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GE Power India surged 7% to Rs 485 on the BSE in intra-day trade after the company received contract worth of Rs 271 crore from Bharat Heavy Electricals (BHEL) for supply of components and services for 2 thermal power projects in Tamil Nadu.

“The company has been awarded a contract worth approximately Rs 271.1 crore (i.e. approximately US $ 40 million) by Bharat Heavy Electricals (BHEL) to supply components and services for the supercritical steam generator island packages,” GE Power India said in a BSE filing.

The state-owned BHEL today said that it has bagged a major order from Indian Railways for supply of IGBT-based traction converters.

"Bharat Heavy Electricals Ltd (BHEL) has bagged a major order for supply of 118 sets of IGBT-based traction converters for 3 Phase 6,000 HP electric locomotives," the company said in a statement.

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the first unit of the 4x30 MW Pulichintala hydroelectric project (HEP) in Telangana. The greenfield project is being set up by TSGENCO in Guntur district of Telangana on the river Krishna. BHEL’s scope of work in the project includes design, manufacture, supply, supervision of erection, testing and commissioning of electrical & mechanical (E&M) package comprising four sets of 30 MW vertical Kaplan turbine & generator along with associated auxiliaries.

BHEL bags export orders from Togo, Benin
Posted on 15th November 2016
NEW DELHI: State-run power equipment maker BHEL has expanded its footprint in the international market by securing export orders for supply of industrial motors to the African nations of Togo and Benin.

Scancem International DA, Norway (Heidelberg Cement group) has placed the order for the motors for their cement plants, Ciments Du Togo S.A. & Cimbenin S.A, Benin, BHEL said in press release.

Bharat Heavy Electricals Limited (BHEL) registered a topline growth of 12 per cent at Rs 6,780 crore and posted a profit before tax of Rs 138 crore as against a loss of Rs 293 crore in the corresponding period last year. This is after 14 straight quarters of negative topline growth that BHEL has registered positive growth. The turnover of the company increased to Rs 6,780 crore in Q2FY17, from Rs 6,070 crore during the corresponding period last financial year.

State-run BHEL today said it has commissioned yet another 660 Mw coal-based supercritical thermal power unit in Uttar Pradesh.

"Notably, in the past 15 months, BHEL has added 4,300 Mw of power generation capacity in the state of Uttar Pradesh. The commissioning of the unit will result in significant improvement of electricity availability in the state of Uttar Pradesh," the company said in a statement.

State-owned power equipment maker BHEL has bagged two renovation and modernisation (R&M) orders of hydropower plants worth Rs 430 crore, including one from NHPC.

"BHEL has secured R&M contracts of hydro electric plants (HEPs). The company has won orders worth around Rs 430 crore, for the R&M of the 6x60 MW Balimela HEP of Odisha Hydro Power Corp Ltd (OHPC) and the 3x60 MW Bairasiul HEP of National NHPC Ltd," the company said in a statement.

Bharat Heavy Electricals Limited (BHEL) shares soared as much as 16.66 per cent on Wednesday after the company posted 54.21 per cent increase in its net profit at Rs 77.77 crore for the quarter ended June 30, 2016 as compared to Rs 50.43 crore in the same quarter last year. Total income of the company jumped by 20.84 per cent to Rs 5,871.78 crore for the quarter under review from Rs 4,858.95 crore in the same quarter last fiscal. At 2.58 pm, shares of the company were trading 14.67 per cent up at Rs 158.45.

State-run BHEL on Friday said it has commissioned the fourth and last unit of the 4x40 MW Teesta Low Dam Hydro Electric Project (HEP) Stage-IV in West Bengal.

A run-of-the-river greenfield project located in Darjeeling district of West Bengal, Teesta HEP has been set up by NHPC Ltd, on the River Teesta, BHEL said in a release.

NEW DELHI: State-run BHEL has commissioned the second 500 MW thermal unit at Marwa Thermal Power Station in Chhattisgarh.

"Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned the second 500 MW (megawatt) thermal unit at Marwa Thermal Power Station in Chhattisgarh," the power equipment manufacturer said in a regulatory filing.

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