BHEL Secures 1600 MW Power Plant Order: Bharat Heavy Electricals Limited (BHEL) has taken a significant step to meet the growing energy demands in the country. The company has recently received an order for a 1600 MW supercritical thermal power plant from Damodar Valley Corporation. This project will be set up in the Koderma district of Jharkhand. BHEL’s achievement has also led to a surge in the company’s stock market performance.
Highlights
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- BHEL receives a 1600 MW thermal power plant order from Damodar Valley Corporation.
- The power plant will be established in Koderma district, Jharkhand.
- The order was secured through international competitive bidding.
- BHEL’s market cap stands at ₹1,05,228 crores.
- The company’s share price has increased by 424.96% in the last 5 years.
Important Points about BHEL
| Points | Details |
|---|---|
| Company Name | Bharat Heavy Electricals Limited (BHEL) |
| Project Name | 1600 MW Supercritical Thermal Power Plant |
| Location | Koderma, Jharkhand |
| Order Secured Through | International Competitive Bidding |
| Market Cap | ₹1,05,228 crores |
| Share Growth | 424.96% increase in the last 5 years |
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Table of Contents
BHEL Secures 1600 MW Thermal Power Plant Order
In response to the growing energy demands in the country, Bharat Heavy Electricals Limited (BHEL) has taken a significant step forward. The company has secured an order for a 1600 MW supercritical thermal power plant from Damodar Valley Corporation. This order was secured through international competitive bidding, and the power plant will be set up in the Koderma district of Jharkhand.
About BHEL
BHEL is a leading Indian company operating in the power and industrial sectors. The company specializes in the construction and operation of thermal, gas, hydro, and nuclear power plants. Additionally, BHEL supplies equipment for various industries, including transportation, transmission, defense and aerospace, renewable energy, downstream oil and gas, energy storage, electric mobility, and petrochemicals.
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BHEL’s Market Position
BHEL’s market cap stands at ₹1,05,228 crores, with the company’s share price at ₹298.70. In the past 52 weeks, the company’s share price has reached a maximum of ₹335.35 and a minimum of ₹97.50. Over the last 5 years, the company’s share price has seen a significant increase of 424.96%.
Significance of the New Order
This new order received by BHEL is a testament to the company’s technical capabilities and high-quality services. The company will execute this project on an Engineering, Procurement, and Construction (EPC) basis. The establishment of this project will enhance energy production in the Koderma district of Jharkhand and boost the local economy.
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Project Benefits
This project will help meet the growing energy demands in the country. With rising temperatures and industrialization, there has been a significant increase in energy demand, making such thermal power projects essential.
BHEL’s Contribution to Other Projects
BHEL has successfully completed several major projects in the past. The company has made a name for itself in the thermal power, gas, hydro, and nuclear energy sectors. BHEL’s engineering and construction expertise have earned it global recognition.
FAQs
What is BHEL?
BHEL, or Bharat Heavy Electricals Limited, is an Indian public sector company primarily engaged in the power and industrial sectors.
What new order has BHEL received?
BHEL has received an order for a 1600 MW supercritical thermal power plant from Damodar Valley Corporation.
Where will the power plant be established?
The power plant will be established in the Koderma district of Jharkhand.
What is BHEL’s market cap?
BHEL’s market cap is ₹1,05,228 crores.
How has BHEL’s share performed recently?
BHEL’s shares have seen a growth of 424.96% over the last 5 years, 434.83% in 3 years, 189.86% in 1 year, 37.75% in 6 months, and 8.9% in 3 months.
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Final Take Away
This new project not only boosts BHEL’s reputation but also helps meet the country’s energy needs. BHEL’s market cap and share growth are indicators of the company’s stability and development potential.
