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REC PDCL Board approves JV with BHEL for RE development

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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…

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BHEL invites bids for consultancy across five thermal power projects

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Bharat Heavy Electricals Limited (BHEL) issued a tender on April 23, 2025, for engaging a project management consultancy (PMC) firm for five thermal power projects. Bids have been invited in two packages, with a submission deadline of May 5, 2025. Package I covers three sub-packages: Package A includes the 800 MW Deen Bandhu Chhotu Ram Power Expansion Project in Yamunanagar, Haryana. Developed by Haryana Power Generation Corporation Limited (HPGCL), the Rs 69 billion project will…

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Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project

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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…

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BHEL wins Rs 67 billion contract for Singareni Stage-II project

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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,…

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BHEL wins Rs 62 bn contract for Raghunathpur thermal power plant

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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…

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BHEL and Reliance Power report earnings growth in Q3 FY25

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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,…

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BHEL and ONGC sign MoU for renewable energy projects

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Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector.  The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission.  The collaboration aims to leverage the expertise of both entities to drive innovations in the clean energy ecosystem.  The MoU signing ceremony was…

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BHEL emerges as L1 bidder for EPC contract for Amarkantak thermal power expansion project

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Bharat Heavy Electricals Limited (BHEL) has emerged as the lowest bidder (L1) for the engineering, procurement, and construction (EPC) package of the Amarkantak Thermal Power Expansion Project.  Madhya Pradesh Power Generating Company Limited (MPPGCL) invited bids for the project in February 2024, and BHEL quoted Rs 89.98 billion. The project involves developing a 660 MW supercritical unit at Chachai in Anuppur district, Madhya Pradesh, replacing the decommissioned 290 MW units from Phases I and II.  

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Telangana inaugurates Unit 2 of Damaracherla Power Project

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The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project. The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW.  

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BHEL awards contract for Kodayar Power House renovation

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Bharat Heavy Electricals Limited (BHEL) has awarded a Rs 52.28 million contract to  PK Unique Projects Pvt. Ltd., Chennai, for civil, structural, and architectural works, including supply, as part of the renovation, modernization, and uprating of Kodayar Power House I in Tamil Nadu. The project, under the Tirunelveli Generation Circle, will enhance the plant’s capacity from 1×60 MW to 1×70 MW. The contract was finalized through an open tender process and is scheduled for completion…