Bharat Heavy Electricals Ltd.’s share worth rose 2.36% after the corporate introduced a serious order win from M.P. Energy Producing Firm Ltd. On Tuesday.
The order if for the event of two large-scale supercritical thermal energy crops in Madhya Pradesh. The Notification of Award (NOA), obtained on September 29, 2025, pertains to the Engineering, Procurement and Development (EPC) works for the 1×660 MW Amarkantak Unit 6 and 1×660 MW Satpura Unit 12 thermal energy tasks.
The contract was secured by BHEL by means of aggressive open tender course of. These tasks shall be executed over a interval of 57 months from the date of award and contain complete EPC duties together with provide of kit, civil works, erection, and commissioning.
The entire worth of the contracts is estimated to be within the vary of Rs 13,000 crore to Rs 15,000 crore, excluding taxes and duties. The orders have been positioned by a home entity, and BHEL has clarified that there is no such thing as a promoter or group firm curiosity in MPPGCL. The transactions don’t fall below associated celebration offers.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be part of our rising group at nextbusiness24.com