BHEL secures Rs 6,650 crore EPC order for Darlipali Stage-II project

Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award from NTPC Limited for executing the 1×800 MW Darlipali Supercritical Thermal Power Project Stage-II in Odisha’s Sundargarh district. The engineering, procurement, and construction (EPC) contract is valued at over Rs 6,650 crore, excluding GST.

The order was issued on November 6, 2025, following an international competitive bidding process. The scope of work includes design, engineering, equipment supply, erection, commissioning, and civil works. The project is scheduled for completion within 48 months from the date of the award.

NTPC’s board approved the investment for the expansion in September 2024. A public hearing in November 2024 drew local opposition over potential land and environmental impacts. As of June 2025, NTPC had not yet secured the Environmental Clearance for the new unit. The Expert Appraisal Committee recommended the clearance for Phase II Unit 3 in September 2025.

BHEL has reported a standalone net profit of Rs 3.68 billion for the second quarter of FY26, compared to Rs 970 million in the same quarter last year. Revenue increased 14 per cent year-over-year to Rs 75.12 billion. The company also returned to profitability sequentially, posting a net profit of Rs 3.75 billion in the September quarter against a loss of Rs 4.55 billion in the June quarter.