Bharat Heavy Electricals Limited — Important, 08-02-2025: General Updates

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Award from Maharashtra State Power Generation Company Limited (Mahagenco) for the development of a 2x660 MW Boiler-Turbine-Generator (BTG) package at the Koradi Thermal Power Station in Nagpur, Maharashtra. The total value of the awarded contract is approximately ₹8000 Cr, excluding GST. The project encompasses supply of equipment, erection and commissioning, and civil works. Execution timelines indicate that the completion of performance guarantee tests and handover of the units is expected within 52 and 58 months for Unit-11 and Unit-12, respectively. This domestic order showcases BHEL's continued participation in significant energy projects, indicating a positive growth trajectory within the sector. Investors should monitor developments closely as this contract may enhance BHEL’s order book and strengthen its position in the market.