State-run BHEL on Wednesday said it has commissioned another 520 MW coal-based power generating unit in Andhra Pradesh.

The unit has been commissioned at the 2x520 MW Vizag thermal power project of Hinduja National Power Co Ltd (HNPCL), Visakhapatnam, Bharat Heavy Electricals Limited said in a statement.

Shares of power equipment maker BHEL fell by 5 per cent after the company’s standalone net profit declined 59.5 per cent in the fourth quarter ended March 31, 2015-16.

The company’s result came post market hours on Friday.

The slowdown in the capital goods industry has pushed Union government-controlled Bhel (Bharat Heavy Electricals Ltd) into its first-ever annual loss of Rs 896 crore for the year ended March. It had recorded a profit of Rs 1,452 crore in 2014-15.

On stand-alone basis, its net profit declined 60 per cent to Rs 359.6 crore for the quarter ended March, against Rs 888 crore in 2014-15, on lower income from operations. Total income from operations fell 21.5 per cent to Rs 10,005 crore during January-March 2016 compared to Rs 12,745 crore a year ago. Total expenses decreased to Rs 9,884 crore, over Rs 11,345 crore a year ago.

State-run BHEL today said it has commissioned the first 800 mw supercritical thermal unit in Raichur, Karnataka.

The unit has been commissioned at the 2x800 MW Yeramarus Thermal Power Station (TPS) located in Raichur district of Karnataka, Bharat Heavy Electricals Limited (BHEL) said in a statement.

State-owned BHEL today said it has commissioned a 250 mw thermal unit in Maharashtra.

The unit has been commissioned at Parli Thermal Power Station (TPS), located in Beed district in the Marathwada region of Maharashtra, Bharat Heavy Electricals Limited (BHEL) said in a BSE filing.

Bharat Heavy Electricals Limited (BHEL) on May 14, 2016 commissioned a 660 MW supercritical thermal unit at Mouda Super Thermal Power Station (STPS) at Mouda in Nagpur district of Maharashtra. The order for setting up two coal-based thermal units of 660 MW was placed with BHEL by NTPC Ltd.

While the first unit has been commissioned, work on the other 660 MW unit is also in an advanced stage. Notably, BHEL has earlier set up two units of 500 MW each at Mouda STPS, which are in operation.

State-run Bharat Heavy Electricals Ltd on Friday announced the commissioning of a 500 Mw thermal unit in Jharkhand.

"(Bhel) has added another coal-based power plant to the grid by successfully commissioning a 500 Mw thermal unit in Jharkhand," the company said in a statement.

State-run Bharat Heavy Electricals Ltd (BHEL) today announced the commissioning of a 600-Mw coal-based thermal power plant in Madhya Pradesh.

"The unit has been commissioned at the 1x600 Mw Jhabua Thermal Power Project (TPP) located in Seoni district in Madhya Pradesh," BHEL said in a release.

Shares of Bharat Heavy Electricals Ltd (Bhel), the state-owned power equipment firm, continued to rise, though its flash results declared last week showed a pathetic performance. The Rs.877 crore net loss for fiscal year 2016 was not only the decade’s first, but was steeper than what the Street expected. Further, it comes after a net profit of Rs.1,419 crore posted a year ago.

Perhaps the stock’s momentum is on the back of the 43% jump in order inflows for the full year. This implies a 51% rise in quarterly inflows.

Bharat Heavy Electricals Limited (BHEL) has moved higher by 5% to Rs 120, bouncing back 6% from intra-day’s low on BSE, as the company is likely to post net profit of around Rs 400 crore in January-March (Q4FY16) after reporting a net loss in previous two quarters.

BHEL said that it has posted a net loss of Rs 877 crore for the year ended March 31, 2016 (FY16) as compared to net profit of Rs 1,419 crore in previous year, as per provisional data provided by the company to exchanges.

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