BHEL to set up electric vehicle charging stations on Delhi-Chandigarh highway
Posted on 17th January 2019 |
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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. |
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BHEL commissions 800 MW thermal power plant in 46 months in Telangana
Posted on 5th January 2019 |
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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. |
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BHEL bags Rs 3.5k crore order for setting up 660 MW thermal unit in West Bengal
Posted on 31st December 2018 |
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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. |
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BHEL commissions 120 MW Pulichintala hydro power plant in Telangana
Posted on 12th November 2018 |
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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. |
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BHEL announces Rs 16.28 bn buyback; should you tender your shares?
Posted on 29th October 2018 |
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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. |
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BHEL shares slump as Q2 net misses estimates
Posted on 26th October 2018 |
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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. |
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BHEL flags off its first 6K HP electric locomotive
Posted on 18th September 2018 |
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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. |
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BHEL net up 93% to Rs155.6 crore in Q1
Posted on 26th July 2018 |
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Bharat Heavy Electricals (BHEL) on Wednesday reported a net profit of `155.6 crore, up 92.6% year-on year (y-o-y), for the three months to June. The profits come off a low base and were below analysts’ estimates. The company recorded a revenue of Rs 5,790 crore, up 8%, in Q1FY19. Earnings before interest taxes depreciation and amortisation (Ebitda) was `288 crore while the Ebitda margin was 4.9%. |
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BHEL Q1 net profit nearly doubles to over Rs 155 crore
Posted on 25th July 2018 |
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New Delhi: Power equipment maker BHEL on Wednesday posted about 93 per cent jump in standalone net profit to Rs 155.58 crore in the first quarter of current fiscal on higher revenues. Its net profit was Rs 80.82 crore in the April-June quarter of last fiscal, 2017-18, the company said in BSE filing. |
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