Rs 6,194.21 crore for the quarter ended June

BHEL's recovery may be steady but slow

Operations have become profitable in FY17 after three years of losses

BHEL bags Rs 233 crore order for steam and power generation from RFCL

Equipment will be supplied by BHEL's manufacturing units

Norway wealth fund drops Bhel over environment concerns

The ethics watchdog had recommended the fund exclude the companies

Norway wealth fund excludes Bhel due to environment rules

The fund is not allowed to invest in companies that breach certain ethical guidelines