State-owned BHEL on Wednesday said it has secured an order in the range of Rs 1,200-1,500 crore from Hindalco Industries. BHEL said a letter of intent (LOI) in this regard has been received from Aditya Aluminium, Hindalco Industries. The scope of work includes design, engineering, manufacture, supply up to site, unloading & storage, erection, commissioning and performance guarantee test for 2 x 150 megawatt BTG (boiler, turbine, and generator) package excluding civil work. The project is to be executed at Lapanga, Sambalpur in Odisha in a span of about 3 years, BHEL said in a regulatory filing. Under Ministry of Heavy Industries, BHEL is one of India's largest engineering and manufacturing enterprises in the energy and infrastructure sectors, and a leading power equipment manufacturer globally. The company provides a comprehensive portfolio of products, systems and services to players in power, transmission, transportation, renewables, water, defence & aerospace, oil & ...
The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse
Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.
JM Financial said BHEL's margin improvement is likely in the coming quarters as the execution mix begins to skew towards newer projects
A healthy order pipeline due to limited competition in the power equipment industry has helped BHEL mitigate weak power demand in India during the quarter
Stocks to watch on Monday, January 19: At around 7:10 AM, GIFT Nifty futures were down 180 points at 25,571.50, signaling a gap-down start for the bourses.
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Thursday said that it has started the supply of semi-high-speed underslung traction transformers for the Vande Bharat sleeper train project from its Jhansi plant. BHEL, in a statement, said the supply of underslung traction transformers for the prestigious Vande Bharat Sleeper Train project is a significant milestone in its 'Make in India' initiatives. Vande Bharat Sleeper Train project is being executed by a BHEL-led consortium with TRSL. A flag-off ceremony was held at BHEL's Jhansi plant. Earlier, traction converters for the same project were flagged off from BHEL's Bengaluru plant. This development further strengthens BHEL's strategic entry into the semi-high-speed propulsion segment, with an operational speed of up to 160 kmph and a design speed of 180 kmph. Traction transformers are being dispatched to Kolkata for final assembly of the Vande Bharat sleeper trains. In addition, another key propulsion system
In the past one week, the stock price of BHEL, Hitachi Energy India, Siemens Energy India and Cummins India have declined between 7 per cent and 12 per cent.
Power equipment stocks plunged for a second day amid reports the government may ease curbs on Chinese firms bidding for contracts. Hitachi Energy, GE Vernova, CG Power fall
BHEL Share Price: The average trading volumes at the BHEL counter more-than-doubled with a combined 36.99 million equity shares changing hands on the NSE and BSE till 10:31 AM.
State-owned BHEL on Thursday said it has secured an order from Bharat Coal Gasification and Chemicals Limited for coal gasification and raw syngas cleaning facilities for coal-to-ammonium nitrate project at Jharsuguda, Odisha. Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL). The order covers engineering, procurement, construction, commissioning and performance guarantee of the coal gasification and raw syngas cleaning facilities, which form the core process units of the integrated chemical complex. The scope of work includes the gasifier and associated auxiliaries, steam generation plant, air separation unit, coal and ash handling systems, and cooling tower facilities. The project will deploy BHEL's in-house developed Pressurised Fluidised Bed Gasification (PFBG) technology and marks its first commercial-scale application.
Policy overhang limits near-term stock performance
BHEL stock is well placed to gain from the need for building base load thermal coupled with strong revenue visibility in the medium term, believe analysts.
At 01:37 PM; the BSE CPSE index was up 1.83 per cent, as compared to 0.58 per cent rise in the BSE Sensex on Friday.
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday said it has paid a final dividend of Rs 109.98 crore for 2024-25 to the Government of India. A cheque towards the final dividend on the equity (63.17 per cent) held by the Government of India, was presented to H D Kumaraswamy, Union Minister of Heavy Industries and Steel by K Sadashiv Murthy, Chairman and Managing Director, BHEL, in the presence of Kamran Rizvi, Secretary (HI), a company statement said. Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion. The total dividend paid to the company's shareholders for 2024-25 amounts to Rs 174.10 crore.
BHEL stock outlook: Rising domestic consumption, along with the government's push for manufacturing and infrastructure development is expected to drive the energy demand in the near future.
Order inflows have seen a sharp turnaround. From an average of about ₹21,000 crore between FY19 and FY23, BHEL's order inflow jumped to ₹80,000 crore in FY24
BHEL stock was trading at its highest level since September 2024 and has rallied 26 per cent in the past 12 trading days.
BHEL bags ₹6,650 crore EPC contract from NTPC; brokerages maintain 'Buy' rating on BHEL in anticipation of future order flows, expect stock to rally past ₹300-mark.
BHEL had informally reached out to about 20 foreign mining and refining firms to check if they would be able to supply rare-earth oxides to the winning bidders of the scheme, according to a government