Introduction:
Indian PSU has successfully commissioned Units 1 and 2 of the 6×170 MW Punatsangchhu-II Hydroelectric Project in Bhutan. This milestone enhances the region’s energy capacity and highlights the PSU’s leadership in international hydro power projects.
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Share price movement of BHEL:
On January 9, 2025, Bharat Heavy Electricals Ltd. (BHEL) opened at ₹224.00, up 0.90% from its previous close of ₹222.05. The stock reached a high of ₹224.00 and a low of ₹219.25. By 10:08 AM, it traded at ₹221.05, a 0.45% decrease, with a market cap of ₹76,971.01 crore.
BHEL Commissions Two Units in Bhutan:
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned Units 1 and 2 of the 6×170 MW Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan, marking a significant milestone in its international hydro project portfolio.
The project, part of a bilateral agreement between India and Bhutan, is located in Wangdue district. The Francis Turbines installed are designed to operate at the highest head of 241 meters in Bhutan, with annual generation of 4,357 gigawatt-hours.
BHEL’s contribution to Bhutan’s installed capacity now stands at nearly 89%, further solidifying its leadership in the region. The company is also executing additional major projects, including the 6×200 MW Punatsangchhu-I and 4×225 MW Arun-3 hydro projects.
Recent news on BHEL:
As of December 26, 2024, Bharat Heavy Electricals Ltd. (BHEL) has been directed by the Supreme Court to submit original documents concerning financial irregularities in the Rs 35,000 crore Palamuru-Rangareddy Lift Irrigation Scheme, alongside cost and payment details.
Stock performance of BHEL for Period of 1 week, 6 months and 1 year:
Bharat Heavy Electricals Ltd. has seen a 4.89% decline in the past week and a 32.1% drop over six months. However, the company has demonstrated a positive 10.9% return over the past year, signaling potential long-term growth.
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Shareholding pattern of BHEL:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 63.20% | 63.20% | 63.20% |
| FII | 8.00% | 9.50% | 9.10% |
| DII | 15.50% | 14.70% | 15.00% |
| Public | 13.40% | 12.70% | 12.70% |
About BHEL:
Bharat Heavy Electricals Ltd. (NSE: BHEL) is a leading power plant equipment manufacturer in India, engaged in design, manufacturing, and servicing for sectors like power, transmission, industry, defense, and renewable energy, under government ownership.
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.
