Bharat Heavy Electricals Ltd
BHEL | 500103
₹405.2
-2.95 (-0.72%)
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Overview
Bharat Heavy Electricals Limited (BHEL) is an integrated power plant equipment manufacturer and is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing products and services for core sectors of the economy, viz. Power, Oil &Gas, Transmission, Transportation, Renewable Energy, Water and Defence & Aerospace. Bharat Heavy Electricals Limited was incorporated in 1964 as a Public Sector Undertaking (PSU), with Government of India, currently holding a 58.17% equity stake. The Company has 16 manufacturing plants spread across India, producing capital goods in domestic as well as international. During the year 2005-06, the company got FICCI Award for environmental conservation and pollution control, ICWAI National Award for Excellence in Cost Management-2005. During the year 2006-07, the company was conferred again the same ICWAI National Award for Excellence in Cost Management-2006. The company was qualified for the Business Standard Star Public Sector Company Award-2006 and also the CII Exim Award. The company is the first public sector company to receive the CII Exim award. In April 2007, the company opened a new line of business in the form of Gas Insulated Substations (GIS). The corporate R&D department of the company successfully developed an indigenous GIS. They also bagged the first letter of intent from the Andhra Pradesh Transmission Corporation (APTransco), for installing the first unit in the state. In May 2007, the company signed a MoU with Toshiba of Japan for know-how in higher horsepower locomotives. In August 2007, Uttar Pradesh government and BHEL came to an agreement for setting a 1,600 Mw thermal power project at Obra. The project has divided into two units of 800 Mw each. The cost of the project is estimated to be Rs 6,400 crore or Rs 4 crore per Mw. The deal covered 50 per cent equity participation by the BHEL and the rest by UP state government. DVC awarded turnkey contracts for setting up Koderma and Durgapur Steel thermal power stations of 1000 MW each to BHEL worth of Rs 6,500 crore. In September 10, 2007, NTPC Ltd and the company signed an MoU to form a joint venture company to carry out engineering, procurement and construction (EPC) activities in the power sector on 'mutually beneficial terms'. In December 2007, the company completed Phase I of its latest modernization drive with an investment of Rs 190 crore, to take their manufacturing capacity to 10,000 MW from 6,000 MW a year. In April 28, 2008, the company and NTPC Ltd incorporated a joint venture company, namely NTPC - BHEL Power Projects Pvt Ltd (NBPPPL) for carrying out EPC activities in the power sector. In September 1, 2007, the company and PTC incorporated a joint venture company, namely Barak Power Pvt. Ltd. In December 26, 2008, the company in association with TNEP incorporated a joint venture company name Udangudi Power Corporation Ltd to build, own and operate a 1600 MW (2x800 MW) Super Critical Thermal Power Plant at Udangudi. In April 15, 2009, the company promoted a joint venture company, namely Raichur Power Corporation Ltd with Karnataka Power Corporation Limited (KPCL) for setting up Supercritical Thermal Power Plant at Karnataka on build, own and operate basis. In February 25, 2010, the company promoted a joint venture company namely Dada Dhuniwale Khandwa Power Ltd, with Madhya Pradesh Power Generating Company Ltd (MPPGCL) for setting up of a 2x800MW Supercritical Thermal Power Plant at Khandwa, Madhya Pradesh on build, own and operate basis. In July 2010, GE signed a 10-year licensing agreement with the company. According to the agreement signed through GE Oil & Gas Italian entity Nuovo Pignone, GE's advanced range of high performance, high efficiency centrifugal compressors will be manufactured under license at BHELs production site in Hyderabad, India, for sale in India and in other South Asian territories. In September 8, 2010, the company signed a joint venture agreement with Government of Kerala for forming a joint venture company to acquire the Kasargod Unit of KEL which manufactures alternators for Railway Applications and other industrial Applications. In January 19, 2011, the company incorporated, BHEL Electrical Machines Ltd, with the company holding the majority stake of 51% and Government of Kerala retaining 49%. In 2011, the company bagged Rs.37,829 Million Mega Contract for installing 2x660 MW Supercritical Thermal Sets from Dainik Bhaskar Power Limited. The company also bagged major contract for 1,200 MW Thermal Power Plant. Singareni Collieries also placed Rs.40,710 Million Mega Contract for setting up thermal power plant in Andhra Pradesh In 2012, the company developed India's first Ultra High Voltage AC 1200 kV Transformer successfully commissioned. The company signs Rs.6,300 Million Contract with Abhijeet Projects Limited for setting up a 300 MW Thermal Power Plant in Visakhapatnam. The company bags contract for installing 160 MW Combined Cycle Power Plant at Ramgarh in Rajasthan. The company wins major contract for 500 MW thermal power plant; NTPC reposes confidence, places Rs.1,143 Crore order for setting up thermal unit at Vindhyachal. The company receives Rs.9,500 Million Mega Contract for 1,020 MW Hydroelectric Project in Bhutan. The company Signs MoU with Govt. of Tajikistan for setting up a 100 MW Hydro-Electric Power Project in the Republic of Tajikistan. In 2013, the company wins Rs.2650 Million contract from BPCL for Kochi Refinery project. The company wins ICAI National Award for Excellence in Cost Management for the eighth consecutive year. BHPV Merges with the company and becomes Seventeenth Unit of the company. The company wins Rs.25,690 Million Steam Generator Package Contract for 2x500 MW Lignite-fired Power Project. The company bags main plant package contract for 500 MW thermal power plant. The company is conferred BGR-ENERTIA Commemoration Award for Technology Enterprise Innovation - Conventional Energy. The company's first Supercritical Thermal Unit at Barh adds 660 MW to India's Power Generating Capacity. The company bags PSE Excellence Award 2013 for RnD, Technology Development and Innovation. The company also wins India Pride Award 2013 for Excellence in Heavy Industries. BHEL wins Rs.10,230 Million Turbine Generator Package Order In 2014, the company won order for 206 MW Hydro Electric Project in Punjab. The company also won highest ever Mega EPC Contract for 3x660 MW Supercritical Power Project. The company bags Rs.30,000 Million mega contract for 2x800 MW Supercritical Boilers against stiff International Competition. The company wins order for 120 MW Hydro Electric Project in Uttarakhand. The company wins DSIJ Award 2013 for the Most Efficient Maharatna PSU. The company bags National Intellectual Property Award 2014. The company signs MoU for setting up Renewable Energy Projects in Yemen. The company bags World Intellectual Property Organisation (WIPO) Award for Innovative Enterprises. The company achieves milestone in the Middle East market with the commissioning of another Gas Turbine-based Power Plant in Oman. The company commissions 600 MW Thermal Unit in Odisha. The company and BGGTS achieve major milestone, Successfully overhaul 104 MW Gas Turbine Generator Unit 1 at Pragati Power Project in record time. Rajasthan gets new Power Generating unit with the commissioning of 250 MW Coal-based thermal power plant by BHEL at Chhabra. The company achieves another Milestone with the successful Renovation, Modernisation and Uprating of 110 MW Unit, Working Life Extended by 15-20 Years. The company bags India Today Best Maharatna PSU Awards for Global Presence & Innovation & R&D. The company achieves major breakthrough, Wins country's first ever EPC contract for 800 MW rating Supercritical Power Project. The company also bags EPC contract for 2x660 MW rating Supercritical Power Project. The company wins order for 444 MW Hydro Electric Project. In Uttarakhand, the company wins contract for supply and installation of ESP package for 2x800MW Darlipali Supercritical Thermal Power Project. The company achieves another Milestone with Successful Renovation and Modernisation (R and M) of 110 MW Unit at Muzaffarpur Thermal Power Station; Working Life Extended by 15-20 Years. The company wins ICAI National Award for Excellence in Cost Management for the ninth consecutive year. The company bags PSE Excellence Award 2014 for R and D and Technology Development In 2015, the company, has commissioned its fourth 270 MW coal based thermal power plant at RattanIndia Power Limited, Nandgaonpeth in Amravati, Maharashtra. The company bags contract for 1,080 MW Manuguru Thermal Power Project from TSGENCO. The company has secured an order worth Rs 5,000 crore for setting up a 4x270 MW thermal power plant in the state of Telangana. President of Rwanda inaugurates Hydro Electric Plant set up by the company in Rwanda. The company has successfully constructed and commissioned the 28 MW Nyaborongo-1 hydro electric power plant in the African Region. The company Wins worth Rs.225 crors Order for 120 MW Hydro Electric Project in West Bengal. The company Commissions 660 MW Supercritical Thermal Unit in Bihar. The company commissions another 270 MW Thermal Unit in Maharashtra. The company has won worth Rs 3,810 crore order for setting up the 1x800 MW Supercritical Thermal power plant in Telangana. The company wins Power Cycle Piping package contract for revival of NTPC'S 3x660 MW Barh Super Thermal Power Proiect, Stage-I. The company bags Rs. 1,202 Crore Order for 370 MW Gas-based Combined Cycle Power Project. The company secures its single largest order worth Rs 17,950 cr. The company has inked a Memorandum of Understanding (MoU) with INTMA with an to set up a gas-based power project in Kazakhstan. The company also signs three strategic MoUs in Kazakhstan. On 4 March 2016, BHEL announced that it has achieved a significant milestone by successfully commissioning its first 700 MW supercritical thermal unit at Bellary Thermal Power Project in Karnataka. On 7 April 2016, BHEL announced that the company recorded the highest ever commissioning of projects of 15,059 MW in a single year in the fiscal 2015-16. On 25 May 2016, BHEL announced that it has successfully commissioned the first 800 MW Supercritical thermal unit in Karnataka, which is also the highest rating unit in the state. On 3 October 2016, BHEL announced that it has achieved another milestone in its services business by securing two Renovation & Modernization (R&M) contracts of Hydro Electric Plants (HEPs). Against stiff international competition, the company won prestigious orders worth around Rs 430 crore, for the R&M of the 6x60 MW Balimela HEP of Odisha Hydro Power Corporation Limited (OHPC) and the 3x60 MW Bairasiul HEP of National Hydro Power Corporation Limited (NHPC). On 15 November 2016, BHEL announced that it has achieved yet another milestone in expanding and consolidating its footprint in the international market by securing export orders for supply of industrial motors to Togo and Benin. Scancem International DA, Norway (Heidelberg Cement group) has placed the order for the motors for their cement plants, Ciments Du Togo S.A. & Cimbenin S.A, Benin. On 20 January 2017, BHEL inaugurated state-of-the-art 200 MW Solar Photovoltaic Module Manufacturing Line and upgraded 105 MW Solar Photovoltaic Cell Manufacturing Line at its Bengaluru based manufacturing plants. With the commencement of commercial operation of these lines, the annual manufacturing capacity of BHEL has been enhanced to 105 MW of Solar Cells and 226 MW of Solar Modules. On 24 January 2017, BHEL announced that the company in partnership with ABB, has secured a landmark order from Power Grid Corporation of India. BHEL's scope of work, is valued at Rs 1360 crore. On 7 March 2017, BHEL signed a Memorandum of Understanding (MoU) with National Environmental Engineering Research Institute (NEERI) for joint working on projects related to water and waste water treatment in the municipal segment. On 15 March 2017, BHEL announced that it has commenced commercial operation of its first 800 MW unit - highest-rating coal-based supercritical thermal power plant. The milestone was achieved for the first unit of the 2x800 MW Yeramarus thermal power station of Raichur Power Corporation Limited (RPCL), in Raichur district of Karnataka. Significantly, the commercial operation of this unit marks BHEL's foray as a developer into the field of power generation. Karnataka Power Corporation Ltd. (KPCL) and BHEL are the main equity partners of RPCL, the owner and operator of this power plant. On 5 April 2017, BHEL announced that it has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government's capacity addition target by 9%. Notably, BHEL's capacity addition during the 12th five year plan was 78% higher than that in the 11th plan. On 25 April 2017, BHEL announced that its largest ever export order valued at Rs 10000 crore for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh, has taken-off, following the issuance of the Notice To Proceed by the developer. The order has been secured from Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 JV company of NTPC, India and BPDB, Bangladesh. On 29 June 2017, BHEL announced that it has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries, Ltd. (KHI), Japan for the manufacture of stainless steel coaches and bogies for metros. The agreement covers establishing state-of-the-art design, engineering and manufacturing facilities at BHEL, India using Japanese technology. Significantly, it will also entitle BHEL for all technology advances and upgrades as well. On 8 August 2017, BHEL announced its maiden order win in Chile and Estonia. With maiden orders for transformer bushing from Niquel Electric Ltda., Chile and Electronic cards from SCANFIL OY Vana Sauga, Estonia, BHEL has now expanded its global footprint to 82 countries across all the six inhabited continents. The Board of Directors of BHEL at its meeting held on 10 August 2017 recommended issue of bonus shares in the ratio of 1 bonus equity share for every 2 existing equity shares held on record date. On 23 October 2017, BHEL announced that it has commenced the execution of the 4,000 MW Yadadri Supercritical Thermal Power Project (TPP). Significantly, the order valued at approximately Rs 20400 crore comprising five units of 800 MW supercritical sets, is not only the single-largest order for BHEL but also the highest value order ever placed in the power sector in India. The Yadadri project will be executed on fast track basis by BHEL in line with the company's strategy of focusing on revival of held up projects and their speedy execution. The Yadadri project will lead to a quantum jump in BHEL's executable outstanding order book and will help the company to enhance its growth momentum. On 12 December 2017, BHEL achieved yet another milestone in the South East Asian region with the successful commissioning of a 54 MW coal-fired captive power project in Indonesia. On 9 March 2018, BHEL announced that it has won a Rs 11700 crore order for setting up a 3x800 MW supercritical thermal power plant in Jharkhand. The order has been placed on BHEL by Patratu Vidyut Utpadan Nigam Limited (PVUNL) - a subsidiary of NTPC Ltd. in Joint Venture with Jharkhand Bijli Vitran Nigam Limited. Significantly, this is the single largest order ever placed by NTPC or its subsidiaries and the second largest order ever won by BHEL. On 21 March 2018, BHEL announced that it has entered into a Technology Collaboration Agreement (TCA) with HLB Power, Republic of Korea for in-house design and manufacture of Large size Gates and Dampers for use in coal fired power plants, to be commissioned or retrofitted with high capacity emission control equipment. BHEL has been supplying conventional Gates and Dampers manufactured at its Boiler Auxiliaries Plant, Ranipet for over three decades. This TCA will help in establishing the capability for in-house design, manufacture and testing of very large size Gates and Dampers. On 23 March 2018, BHEL announced that it has entered into a Technology Transfer Agreement with Indian Space Research Organisation (ISRO) for the manufacture of space-grade Lithium-ion cells of various capacities utilising the technology developed by ISRO at its Vikram Sarabhai Space Centre (VSSC). This transfer of technology will enable BHEL to manufacture Lithium-ion cells in-house for ISRO and other suitable applications. The Lithium-ion technology can also be further extended for use in the emerging areas of energy storage and e-mobility. BHEL will set up a state-of-the-art facility for manufacturing these cells at its Bengaluru unit. On 26 March 2018, BHEL announced that it has won an order for setting up a 75 MW Solar Photovoltaic (SPV) Power Plant on Engineering, Procurement and Construction (EPC) basis, in Gujarat. Significantly, this will be BHEL's largest Solar PV project till date. On 28 March 2018, BHEL announced its foray into lake purification under Smart City segment by bagging a prestigious order for purification of Telibandha Lake, from Raipur Smart City Limited (RSCL), including Operation & Maintenance for five years thereafter. This is the first ever order of its kind from the Smart Cities segment using Phytorid Technology developed by the National Environmental Engineering Research Institute (NEERI) under the Council of Scientific & Industrial Research (CSIR), which is an environment friendly technology. During the FY 2017-18, 4,149 MW of power generating capacity was commissioned / synchronised during the year. In addition, 170 MW of solar PV plants were also commissioned. With this, the worldwide installed base of power generating equipment supplied by BHEL has exceeded 183 GW. BHEL has commissioned/synchronised 4,319 MW of power generating sets in FY 2017-18. During the year 2018-19, BHEL commissioned an 800 MW supercritical unit at 1x800 MW TSGENCO / Kothagudem TPS on EPC basis; 3x110 MW Kishanganga hydroelectric project (HEP) was commissioned from m Srinagar, J&K in March, 2018; R&M works at Koradi Unit-6 were completed and the unit was upgraded from 210 MW to 228 MW. It commissioned 4x250 MW BRBCL Nabinagar Thermal Power Plant in Bihar; Bay hall of 4X30 MW Pulichintala hydroelectric project in Telangana; Turbine Hall of BHEL commissioned 5x30 MW Kalwakurthy Lift Irrigation Scheme (LIS); Both supercritical units of 2x660 MW Ib Valley project were synchronised in 2018-19 and made ready for capacity addition by BHEL. During the year 2018-19, BHEL carried out the renovation & modernization of 6 ESP Sets. Also, 2 C&I R&M projects (NTPC Farakka Unit-4 & 5) were commissioned, Koradi U-6 (which was uprated from 210 MW to 228 MW) achieved full load, and UPRVUNL Obra Unit-12 was synchronized. 5 MW Ground Mounted Solar Power Plant commissioned in hilly terrain at Berradol, H.P for Himachal Pradesh Power Corporation Limited. TANTRANSCO Thappkundu Substation (400 kV - 9 bays, 110 kV - 12 bays) was commissioned; POWERGRID Bhuj substation (765 kV - 10 bays, 400 kV - 7 bays) and Banaskantha Extn (765 kV - 6 bays) commissioned; POWEGRID Banaskantha substation (765 kV - 10 bays, 400 kV - 12 bays) and Sankhari substation (400 kV - 2 bays) commissioned; commissioned world's largest 800 kV multi-terminal HVDC project (North-East to Agra), which is under commercial operation since September, 2017; completed one year of successful field operation of its first own-make 145 kV GIS at TSTRANSCO Vittalwadi in Dec'18 including its O&M; 61 MW SPV plants commissioned during FY18-19; More than 160 MW CPP projects commissioned in 2018-19; commissioned first Solar based EV charging station along Delhi-Chandigarh Highway at Ethnic Resort, Rai, Sonepat (Haryana); In-house development completed for 50 KW EV charger, 67 KW induction motor, 130 KW Induction Motor and 125 KW Permanent Magnet Synchronous Motor (PMSM); completed the 220/20 kV Charikar & Doshi substations in Afghanistan. In 2019-20, BHEL commissioned SG packages for projects aggregating to 1,460 MW and ESP package for projects aggregating to 2,260 MW. In addition, it synchronized 1,206.15 MW from utility power projects and 2,103 MW from Lift Irrigation Scheme. 4x150 MW Kameng HEP commissioned in Arunchal Pradesh, commissioned largest pump motor sets for Kaleshwaram Lift Irrigation Scheme (LIS) project located on the Godavari river in Kaleshwaram, Telangana; 2x660 MW IB Valley Thermal Power Station commissioned by BHEL in Odisha; commissioned all four units of the 4X130 MW Parbati HEP in Himachal Pradesh. During the year 2019-20, BHEL carried out Renovation & Modernization of five numbers of Electro Static Precipitators, combustion modification of APCPL Jhajjar Unit No 1 & 3 R&M, and Condenser R&M of TANGEDCO Tuticorin Unit 1. Nine Air-Conditioned ACEMU local trains for Western Railway & Central Railway commissioned to provide metro for local commuters; 53 Diesel Electric Tower Cars for various zonal railways commissioned and dispatched; supplied and commissioned Diesel Electric Tower Cars,e IGBT based Composite Converter on 3-Phase Passenger locomotive developed; AUSC development on track; High Spin Rotor Test Rig commissioned; manufacturing technology for boiler tubes for high temperature application & alloy 617 blades established; commissioned 200+ electric substations and 5 major HVDC projects in 2020. In 2020-21, BHEL commissioned Utility boiler and STGs at IOCL Paradip, Odisha; Indian Railway's first 9000 HP freight locomotive equipped with propulsion system indigenously developed and supplied by BHEL including Traction Converter, Vehicle Control Unit (VCU) and high power Traction Motors was commissioned during the year; commissioned 6000HP WAG9H locomotives to Indian Railways; commissioned 1.7 MW SPV plant supplying power directly to traction grid of Indian Railways at Bina, Madhya Pradesh; Unit 1 of 4x270 MW Bhadradri Thermal Power Station commissioned in Telangana. 25 Supercritical Steam Generators (SGs) and 20 Supercritical Turbine Generators (TGs) were commissioned till March 31, 2021. In 2021-22, Floating Solar PV Plants including 100MW NTPC Ramagundam - largest in the country), 25 MW NTPC Simhadri and 22 MW NTPC Kayamkulam commissioned by BHEL during the year; 18,500+ MW Captive Power Plants commissioned. In October, 2021 commissioned ±800 kV, 6,000 MW Ultra High Voltage Direct Current (UHVDC) Link between the Western Region Grid (Raigarh, Chattisgarh) and the Southern Region Grid (Pugalur, Tamil Nadu). In September 2021, a 0.25 TPD Coal to Methanol plant at Hyderabad funded by DST was commissioned; Flue Gas Desulphurisation (FGD) Plant at Dadri commissioned in 2021. 80 MW of the 100 MW NTPC Ramagundam floating Solar PV - country's largest floating solar SPV plant, was commissioned by BHEL as on 31st March 2022 and the entire 100 MW commissioned thereafter. In 2022-23, the Unit 1 of Maitree Thermal power project in Bangladesh was synchronised in August 2022. The synchronisation of Unit 2 of Maitree project was commissioned in Jun'23. Unit 1 of North Karanpura 3x660 thermal power plant was synchronised in Oct'22. The Company supplied 800+ locomotives and other traction equipment for locomotives & EMUs; commissioned 240+ electric substations and 6 major HVDC projects; installed & commissioned 1.2+ GW solar portfolio; 18.8 GW Captive Power Plants commissioned in 2023. In the supercritical thermal power segment, BHEL commissioned 30 sets of supercritical Steam Generators (SGs) and 23 sets of supercritical Turbine Generators (TGs) till March 31, 2023. Three subcritical plants of West Bengal Power Development Corporation Limited (WBPDCL) commissioned; further commissioned 660 MW unit fitted with an Air Cooled Condenser (ACC) at 3x660 MW North Karanpura Super Thermal Power Plant in Jharkhand; 765/400kV substation commissioned at Raichur, Karnataka; DC Hall of +800 kV, 6000 MW UHVDC link between the Western Region Grid (Raigarh, Chattisgarh) and the Southern Region Grid (Pugalur, Tamil Nadu). implemented by BHEL. In 2023-24, the Company commissioned the Maitree Super Thermal Power Plant in Bangladesh, expanded renewable energy with the commissioning of 100MW Raghanesda Phase-2 solar project in Gujarat and the 8MW Tamarind Falls solar project in Mauritius. Dedicated North Karanpura and Telangana Thermal Power Plants to the nation and achieved significant milestones with the capacity addition for Unit 3 of the Kakarapar Atomic Power Project; commissioned flexible operations capabilities at Adani's Raigarh, West Bengal Power Distribution Company's Sagardighi, and Tata's Trombay plants, manufactured India's first set of catalysts for Selective Catalytic Reduction for limiting NOx emissions for the 5x800MW Yadadri Thermal Power Station in Telangana. The Joint Venture Company 'Bharat Coal Gasification and Chemicals Limited' has been incorporated as a Private Limited Company in May 2024. In FY 2025, BHEL developed highest rating Francis Turbine Model of 240 MW for Dibang hydroelectric project, HEP. It supplied 45th Steam Generator (SG) for GHAVP Nuclear Power Plant- the highest number by any manufacturer in India. It formed strategic JV Bharat Coal Gasification and Chemicals Ltd' with Coal India Ltd (CIL) to drive coal-to-chemicals initiative by production of Ammonium Nitrate from Coal. It commissioned first upgraded Super Rapid Gun Mount (SRGM) onboard INS Nilgiri. It supplied the Main Fractionator Column (MFC) of HRRL Barmer Refinery, having three types of metallurgy of construction in single column. Passenger trial of the first BHEL-electrics supplied EMU rake completed. Commissioned three units of the 6x170 MW Punatsangchhu-II hydro project in Bhutan. Further, commissioned 3 units of 6x170 MW Punatsangchhu-II hydro project in Bhutan during the year 2025. In FY 2025-26, the supply of BHEL's highest-rated air-cooled Synchronous Generators was completed having the capacity of 175 MW for Botswana. 6 major HVDC projects executed including multiterminal UHVDC project. 20+ GW Captive Power Plants were commissioned. 380+ Steam Generators installed for Process Industries. 52 Super Rapid Gun Mount supplied for Indian Navy & Indian Coast Guard Ships. 1,000+ Compact Heat Exchangers, Liquid Cooling System & Pump Modules supplied for Aerospace Application installed. 430+ Compressors and 92 Oil drilling Rigs were supplied. Established a state-of-the-art facility KAVACH Centre of Excellence (CoE) at SBD Bengaluru. Completed the supply and erection works for the methanol firing in 350 MW Gas Turbine project in India. Commissioned 400 kV GIS at POWERGRID Khavda, ahead of schedule. Commissioned a single HVDC Electrode Station at Malegaon, onnected with the Mumbai-Ahmedabad High Speed Rail project. Commissioned 8.9 GW of power capacity across India and overseas, including the 6x170 MW Punatsangchhu-II Hydro Project in Bhutan. BHEL commissioned 3x660 MW North Karanpura Super Thermal Power Project, in Jharkhand. 5,180 MW domestic Thermal Utility capacity added in FY 2025-26. Capacity addition for North Karanpura#3 (660 MW), Yadadri#1 (800 MW), Khurja TG #2 (660 MW), Patratu#1 (800 MW), Yadadri#4 (800 MW), North Chennai Stg-III (800 MW), Sagardighi#5 (660 MW). BHEL has commissioned 43 Supercritical Steam Generators (SGs) and 36 Supercritical Turbine Generators (TGs) till FY 2025-26.
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BHEL rises after reporting turnaround Q1 performance
16 Jul 2026
Bharat Heavy Electricals (BHEL) added 1.09% to Rs 421.95 after the company reported a consolidated net profit of Rs 376.71 crore in Q1 FY27, compared with a net loss of Rs 455.50 crore in Q1 FY26.
Revenue from operations rose 40.29% year on year to Rs 7,697.72 crore in the first quarter of FY27. The company reported a profit before tax of Rs 507.70 crore in the quarter, compared with a pre-tax loss of Rs 608.04 crore in the corresponding quarter of the previous year. Total expenses increased 18.08% YoY to Rs 7,415.62 crore in Q1 FY27. The cost of materials & services stood at Rs 5,839.29 crore (up 41.45%), while employee benefits expenses were at Rs 1,506.33 crore (up 2.99% YoY) during the period under review. On the segmental front, revenue from the power business stood at Rs 5,919.50 crore (up 51.82% YoY) and revenue from industry stood at Rs 1,778.22 crore (up 11.97% YoY) during the period under review. Bharat Heavy Electricals (BHEL) is an integrated engineering and manufacturing company engaged in the design, engineering, manufacture, erection, testing, commissioning and servicing of equipment for the power, transmission, industry, transportation, renewable energy, oil & gas and defence sectors. It is a Government of India-owned enterprise. Powered by Capital Market - Live News
Bharat Heavy Electricals Ltd up for third straight session
10 Jul 2026
Bharat Heavy Electricals Ltd is quoting at Rs 393.35, up 3.08% on the day as on 12:49 IST on the NSE. The stock is up 52.05% in last one year as compared to a 3.82% drop in NIFTY and a 8.84% drop in the Nifty Energy index.
Bharat Heavy Electricals Ltd gained for a third straight session today. The stock is quoting at Rs 393.35, up 3.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 24188.05. The Sensex is at 77527.52, up 1.02%. Bharat Heavy Electricals Ltd has risen around 6.12% in last one month. Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has risen around 1.64% in last one month and is currently quoting at 38838.1, up 1.16% on the day. The volume in the stock stood at 64.58 lakh shares today, compared to the daily average of 143.36 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 393, up 2.87% on the day. Bharat Heavy Electricals Ltd is up 52.05% in last one year as compared to a 3.82% drop in NIFTY and a 8.84% drop in the Nifty Energy index. The PE of the stock is 84.23 based on TTM earnings ending March 26. Powered by Capital Market - Live News
BHEL inks pact with thyssenkrup nucera for building alkaline electrolyser system in India
7 Jul 2026
Bharat Heavy Electricals (BHEL) said that it has signed a strategic collaboration agreement (SCA) with thyssenkrup nucera India for alkaline electrolyser system for green hydrogen projects.
The public sector undertaking stated that this strategic tie-Up shall enable phased indigenization and local manufacturing of alkaline electrolyser systems in India. The collaboration will further strengthen BHEL's project execution capabilities for green hydrogen projects in India. This will also enhance BHEL's contribution to National Green Hydrogen Mission and support the Government of India's Make in India initiative,' the company said in a statement. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. The scrip fell 2.56% to currently trade at Rs 377.55 on the BSE. Powered by Capital Market - Live News
Bharat Heavy Electricals Ltd spurts 2.89%, rises for fifth straight session
18 Jun 2026
Bharat Heavy Electricals Ltd is quoting at Rs 403.6, up 2.89% on the day as on 12:44 IST on the NSE. The stock is up 63.27% in last one year as compared to a 2.73% drop in NIFTY and a 14.16% drop in the Nifty Energy.
Bharat Heavy Electricals Ltd gained for a fifth straight session today. The stock is quoting at Rs 403.6, up 2.89% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 24117.25. The Sensex is at 77266.23, up 0.14%. Bharat Heavy Electricals Ltd has risen around 0.62% in last one month. Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has risen around 1.77% in last one month and is currently quoting at 40238.45, up 0.08% on the day. The volume in the stock stood at 77.14 lakh shares today, compared to the daily average of 108.9 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 404.85, up 2.99% on the day. Bharat Heavy Electricals Ltd is up 63.27% in last one year as compared to a 2.73% drop in NIFTY and a 14.16% drop in the Nifty Energy index. The PE of the stock is 86.57 based on TTM earnings ending March 26. Powered by Capital Market - Live News
BHEL bags over Rs 90-cr LNTP from DVC for 800 MW Durgapur project
11 Jun 2026
Bharat Heavy Electricals (BHEL) has received a Limited Notice to Proceed (LNTP) worth over Rs 90 crore (excluding GST) from Damodar Valley Corporation (DVC) for the 1x800 MW Durgapur Supercritical Thermal Power Station project.
The company has emerged as the successful bidder for the main plant package comprising the boiler, turbine and generator (BTG). The LNTP enables BHEL to initiate advance engineering activities and place orders for critical long-lead items for the project. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. On a consolidated basis, the company posted a net profit of Rs 1,290.47 crore in Q4 FY26, up 155.82% YoY and 230.50% QoQ. Revenue from operations rose 36.87% YoY to Rs 12,310.37 crore in Q4 FY26 while growing 45.29% QoQ, driven by strong performance in both power and industry segments. Shares of Bharat Heavy Electricals fell 1.70% to close at Rs 370.60 on the BSE. Powered by Capital Market - Live News
BHEL gains on bagging Rs 21,000-crore EPC order for Meja supercritical power project
5 Jun 2026
Bharat Heavy Electricals added 1.42% to Rs 395.40 after it has received a notification of award (NOA) from Meja Urja Nigam (MUNPL) for the 3x800 MW Meja Supercritical Thermal Power Project Stage-II EPC package.
MUNPL is a joint venture between NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL). The scope of work includes design, engineering, manufacturing, supply, construction, erection, testing and commissioning of the EPC package for the project located in Prayagraj, Uttar Pradesh. The contract, awarded through international competitive bidding, is valued at over Rs 21,000 crore. The project is scheduled to be completed within 70 months from the date of NOA. BHEL said the order does not fall under related party transactions, and no promoter or group company has any interest in the awarding entity. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. On a consolidated basis, the company posted a net profit of Rs 1,290.47 crore in Q4 FY26, up 155.82% YoY and 230.50% QoQ. Revenue from operations rose 36.87% YoY to Rs 12,310.37 crore in Q4 FY26 while growing 45.29% QoQ, driven by strong performance in both power and industry segments. Powered by Capital Market - Live News
BHEL inks contract with Dangote for gas turbine generator packages
4 Jun 2026
Bharat Heavy Electricals (BHEL) said it has signed a contract agreement with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise for the execution of a project in Nigeria's Dangote Industries Free Zone.
The contract, valued between Rs 2,000 crore and Rs 2,500 crore, involves the design, manufacture, supply up to Mumbai Port, supervision of erection and commissioning, and performance guarantee testing of eight gas turbine generator packages. Civil works are excluded from the scope. The gas turbine generator packages will be deployed at a petroleum refinery and polypropylene plant in Nigeria. The agreement was signed on 2 June 2026 and was awarded through an international tender process. The project is scheduled for completion within 26 months from the effective date of the contract. BHEL stated that neither its promoter group nor group companies have any interest in the awarding entity and that the contract does not qualify as a related-party transaction. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. On a consolidated basis, the company posted a net profit of Rs 1,290.47 crore in Q4 FY26, up 155.82% YoY and 230.50% QoQ. Revenue from operations rose 36.87% YoY to Rs 12,310.37 crore in Q4 FY26 while growing 45.29% QoQ, driven by strong performance in both power and industry segments. Shares of Bharat Heavy Electricals fell 1.18% to close at Rs 406.10 on the BSE. Powered by Capital Market - Live News
Bharat Heavy Electricals soars on robust Q4 earnings
4 May 2026
Bharat Heavy Electricals Limited surged 12.34% to Rs 395.90 after the company reported a sharp jump in quarterly earnings.
On a consolidated basis, the company posted a net profit of Rs 1,290.47 crore in Q4 FY26, up 155.82% YoY and 230.50% QoQ. Revenue from operations rose 36.87% YoY to Rs 12,310.37 crore in Q4 FY26, while growing 45.29% QoQ, driven by strong performance in both power and industry segments. Profit before tax stood at Rs 1,727.59 crore in Q4 FY26, up 145.24% YoY and 232.33% QoQ. On the cost front, cost of materials and services rose 19.59% YoY to Rs 8,346.12 crore, while employee benefit expenses increased 29.6% YoY to Rs 1,994.48 crore. Other expenses declined 18.97% YoY to Rs 542.15 crore during the quarter. On the operational front, segment performance remained robust. Revenue from the power segment rose 53.57% YoY to Rs 9,509.85 crore in Q4 FY26, while the industry segment declined marginally by 0.02% YoY to Rs 2,800.52 crore. For the full year FY26, the company reported a net profit of Rs 1,600.26 crore, up 199.72% YoY, while revenue rose 19.21% YoY to Rs 33,782.18 crore. Profit before tax for FY26 stood at Rs 2,138.61 crore, up 186.86% YoY. Cash flow from operating activities improved to Rs 5,837.38 crore in FY26 from Rs 2,192.47 crore in FY25. The board recommended a final dividend of Rs 1.40 per share (70% on face value of Rs 2) for FY26. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. The Government of India held 58.17% stake in the company as on March 2026. Powered by Capital Market - Live News
BHEL jumps on strong FY26 operational show
20 Apr 2026
Bharat Heavy Electricals rose 4.83% to Rs 332 after the company reported strong operational performance for FY 2025-26.
The company posted a turnover of around Rs 32,350 crore on a provisional and unaudited basis, up 18% from the previous year. Total order inflows for the year stood at approximately Rs 75,000 crore. The outstanding order book at the end of FY 2025-26 was around Rs 2.4 lakh crore. In the power segment, the company secured orders worth about Rs 59,000 crore, maintaining a strong market position. The industrial segment recorded fresh orders of around Rs 16,000 crore across sectors including transportation, transmission, defence, process industries, and industrial equipment. On the execution front, the company commissioned or synchronised around 8.9 GW of power capacity during the year. The company said it enters FY 2026-27 with a strong order pipeline and execution momentum. In a separate disclosure, the company said it has filed a suit before the Bengaluru Commercial Court against Raichur Power Corporation seeking recovery of dues amounting to Rs 143.21 crore related to a thermal power project. In another filing, the company said it has withdrawn its acceptance of a Letter of Intent from MB Power (Madhya Pradesh) for the 1x800 MW Anuppur Thermal Power Project, citing non-execution of a formal contract within the agreed timeline despite multiple extensions. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. The Government of India held 58.17% stake in the company as on March 2026. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024.
BHEL rallies after signing TCA to strengthen excitation systems business
9 Apr 2026
Bharat Heavy Electricals (BHEL) surged 4.29% to Rs 277.20 after the company signed Technology Collaboration Agreement (TCA) with E2S Company, Republic of Korea for excitation system used in synchronous machines.
The agreement covers Static Excitation Systems (SES) and Brushless Excitation Systems (AVR), strengthening the company's technological capabilities in this segment. Under said TCA, the company will design, engineer, manufacture, install, commission, service, test and retrofit both static and brushless excitation systems for domestic as well as international markets. The TCA would also enable the company to maintain its competitive edge and strengthen capabilities to cater excitation system business for synchronous machines and contribute to the Government's 'Make in India' initiative. The financial terms and other commercial details of the agreement have not been disclosed. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL is the flagship engineering and manufacturing enterprise of India and is owned and operated by the Government of India. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024.
Bharat Heavy Electricals Ltd up for third straight session
9 Apr 2026
Bharat Heavy Electricals Ltd is quoting at Rs 279.3, up 5.12% on the day as on 12:49 IST on the NSE. The stock is up 31.15% in last one year as compared to a 4.29% jump in NIFTY and a 13.48% jump in the Nifty Energy index.
Bharat Heavy Electricals Ltd is up for a third straight session today. The stock is quoting at Rs 279.3, up 5.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 23807.15. The Sensex is at 76773.35, down 1.02%. Bharat Heavy Electricals Ltd has gained around 7.98% in last one month. Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has gained around 2.06% in last one month and is currently quoting at 36469.2, up 0.85% on the day. The volume in the stock stood at 198.11 lakh shares today, compared to the daily average of 103.49 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 280.17, up 4.84% on the day. Bharat Heavy Electricals Ltd is up 31.15% in last one year as compared to a 4.29% jump in NIFTY and a 13.48% jump in the Nifty Energy index. The PE of the stock is 115.57 based on TTM earnings ending December 25.
BHEL secures thermal power project worth Rs 13,500-cr from NTPC
30 Mar 2026
Bharat Heavy Electricals (BHEL) announced that it has received a notification of award from NTPC for setting up a supercritical thermal power project in Peddapalli in Telangana.
The contract covers the 3x800 MW Stage-II main plant package, including design, engineering, supply, erection, testing, and commissioning of the boiler, turbine, and generator, along with civil and structural works. The contract value stands at Rs 13,500 crore, excluding GST The project is expected to be completed within 62 months from the date of the notification of award Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL is the flagship engineering and manufacturing enterprise of India and is owned and operated by the Government of India. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024. The scrip shed 0.57% to Rs 253.45 on the BSE. Powered by Capital Market - Live News
BHEL secures Rs 1,500-cr CPP package order from SAIL
18 Feb 2026
Bharat Heavy Electricals (BHEL) has announced that it has received a Letter of Acceptance from Steel Authority of India (SAIL) for executing a Captive Power Plant (CPP) package.
According to an exchange filing, the order encompasses the design, engineering, manufacture, supply, transportation, unloading, storage, erection, commissioning, and performance guarantee testing of the CPP package on a turnkey basis. The scope of work excludes civil works. The project is scheduled to be commissioned within 39 months from the effective date of the contract. The order is considered significant for the industry and is valued in the range of Rs 1,200 crore to Rs 1,500 crore. BHEL clarified that none of its promoters or promoter group entities have any interest in the awarding authority. The company also stated that the transaction does not fall under related-party transactions as per applicable regulatory norms. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL is the flagship engineering and manufacturing enterprise of India and is owned and operated by the Government of India. Steel Authority of India (SAIL) is the leading steel-making company in India. The company is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive, and defense industries, as well as for export markets. Shares of Bharat Heavy Electricals (BHEL) rose 0.48% to Rs 264.05, while Steel Authority of India advanced 1.87% to Rs 160.30 on the BSE. Powered by Capital Market - Live News
BHEL tumbles after Government launches OFS to pare up to 5% stake
11 Feb 2026
Bharat Heavy Electricals slumped 5.80% to Rs 260.05 after the company's promoter announced an offer for sale to pare its stake in the company.
The Government of India, the company's promoter, is offering a base lot of 10.44 crore shares, representing 3.00% of the company's equity. The offer includes an oversubscription option for an additional 6.96 crore shares or 0.79% stake, taking the total potential divestment to 17.4 crore shares, or 5.00% stake. The floor price has been set at Rs 254 per share, a discount of 7.99% to the stock's previous close of Rs 276.05 on January 27, 2026. The OFS opened on February 11 for non-retail investors. Retail investors can participate on February 12, along with non-retail bidders carrying forward unallotted bids. The offer is being conducted through a special window on the BSE and NSE during market hours. By 2:00 p.m. on T Day, the non-retail portion was subscribed 12.99% of the base offer size. Bids were received for 1.22 crore shares against 9.40 crore shares on base non-retail offer. As of December 2025, the Government of India held a 63.17% stake in Bharat Heavy Electricals. Bharat Heavy Electricals (BHEL) is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and systems. The company caters to key sectors of the Indian economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL is the flagship engineering and manufacturing enterprise of India and is owned and operated by the Government of India. The company's consolidated net profit surged 189.82% to Rs 390.40 crore while revenue from operations rose 16.43% to Rs 8,473.10 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live News
Corporate News
Bharat Heavy Electricals to discuss results
10 Jul 2026
On 16 July 2026
Bharat Heavy Electricals will hold a meeting of the Board of Directors of the Company on 16 July 2026.
Bharat Heavy Electricals AGM scheduled
2 Jul 2026
On 5 August 2026
Bharat Heavy Electricals announced that the Annual General Meeting(AGM) of the company will be held on 5 August 2026.
BHEL receives LNTP contract worth Rs 90 cr
11 Jun 2026
From Damodar Valley Corporation
Bharat Heavy Electricals has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC), Kolkata, of 1x800 MW Durgapur supercritical thermal power station, for initiating the advance engineering and ordering of critical long lead items under Main plant package for this project. The contract is valued at Rs 90 crore.
BHEL bags 3x800 MW Meja STPP Stage-II project
5 Jun 2026
Bharat Heavy Electricals (BHEL) has received a Notification of Award (NOA) from Meja Urja Nigam Private (MUNPL) for 3x800 MW Meja STPP Stage-II (EPC package). The scope of the work includes design, engineering, manufacturing, supply, construction, erection, testing and commissioning works for the EPC package. The contract is valued over Rs 21,000 crore. Meja Urja Nigam Private is a joint venture company between NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL).
Board of Bharat Heavy Electricals recommends Final Dividend
4 May 2026
Of Rs.1.40 per share
Bharat Heavy Electricals announced that the Board of Directors of the Company at its meeting held on 04 May 2026, has recommended a Final Dividend of Rs.1.40 per share (i.e.70%), subject to the approval of the shareholders.
BHEL enters into licensing agreement for transfer of technology with NSTL-DRDO
28 Apr 2026
Bharat Heavy Electricals (BHEL) has entered into Licensing Agreement for Transfer of Technology (LAToT) with Naval Science & Technological Laboratory (NSTL), Vishakhapatnam a constituent laboratory under the Defence Research and Development Organisation (DRDO) (NSTL-DRDO), Vishakhapatnam for fabrication, installation & commissioning of the LM2500 GT-IRSS for naval vessels.
Bharat Heavy Electricals announces board meeting date
28 Apr 2026
On 4 May 2026
Bharat Heavy Electricals will hold a meeting of the Board of Directors of the Company on 4 May 2026.
BHEL withdraws its acceptance of LoI from MB Power (Madhya Pradesh)
17 Apr 2026
Bharat Heavy Electricals (BHEL) has withdrawn the acceptance of Letter of Intent from MB Power (Madhya Pradesh) for supply of equipment (Boiler, Turbine, Generator) for 1x800 MW Anuppur Thermal Power Project.
BHEL signs technology collaboration agreement with Korea-based E2S Company
9 Apr 2026
Bharat Heavy Electricals (BHEL) has signed a technology collaboration agreement (TCA) for excitation system for synchronous machines with Korea-based E2S Company. This TCA would help BHEL to design, engineer, manufacture, install, commission, service, test, retrofit and sale of both static & brushless excitation systems in India and in overseas territories. The TCA would also enable BHEL to maintain its competitive edge and strengthen BHEL's capabilities to cater excitation system business for synchronous machines and contribute to the Government's 'Make in India' initiative.
BHEL receives ratings action from India Ratings & Research
31 Mar 2026
Bharat Heavy Electricals announced that India Ratings & Research has reviewed and revised the outlook for the company's bank facilities of Rs 80,000 crore from Stable to Positive while re-affirming long term rating at IND AA-. The short term rating on bank facilities is IND A1+. Powered by Capital Market - Live News
BHEL secures NTPC's Rs 13,500 cr Telangana thermal project
30 Mar 2026
Bharat Heavy Electricals (BHEL) has received a Notification of Award (NOA) from NTPC for 3x800 MW Telangana Stage-II supercritical thermal power project (District: Peddapalli, Telangana)(Main Plant Package). The Rs 13,500 crore project entails design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant package (Boiler, Turbine & Generator), including civil and structural works. Powered by Capital Market - Live News
BHEL receives LoA from Steel Authority of India
17 Feb 2026
Bharat Heavy Electricals (BHEL) has received a Letter of Acceptance from Steel Authority of India (SAIL) for design, engineering, manufacture, supply, transportation, unloading, storage, erection, commissioning and performance guarantee test for captive power plant package on turnkey basis excluding civil work. The order is valued between Rs 1200 crore to Rs 1500 crore. Powered by Capital Market - Live News
Bharat Heavy Electricals secures work order of Rs 2,800 cr
10 Feb 2026
Bharat Heavy Electricals (BHEL) has received a Letter of Acceptance from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture company of BHEL and Coal India (CIL). The contract is for Design, Engineering, Supply of equipment, Civil works, Erection, Commissioning and O&M Services for Syngas Purification Plant (LSTK 2 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda District, Odisha, India. The contract is valued at approximately Rs 2,800 crore. Powered by Capital Market - Live News
Results - Announcements
Bharat Heavy Electricals reports consolidated net profit of Rs 376.71 crore in the June 2026 quarter
16 Jul 2026
Sales rise 40.29% to Rs 7697.72 crore
Net profit of Bharat Heavy Electricals reported to Rs 376.71 crore in the quarter ended June 2026 as against net loss of Rs 455.50 crore during the previous quarter ended June 2025. Sales rose 40.29% to Rs 7697.72 crore in the quarter ended June 2026 as against Rs 5486.91 crore during the previous quarter ended June 2025. Particulars Quarter Ended Jun. 2026 Jun. 2025 % Var. Sales 7697.72 5486.91 40 OPM % 6.55 -9.79 - PBDT 589.58 -533.52 LP PBT 507.70 -608.04 LP NP 376.71 -455.50 LP Powered by Capital Market - Live News
Bharat Heavy Electricals consolidated net profit rises 155.82% in the March 2026 quarter
4 May 2026
Sales rise 36.88% to Rs 12310.37 crore
Net profit of Bharat Heavy Electricals rose 155.82% to Rs 1290.47 crore in the quarter ended March 2026 as against Rs 504.45 crore during the previous quarter ended March 2025. Sales rose 36.88% to Rs 12310.37 crore in the quarter ended March 2026 as against Rs 8993.37 crore during the previous quarter ended March 2025. For the full year,net profit rose 199.73% to Rs 1600.26 crore in the year ended March 2026 as against Rs 533.90 crore during the previous year ended March 2025. Sales rose 19.21% to Rs 33782.18 crore in the year ended March 2026 as against Rs 28339.48 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 12310.37 8993.37 37 33782.18 28339.48 19 OPM % 14.24 9.25 - 6.93 4.38 - PBDT 1815.49 789.44 130 2454.48 1017.56 141 PBT 1727.59 704.42 145 2138.61 745.60 187 NP 1290.47 504.45 156 1600.26 533.90 200 Powered by Capital Market - Live News
Market Beat
Bharat Heavy Electricals fixes record date for final dividend
1 Jul 2026
Record date is 17 July 2026
Bharat Heavy Electricals has fixed 17 July 2026 as record date for the purpose of determining the eligibility of the members to receive final dividend of Rs. 1.40 per share (i.e. @ 70% on the paid up equity share capital) for the year 2025-26. The dividend will be paid on or before 03 September 2026.
Market Commentary - Quick Review
Barometers end sideways; auto shares jump
11 Feb 2026
The key domestic indices ended with sideways trend, supported by mixed global cues. Investors will continue to monitor the ongoing earnings season, US nonfarm payroll data, and other global developments. The Nifty ended above the 25,950 mark. Auto, PSU Bank and pharma shares advanced while IT and private bank stocks declined. As per provisional closing data, the barometer index, the S&P BSE Sensex declined 40.28 points or 0.05% to 84,233.64. The Nifty 50 index rose 18.70 points or 0.07% to 25,953.85. In the broader market, the BSE 150 MidCap Index shed 0.02% and the BSE 250 SmallCap Index rose 0.13%. The market breadth was negative. On the BSE, 1,975 shares rose and 2,247 shares fell. A total of 169 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 1% to 11.56. IPO Update: Fractal Analytics received bids for 4,91,39,568 shares as against 1,85,79,360 shares on offer, according to stock exchange data at 15:30 IST on Wednesday (11 February 2026). The issue was subscribed 2.64 times. The issue opened for bidding on 9 February 2026 and it will be close on 11 February 2026. The price band of the IPO is fixed between Rs 857 and 900 per share. Aye Finance received bids for 4,39,31,752 shares as against 4,55,32,785 shares on offer, according to stock exchange data at 15:30 IST on Wednesday (11 February 2026). The issue was subscribed 0.96 times. The issue opened for bidding on 9 February 2026 and it will be close on 11 February 2026. The price band of the IPO is fixed between Rs 122 and 129 per share. Buzzing Index: The Nifty Auto index surged 1.30% to 28,538.70. The index climbed 3.7% in the three consecutive trading sessions. Eicher Motors (up 6.59%), Bharat Forge (up 3.87%), TVS Motor Company (up 2.73%), Bosch (up 2.53%), Maruti Suzuki India (up 1.76%), Sona BLW Precision Forgings (up 1.3%), Tata Motors Passenger Vehicles (up 1.25%), Uno Minda (up 1.19%), Bajaj Auto (up 0.98%) and Exide Industries (up 0.68%) surged. Eicher Motors rallied 6.59% after the company reported a 21.38% year-on-year (YoY) increase in consolidated net profit to Rs 1,420.61 crore in Q3 FY26, compared with Rs 1,170.50 crore posted in Q3 FY25. Total revenue from operations surged 22.94% year-on-year (YoY) to Rs 6,114.04 crore in the quarter ended 31 December 2025. Stocks in Spotlght: Titan Company fell 0.45%. The company has reported 61% increase in consolidated net profit to Rs 1,684 crore on a 40% increase in total income to Rs 24,592 crore in Q3 FY26 as compared with Q3 FY25. Apollo Hospitals Enterprise jumped 4% after the company reported 34.91% surge in consolidated net profit to Rs 502.29 crore on 17.19% increase in revenue from operations to Rs 6,477.40 crore in Q3 FY26 over Q3 FY25. Mahindra & Mahindra (M&M) shed 0.02%. The company's standalone net profit jumped 32.62% to Rs 3,931.30 crore in Q3 FY26 as against Rs 2,964.31 crore reported in Q3 FY25. Total income increased by 26.93% year on year to Rs 39,639.45 crore in the quarter ended 31 December 2025. Britannia Industries gained 2.60% after reporting steady growth in the quarter ended 31 December 2025. On a consolidated basis, net profit stood at Rs 679.96 crore in Q3 FY26, up 16.89% YoY from Rs 581.69 crore in Q3 FY25. On a sequential basis, profit rose 3.89% from Rs 654.47 crore in Q2 FY26. Revenue from operations increased 9.45% YoY to Rs 4,885.23 crore, compared with Rs 4,463.30 crore in the year-ago quarter. Sequentially, revenue grew 2.80% from Rs 4,752.17 crore. Avantel advanced 2.23% after the company said that it has secured an order worth Rs 122.58 crore from NewSpace India for the supply of S/X-band with Ka-band-ready full-motion antennas. The contract, covering supply, installation, and commissioning, is scheduled for completion by August 2027. Key terms include a 2.5% security deposit and a 0.5% performance bank guarantee. The order has been awarded by a domestic entity. Bharat Heavy Electricals (BHEL) slumped 5.58% after the company's promoter announced an offer for sale to pare its stake in the company. As of December 2025, the Government of India held a 63.17% stake in BHEL. The floor price has been set at Rs 254 per share, a discount of 7.99% to the stock's previous close of Rs 276.05 on January 27, 2026. At 3:30 p.m. on T Day, the non-retail portion was subscribed 234.81% of the base offer size. Bids were received for 22.07 crore shares against 9.40 crore shares on base non-retail offer. Karnataka Bank rose 0.10%. The bank has reported a 2.5% increase in standalone net profit to Rs 290.79 crore, on a 0.51% decline in total income to Rs 2,522.35 crore in Q3 FY26 compared with Q3 FY25. TVS Supply Chain Solutions surged 14.01% after the company reported a consolidated net profit of Rs 10.72 crore in Q3 December 2025 compared with a net loss of Rs 24.65 crore posted in Q3 December 2024. Revenue from operations jumped 11.09% YoY to Rs 2,715.81 crore during the quarter, supported by continued strength in Integrated Supply Chain Solutions (ISCS) segment and a significant recovery in volumes in the Global Forwarding Solutions (GFS) segment. Global Markets: European markets traded mixed as global investors awaited the US nonfarm payroll data. Asia market ended higher even as China's consumer price index rose 0.2% in January from a year earlier, China's National Bureau of Statistics data showed Wednesday. That's below the widely reported forecast of 0.4% increase, a sign of continued deflationary pressure in the absence of stronger stimulus. Japan's markets were closed for a public holiday. In U.S, December retail sales report showed that consumer spending was flat following a 0.6% increase in November, missing the 0.4% monthly gain that was widely expected. Overnight, the S&P 500 slipped on Tuesday as investors reacted to weaker-than-expected retail sales data and grew concerned about the threat artificial intelligence poses to the financial sector. The broad-based index lost 0.33% and ended at 6,941.81, while the Nasdaq Composite slipped 0.59% and closed at 23,102.47. The Dow Jones Industrial Average rose 52.27 points, or 0.10%, posting a closing record of 50,188.14. Financial stocks also took a hit Tuesday after tech platform Altruist launched a new AI-powered tax planning tool. Shares of LPL Financial declined 8.3%, while shares of Charles Schwab dropped 7.4% and Morgan Stanley dipped more than 2%. Investors await the consumer price index data on Friday. Powered by Capital Market - Live News
Insider Activity
Disposals
President of India acting through Ministry of Heavy Industries GOI
Promoter
Disposed 174209815 shares worth ₹44,70,05,51,349
Reported on 13 Feb 2026
Mode: Market Sale
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