Page 9 - Bhel

CIL to ink pacts with BHEL, IOCL, GAIL for 4 coal gasification projects

State-owned CIL will sign agreements with three public sector enterprises -- Bharat Heavy Electricals Ltd (BHEL), Indian Oil Corporation Ltd (IOCL) and GAIL (India)-- in order to set up four surface gasification projects. Through gasification process, coal is converted into syngas -- a fuel gas -- which can be used in downstream production of value added chemicals. The government aims to achieve 100 million tonnes of coal gasification in the next eight years in order to reduce the import of crude oil which is otherwise used to produce syngas. "Coal India Limited (CIL), under the aegis of Ministry of Coal, will be inking three major Memorandum of Undertaking (MoU) on September 27," the coal ministry said in a statement. The proposed projects would reduce forex outgo and create around 23,000 jobs, it said. The government had earlier said that the target to gasify 100 million tonnes of coal by 2030 will entail an investment of over Rs 4 lakh crore. This 100 MT coal gasification will

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts

Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows

BHEL Q1 net loss narrows to Rs 188 cr; total income rises 60%

State-owned Bharat Heavy Electricals Limited (BHEL) on Thursday reported narrowing of its consolidated net loss to Rs 187.99 crore for the quarter ended June 30, 2022. The consolidated net loss of the company stood at Rs 448.20 crore in the year-ago period, according to a regulatory filing. Its total income from operations was at Rs 4,742.28 crore in the first quarter of the current fiscal, compared to Rs 2,966.77 crore in Q1 FY22. Expenses were at Rs 5,006.50 crore as against Rs 3,572.12 crore earlier.

5 PSUs to set up manufacturing units to increase coal gasification capacity

Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

India's largest floating solar power project now operational in Telangana

Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction contract

BHEL commissions 100-MW floating solar photovoltaic plant in Telangana

The plant is installed across the natural raw water reservoir, saving valuable land resources, and also conserves water by reducing evaporation, a company statement said

V Krishnamurthy: The guardian of PSUs leaves behind an unmatched legacy

None of V Krishnamurthy's assignments were easy ones. He had to battle scepticism as well

Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers

Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.

BHEL returns to black, posts Rs 912-cr net profit in Q4, declares dividend

Total income during January-March 2022, rose to Rs 8,181.72 crore, from Rs 7,245.16 crore in the year-ago period

BHEL-GE Power Conversion deal to make propulsion systems for Navy

The Indian Navy is considering building a second indigenous aircraft carrier to add to the combat capability

BHEL to supply 6 electric locomotives to NTPC for material handling ops

The locomotives will be manufactured at the company's facility in Jhansi, Uttar Pradesh

BHEL dispatches nuclear steam generator to NPCIL for Rajasthan project

State-owned BHEL has dispatched its 42nd nuclear steam generator to NPCIL for installation at a 700 MWe unit in Rajasthan Atomic Power Project

BHEL posts consolidated net profit of Rs 27 crore for December quarter

State-owned engineering firm BHEL posted a consolidated net profit of Rs 27.02 crore for December quarter 2021-22, mainly on the back of higher revenues.

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each

Govt inaugurates India's first coal to methanol plant built by BHEL

Union Minister for Heavy Industries Mahendra Nath Pandey on Saturday dedicated India's first BHEL-built 'coal to methanol' pilot plant to the nation here

Signs of capital goods sector returning to normalcy despite negative CAGR

The strong stock price momentum is now backed by improving fundamentals

Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco

Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders

Sensex dips 80pts, Nifty holds 18K; Nykaa ends 96% higher over issue price

Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

BHEL demonstrates tech to create methanol from high ash coal

State-run engineering firm BHEL has successfully demonstrated a facility to create methanol from high ash Indian coal, an official statement said on Thursday.