BHEL Secures ₹3,500 Cr Order from Adani Power for Thermal Plant

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

BHEL lands a ₹3,500 crore order from Adani Power for a 2x800 MW thermal plant in Raipur. The required equipment is to be produced at Trichy and Haridwar. The project is set to enhance power infrastructure in Chhattisgarh.

BHEL - Adani Power News Today

State-owned Bharat Heavy Electricals Ltd (BHEL) announced that it has secured a substantial order valued at over ₹3,500 crore from Adani Power Limited (APL). This order involves the establishment of a 2x800 MW thermal power project (TPP) in Raipur, Chhattisgarh.

Explore: Bhel Share Price

Contract Details and Responsibilities

The contract, signed on June 5, 2024, stipulates BHEL's responsibilities for the supply of key equipment including boilers, turbines, generators, and associated auxiliaries. Additionally, BHEL will oversee the erection and commissioning of the power project, which will employ supercritical technology. The manufacturing of the boilers and turbine generators will take place at BHEL's plants in Trichy and Haridwar, respectively.

Project Timeline

The execution timeline for the order specifies that the supply of equipment for unit-1 will be completed within 35 months, while unit-2 will be supplied within 41 months. This significant order from a domestic entity underscores BHEL's role in advancing India’s power infrastructure.

Additional Orders

Apart from the Raipur project, BHEL has also secured another notable order from Mirzapur Thermal Energy (UP) Private Ltd. This contract involves setting up a 2x800 MW thermal power project at Mirzapur Phase I in Uttar Pradesh, also valued at over ₹3,500 crore.

Additional Read: BHEL Q4 Results: Net Profit down 25% to ₹484.36 Crore YoY

In Conclusion

BHEL's new orders from Adani Power and Mirzapur Thermal Energy reflect its robust capabilities in the power sector, despite recent financial challenges. The execution of these projects is set to enhance BHEL's contribution to India's energy infrastructure significantly.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300 Cr MTF Book

icon-with-text