Announced Fri, 17 Apr · 17:54 IST
BHEL withdraws acceptance of 1x800 MW Anuppur LOI from MB Power
BHEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹316.21
prior close
₹318.53
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+2.6+2.3+2.3+5.0+5.6+6.9+6.7+10.7+9.1+24.1+29.3+30.2+32.0
Up moveDown movePending
AI summary
BHEL has withdrawn its acceptance of a Letter of Intent (LOI) from MB Power (Madhya Pradesh) Ltd for supplying equipment (Boiler, Turbine, Generator) for the 1x800 MW Anuppur Thermal Power Project. The original LOI, dated 3 September 2025, could not be converted into a formal contract despite multiple discussions and timeline extensions, per LOI terms. BHEL formally informed the customer of the withdrawal at 1636 hrs on 17 April 2026.
Likely market impact
Removes a large 1x800 MW order from BHEL's pipeline; may weigh on order book and near-term revenue visibility.