State-run Bharat Heavy Electricals Ltd (BHEL) Monday said it has won three orders worth Rs 520 crore for setting up solar photovoltaic (SPV) power plants with a combined capacity of 135 mega watt (MW) in Maharashtra and Gujarat.
"Cumulatively valued at Rs 520 crore, the orders have been secured from Maharashtra State Power Generation Company, (MAHAGENCO), Gujarat State Electricity Corporation (GSECL) and Gujarat Narmada Valley Fertilizers and Chemicals, (GNFC)," BHEL said in a statement.
For its superlative performance, Bharat Heavy Electricals Limited (BHEL) has been awarded the Dalal Street Investment Journal (DSIJ) Award 2018 for the ‘Fastest Growing Maharatna of the year — Manufacturing’, in the country.
An independent jury unanimously selected BHEL for the recognition in the manufacturing category based on outstanding profit and Earnings Per Share (EPS) growth.
As a result of strategic initiatives taken, Bharat Heavy Electricals Limited (BHEL) has registered quantum growth in its profitability and entered several new business areas in fiscal 2018-19, ending the year with significant traction in growth drivers. The continued commitment and efforts to deliver on its purpose — to help in building a New BHEL, and a New India, have resulted in the company continuing on the path of improved performance.
Shares of Bharat Heavy Electricals Limited (BHEL) surged as much as 4.13 per cent in the afternoon trade on Monday after the company reported a 49 per cent year-on-year (YoY) rise in its net profit at Rs 682.70 crore against Rs 457.17 crore logged in the year-ago period.
At 01:07 pm, the stock was trading at Rs 71.10, up 3.04 per cent on the BSE against 0.77 per cent rise in the S&P BSE Sensex at 39,740 level.
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.
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.
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.
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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