Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

BHEL Wins Massive Order from SAIL; Power Plant Deal Worth Up to ₹1,500 Crore

News by Aliceblue News Desk

18 Feb 2026

BHEL Wins Massive Order from SAIL; Power Plant Deal Worth Up to ₹1,500 Crore

Introduction

Leading engineering and manufacturing company received Letter of Acceptance from SAIL for a Rs 1,200–1,500 crore Captive Power Plant project at IISCO Steel Plant, Burnpur.

Alice Blue Image

Also Read: JSW Infra shares gain ahead of key fundraising decision; check key details

Share price movement of BHEL

On February 18, 2026, Bharat Heavy Electricals Ltd opened at ₹266.00, up 1.23% from its previous close of ₹262.80. The stock reached a high of ₹266.00 (1.23%) and a low of ₹263.05. By 11:50 AM, it traded at ₹264.25, a 0.55% increase, with a market cap of ₹92,013.52 crore.

BHEL Secures SAIL CPP Order

Bharat Heavy Electricals Limited (BHEL) received a Letter of Acceptance from Steel Authority of India Limited (SAIL) on February 17, 2026, for a Captive Power Plant (CPP) project.

The CPP Package is part of 4.08 MTPA CS expansion at IISCO Steel Plant, Burnpur. The order includes design, engineering, supply, erection, commissioning, and performance guarantee tests on turnkey basis.

The project is a global tender with execution period of 39 months. The order value is estimated between Rs 1,200-1,500 crore excluding GST. No related party involvement exists.

Stock performance of BHEL for period of 1 week, 6 months, and 1 year

Bharat Heavy Electricals Ltd gained 0.82% over the past week, rose 20.2% over the past six months, and increased 40.9% over the past one year.

Alice Blue Image

Also Read: Embassy Developments shares rise after receiving approval for Phase 1 of Embassy Serenity

Shareholding pattern of BHEL

ParticularsDec 2025Sep 2025Jun 2025
Promoter63.20%63.20%63.20%
FII6.30%6.20%6.40%
DII19.70%18.60%18.50%
Public10.90%12.00%12.00%

About BHEL

Bharat Heavy Electricals Ltd (NSE: BHEL) is an integrated power plant equipment manufacturer providing design, engineering, manufacturing, and services across power, transmission, industry, transport, renewable energy, oil, gas, and defence sectors.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Bharat Heavy Electricals Ltd share price rising today?

A: Bharat Heavy Electricals Ltd received Letter of Acceptance from SAIL for Rs 1,200–1,500 crore Captive Power Plant project at IISCO Steel Plant, Burnpur.

Q: What is Bharat Heavy Electricals Ltd’s main business focus?

A: Bharat Heavy Electricals Ltd provides design, engineering, manufacture, erection, testing, commissioning, and services for power, transmission, industry, transport, renewable energy, oil, gas, and defence sectors.

Q: What are the 52-week high and low of Bharat Heavy Electricals Ltd stock?

A: Bharat Heavy Electricals Ltd 52-week high is Rs 305.85 and 52-week low is Rs 176.00.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones