Page 7 - Bhel

BHEL making India self-reliant in energy, infra: Heavy industries minister

State-owned engineering firm BHEL is not only making India self-reliant in energy and infrastructure sectors but also contributing significantly to defence and space segments, said Union Heavy Industries Minister Mahendra Nath Pandey. The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement. Addressing on the occasion he cited the clarion call of Prime Minister Narendra Modi for achieving the target of 'net zero' carbon emissions by 2070 and said that this 18-storey, eco-friendly green building constructed as per the latest technology and standards is a symbol of BHEL's commitment towards environmental protection. The minister noted that the building, equipped with a 30-kW solar power system, reflects BHEL's commitment to move further towards green energy. Recalling BHEL's contribution towards creating an Aatmanirbhar Bharat, since its inception, Pandey added that BHEL is not only striving towards maki

Markets witness stock-specific action, benchmarks ended with wild swings

Railtel, YES Bank, Vodafone Idea, and BHEL rose 2-6 per cent

BHEL surges 6% on buzz of winning Rs 19,422 cr order from NLC India

The stock was seen trading at its highest level since October 2015, backed by strong volumes on the BSE and NSE.

BHEL hits highest level since May 2017; stock zooms 135% in last 8 months

Defence ministry has signed a Rs 2,956 crore contract with BHEL to procure 16 upgraded super rapid gun mount (SRGM) and accessories for Indian Navy.

BHEL felicitates Jindal Stainless for indigenous development of plates

Jindal Stainless on Monday said it has been felicitated by Bharat Heavy Electricals Ltd (BHEL) for indigenously developing plates that were being imported from China, the European Union, and Japan. The company was felicitated at Bharat Mandapam, Pragati Maidan, in the national capital. "The felicitation was received for developing C276 cladded plates, used in thermal power plants, and alloy steel plates SA387 GR 91 (9 Cr 1 Mo), for application in super critical boilers," the company said in a statement. Earlier, C276 cladded plates as well as GR 91 plates were being imported from the European Union, China, and Japan, it added.

Sensex falls 143 pts, Nifty below 19,400; RIL, Infosys weigh, M&M gains 4%

Closing Bell on November 9, 2023: In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent

Stocks to Watch: Vedanta, Adani Ports, Lupin, Tata Power, MCX, BHEL, IFCI

Stocks to watch on Thursday, November 09, 2023: Adani Ports Sri Lankan JV to get $553 mn funding from the US DFC. Patanjali, Phoenix Mills and Brigade Enterprises to react to strong jump in Q2 profit.

BHEL Q2 results: Net loss at Rs 238 cr, income dips to Rs 5,305 cr

State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) reported a consolidated net loss of Rs 238.12 crore for September quarter 2023-24. The company had logged a profit of Rs 12.10 crore in the year-ago period, a BSE filing showed. Total income dipped to Rs 5,305.38 crore in the quarter from Rs 5,418.74 crore in the same period year ago. The company had also reported a consolidated net loss of Rs 343.89 crore in April-June period this fiscal year.

Power Mech Projects bags Rs 355 cr order from BHEL for trial operations

Power Mech Projects on Tuesday said it has bagged a Rs 355 crore order from state-owned Bharat Heavy Electricals Limited (BHEL). The scope of work includes erection, commissioning and trial operation including application of lining/insulation, Power Mech Projects said in a regulatory filing. It also includes handing over of boiler and its auxiliaries, power cycle piping, steam turbine generator of unit I and II at 2X660 MW NTPC, Talcher, Odisha, it said. Based in Hyderabad, Power Mech Projects is one among the leading infrastructure-construction companies with global presence.

Aeroflex Industries in talks to enter aerospace sector, says top official

Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold

BHEL bags order from NHPC for 2,880 MW Dibang multipurpose project

State-owned BHEL on Monday said it has bagged an order from NHPC for its 2,880 MW Dibang multipurpose project in Arunachal Pradesh. The order for the electro-mechanical (E&M) work for the project has been bagged against a stiff competition under international competitive bidding, BHEL said in a statement. It however did not share the order value. BHEL's scope in the contract includes design, engineering, manufacture, supply, erection and commissioning of the E&M package. Major equipment for the project will be manufactured at BHEL's plants in Bhopal, Bengaluru, Jhansi and Rudrapur while the execution activities on-site will be carried out by the company's power sector - eastern region division, Kolkata. BHEL is India's largest manufacturer of power generating equipment with an installed base of over 1,97,000 MW globally.

BHEL stock powers up on improved prospects for growth, new orders

Many analysts though are bearish due to state-owned firm's muted financials and likely low valuation

L&T, MTAR: Chandrayaan-3 component makers reach for the sky at the bourses

India became the first country to land a spacecraft near the moon's south pole with Chandrayaan-3

BHEL, Adani Power: Mid-cap index hits new all-time high, eyes 40,000-mark

The Mid-cap index is displaying robust momentum, with price action headed towards 40,000-level.

BHEL surges 10% on securing Rs 4,000-crore order from Adani Power's arm

Analyst believes pickup in thermal power orders and companies focus on diversification in segments such as railways, defence, nuclear, hydro augurs well for company in long term.

Private manufacturing majors may give super-critical thermal plants a miss

This includes distancing themselves from the new and emerging super-critical technology

Bhel loss widens to Rs 343 cr in June quarter due to higher expenses

State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) on Friday reported the widening of its consolidated net loss to Rs 343.89 crore in the April-June quarter compared to the year-ago period mainly due to higher expenses. The company had reported a consolidated net loss of Rs 187.99 crore in the quarter ended on June 30, 2022, a BSE filing showed. Total expenses of the company rose to Rs 5,595.47 crore in the quarter from Rs 5,006.50 crore in the same period a year ago. Total income of the company rose to Rs 5,117.20 crore in the quarter from Rs 4,742.28 crore in the same period a year ago.

BHEL synchronises Unit-2 of Maitree thermal power project in Bangladesh

State-owned engineering firm Bharat Heavy Electricals on Wednesday announced synchronisation of 660-MW unit-2 of the 1,320-MW Maitree Super Thermal Power Project (STPP) with the electricity grid in Bangladesh. Synchronisation of a thermal power plant means beginning of electricity supply through main grid at prescribed parameters. The synchronisation of the unit has been done ahead of the commitment given at a high level G2G meeting, which was a very tough target even at the time it was given, a company statement said. Bharat Heavy Electricals Ltd (BHEL) has achieved a major milestone with the successful synchronisation of the 660-MW Unit-2 of the 1,320-MW Maitree Super Thermal Power Project (STPP) in Bangladesh, it stated. Maitree STPP is located at Rampal, Mongla, Bagerhat, Bangladesh, and is being set up by BHEL for the Bangladesh-India Friendship Power Company (BIFPCL), a 50:50 joint venture between the Bangladesh Power Development Board (BPDB) and NTPC Ltd. The project is a .

RVNL, TMH group told to resolve issues in Vande Bharat sleeper train deal

The issues between the companies will soon be resolved and contracts for making trains will be signed, a top government official said

Valuations factor in bright prospects for BHEL; order book on positive side

Management guidance was that demand for coal-based thermal power has picked up due to higher demand for power