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BHEL Commissions two units of Kaleshwaram Lift Irrigation Scheme in Telangana
Posted on 3rd May 2019
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the first two pumping units (116 MW each) of the 7x116 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana. Significantly, the pump for each unit is designed to lift 89.16 cumecs (cubic metres per second) of water by 105.5 metres.

BHEL bags orders for primary side heat exchangers from NPCIL
Posted on 1st February 2019
Against stiff competitive bidding, Bharat Heavy Electricals Limited (BHEL) has won two orders for Primary side heat exchangers from Nuclear Power Corporation of India Limited (NPCIL).

Cumulatively valued at around Rs 97 Crore, the orders envisage manufacture and supply of four moderator Heat Exchangers and 18 D2O Heat Exchangers for the 2x700 MWe Pressurised Heavy Water Reactors (PHWRs) to be installed at Gorakhpur Haryana Anu Vidyut Pariyojna (GHAVP) in Fatehabad district of Haryana.


BHEL to set up electric vehicle charging stations on Delhi-Chandigarh highway
Posted on 17th January 2019
New Delhi: State-owned Bharat Heavy Electricals Ltd (BHEL) on Thursday said it will set up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway.

"The establishment of EV chargers at regular intervals over the entire 250 km stretch between Delhi and Chandigarh would allay range-anxiety among the electric vehicle users and bolster their confidence for inter-city travel," the company said in a statement.


BHEL commissions 800 MW thermal power plant in 46 months in Telangana
Posted on 5th January 2019
NEW DELHI: State-owned BHEL said it has successfully commissioned a 800 MW thermal unit within a record time of 46 months in Telangana.

"The 800 MW set has been commissioned at Kothagudem Thermal Power Station (KTPS) of Telangana State Power Generation Corporation (TSGENCO)," Bharat Heavy Electricals Ltd (BHEL) said in a statement.


BHEL bags Rs 3.5k crore order for setting up 660 MW thermal unit in West Bengal
Posted on 31st December 2018
State-run BHEL Monday said it has bagged an order worth Rs 3,500 crore for setting up a 660 MW supercritical thermal power plant in West Bengal. The order by West Bengal Power Development Corporation (WBPDCL) entails setting up a 660 MW Sagardighi Thermal Power Project at Manigram village in Murshidabad district of West Bengal, BHEL said in a statement.

BHEL commissions 120 MW Pulichintala hydro power plant in Telangana
Posted on 12th November 2018
State-owned engineering giant BHEL said Monday that with the completion of fourth and final 30 MW unit, it has completely commissioned 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana.

The other three units of the 4x30 MW Pulichintala HEP, commissioned earlier by the BHEL have been operating successfully, BHEL said in a statement.


BHEL announces Rs 16.28 bn buyback; should you tender your shares?
Posted on 29th October 2018
Last week, Bharat Heavy Electricals (BHEL) announced a buyback of its 189.3 million equity shares (nearly 5.16 per cent of the paid up equity share capital) at Rs 86 apiece, amounting to Rs 16.28 billion. The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange (BSE).

Analysts believe investors should subscribe for the buyback offer, as the long-term outlook of the business remains a concern.


BHEL shares slump as Q2 net misses estimates
Posted on 26th October 2018
The Bharat Heavy Electrical (BHEL) stock skid 7.4% on Thursday as the company missed street earnings forecasts, even as it reported a 60.5% year-on-year (y-o-y) rise in net profit to Rs 185.2 crore for the three months to September. The company recorded a revenue of Rs 6,779.9 crore, up 6.3%, in Q2FY19. Analysts had estimated that BHEL’s profit in the quarter would be in the range of Rs 220-236 crore.

BHEL flags off its first 6K HP electric locomotive
Posted on 18th September 2018
Expanding its footprints in the transportation sector, state-run engineering major BHEL Monday flagged off its first 6,000HP electric locomotive from its Jhansi plant.

“As part of its diversification initiatives, Bharat Heavy Electricals Ltd (BHEL) has flagged off of its first 6,000HP electric locomotive (Type WAG-9H),” a company statement said.


India Inc Q1 results off to a good start: Weak base, one-offs make numbers look better than they really are
Posted on 30th July 2018
While the headline numbers suggest earnings season has got off to a good start the headline numbers mask the favourable base effect, the many one-offs and several accounting changes. Nonetheless, corporate India has done reasonably well in the three months to June rebounding smartly — as the increased volumes show — from the weak Q1FY18 which was the pre-GST quarter.

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