The Exchange has sought clarification from Bharat Heavy Electricals Limited with respect to recent news item captioned Centre relaxes Land Border norms for BHEL tenders.. The response from the Company is attached.
BHEL · price
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BHEL confirmed that the Department of Expenditure (DoE), Ministry of Finance has granted a 5-year relaxation to the company under Rule 144(xi) of the General Financial Rules (GFR), allowing procurement of 21 specified items from entities in countries sharing land borders with India. This relaxation was issued via an Office Memorandum dated 27.03.2026. BHEL clarified that there were no negotiations, but it had provided relevant inputs to its Administrative Ministry on 06.01.2026 following a query from DoE dated 31.12.2025. The company stated it is not aware of any undisclosed information that could explain unusual trading activity, and is currently examining the impact on competitive intensity of future procurement for these items.
This relaxation should give BHEL more flexibility and potentially lower costs in sourcing 21 critical items, which could improve operational efficiency and margins over the next five years. The stock may see a positive reaction, though the exact financial benefit remains to be assessed by the company.