BHEL Bags a Massive Contract from NTPC

BHEL share prices surged as it secured multi-thousand crore deal from NTPC.  Explore More>>

BHEL's Share Price Hits 52-Week High

BHEL shares surged 2% after bagging a ₹15,530 crore order from NTPC for a thermal power plant. Share prices rose to 2.35% to Rs. 121.45 per share on BSE.

Setting Up Supercritical Thermal Power Project

This massive order from NTPC involves a 2x800 MW power project at Lara, Chhattisgarh, including design, engineering, manufacturing, and construction.

Project Timeline and Scope

Unit-1 of the project is to be executed in 48 months, and Unit-2 in 52 months. Scope includes steam turbine, generator, emission control systems and more.

Notable Stock Performance

BHEL share price rose over 50% in 2023, 102% in the last year, and 208% in three years due to back-to-back order wins