BHEL bags orders worth Rs 2,900 crore
Bharat Heavy Electricals (BHEL) has bagged four orders for emission control equipment from NTPC. Valued at about Rs. 2,900 crore, these orders involve supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at NTPC's 3x660 MW North Karanpura, 2x500 MW Mauda Stage-I, 3x660 MW Barh Stage-I and 2x660 MW Barh Stage-II power projects.
With these orders, BHEL is presently executing FGD systems for 17 units of NTPC and its JVs, other projects being 3x250 MW Bongaigaon, 2x490 MW National Capital Power Station (NCPS) at Dadri and 2x660 MW Maitree in Bangladesh. Overall, BHEL has contracted FGD orders for 32 units from various customers till date.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
On Tuesday, the stock of BHEL opened at Rs. 70.30 per share and touched a high/low of 71.50/68.10 and the stock closed at Rs. 69.80 per share.