Bharat Heavy Electricals Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BHEL · price
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Awaiting price reaction for this filing.
BHEL has received a Letter of Award from Adani Power Ltd. for the supply of Steam Turbine Generators along with auxiliaries and supervision of erection and commissioning for six thermal units of 800 MW each (total 4,800 MW). The total order value is approximately ₹6,500 crore excluding GST. The order is domestic in nature and is not a related party transaction, as Adani Power is not part of BHEL's promoter or group companies. Execution timeline will follow Adani Power's project requirements. This is one of BHEL's significant single-order wins, likely representing a meaningful share of its annual revenue base.
This ₹6,500 crore order win strengthens BHEL's order book meaningfully and provides visibility on revenue over the coming years. For shareholders, it signals continued demand from private power players and reinforces BHEL's position in the thermal equipment segment, which is likely to be viewed positively by the market.