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BHEL secures order worth Rs.3,500 cr from Adani Power for Raipur TPP project

BHEL specified that the boiler and turbine generator would be manufactured at its Trichy and Haridwar plants, respectively

PGurus Newsdesk

June 6, 2024

BHEL specified that the boiler and turbine generator would be manufactured at its Trichy and Haridwar plants, respectively

BHEL shares zoom 10% on securing thermal power project from Adani Power

The Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has secured an order worth over Rs.3,500 crore from Adani Power Limited to set up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh. The order’s total worth exceeds Rs.3,500 crore, excluding GST.

“Bharat Heavy Electricals Limited (BHEL) has received an order from Adani Power Ltd (APL) for setting up the 2×800 MW TPP at Raipur, Chhattisgarh,” the public sector giant said in a regulatory filing.

“The nature of the order is the supply of equipment – boiler, turbine generator, and associated auxiliaries along with control and instrumentation and supervision of erection and commissioning,” BHEL said.

Boiler and turbine generator are to be manufactured at BHEL’s Trichy and Haridwar plants, respectively, the company added.

Shares of State-owned Bharat Heavy Electricals Ltd (BHEL) soared up 9.99 percent at Rs.280.75 per share on the BSE in Thursday’s intra-day deals.

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