Bharat Heavy Electricals Limited (BHEL) has secured a Letter of Award (LoA) worth Rs 65 billion for supplying Steam Turbine Generator (STG) equipment and supervising erection and commissioning (E&C) for a 4,800 MW thermal power project by Adani Power Limited (APL). The award, issued on June 27, 2025, covers six units of 800 MW each.
The Board of Directors of REC Power Development and Consultancy Limited (REC PDCL) has approved the formation of a joint venture company with Bharat Heavy Electricals Limited (BHEL) for renewable energy (RE) development in India. Both companies will hold equal stakes in the new joint venture. The announcement follows the Memorandum of Understanding (MoU) signed on March 15, 2024. The JV will develop renewable energy power projects and other power and infrastructure projects across the…
Rajasthan Part I Power Transmission, a subsidiary of Adani Energy Solutions, has awarded a major contract to a consortium of Hitachi Energy and Bharat Heavy Electricals Limited (BHEL) for the development of a high-voltage direct current (HVDC) transmission system. The project will support evacuation of 6 GW of renewable energy from the Bhadla renewable energy zone in Rajasthan to Fatehpur in Uttar Pradesh. The ±800 kV, 950 km bi-pole, bi-directional HVDC transmission line falls under…
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Chhattisgarh State Power Generation Company Limited (CSPGCL) for the engineering, procurement, and construction (EPC) package of the 2×660 MW Korba West Supercritical Thermal Power Plant (STPP). The LoI was issued on March 27, 2025. The project is an expansion of the existing Hasdeo Thermal Power Plant in the Korba district. The contract includes the supply of supercritical equipment such as boilers, turbines,…
Bharat Heavy Electricals Limited (BHEL) has secured a major contract from Gujarat State Electricity Corporation Limited (GSECL) for the expansion of the Ukai thermal power station in Tapi district, Gujarat. The company received a letter of intent (LoI) for the engineering, procurement, and construction (EPC) package of the 1×800 MW extension unit 7. The contract, valued at approximately Rs 75 billion, includes the supply, erection, testing, and commissioning of the boiler, turbine, generator, and associated…
The Delhi High Court has upheld a Rs 1.15 billion arbitration award in favor of Bharat Heavy Electricals Limited (BHEL) in a dispute with RattanIndia Power Limited over the Nasik Thermal Power Project Phase I. The ruling, delivered on March 6, 2025, reinforces BHEL’s claim, including an 18% annual interest from 30 days after the original award date of July 27, 2017. The project, implemented by RattanIndia Nasik Power Limited (RNPL), a special purpose vehicle…
Singareni Collieries Company Limited (SCCL) and Bharat Heavy Electricals Limited (BHEL) have signed an agreement for the Adilabad Coal-Based Power Project Stage II. The deal was finalized on March 11, 2025. Under the agreement, BHEL will handle civil works and supply key equipment, including boilers, turbines, and generators. The project, expected to be completed in 40 months, will add an 800 MW unit to the existing 1,200 MW power plant at Pegadapalli in the Mancherial…
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) worth Rs 67 billion from Singareni Collieries Company Limited (SCCL) for the engineering, procurement, and construction (EPC) package of the 1×800 MW Singareni Stage-II project, also known as the Adilabad Coal-Based Power Project Stage II. SCCL re-invited bids for the project in March 2024 after the initial invitation in November 2022. The contract involves the supply, erection, testing, and commissioning of the boiler,…
Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP), flue gas desulphurization (FGD) systems, ash handling…
Bharat Heavy Electricals Limited (BHEL) posted a net profit of Rs 1.35 billion for the quarter ending December 2024, marking a 125 per cent increase from Rs 0.60 billion in the same quarter last year. The company’s total income rose by 31.87 per cent to Rs 73.85 billion, compared to Rs 56 billion in the corresponding period of the previous year. Reliance Power Limited reported a net profit of Rs 0.42 billion for the quarter,…