BHEL Shares Rise 3.48% After Securing Rs.7,500 Crore EPC Contract from GSECL

Summary:

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) from Gujarat State Electricity Corporation Limited (GSECL) for the EPC package of the 1x800 MW Ukai Extension Unit No. 7 Thermal Power Station (TPS) in Tapi District, Gujarat. The contract includes supply, erection, commissioning, and civil works. The order is valued at approximately Rs.7,500 crore (excluding taxes & duties).

Stock Performance:

  • The stock surged 3.48% intraday, reaching a high of ₹213.65 following the announcement.
  • Market Cap : Rs.74,098.31 Cr.

Key Data Points:

  • Company: Bharat Heavy Electricals Limited (BHEL)
  • Order Value: Rs7,500 crore (excluding taxes & duties)
  • Client: Gujarat State Electricity Corporation Limited (GSECL)
  • Project: 1x800 MW Ukai Extension Unit No. 7 Thermal Power Station (TPS)
  • Location: Tapi District, Gujarat
  • Scope of Work:
    • Supply of Equipment: Boiler, Turbine, Generator, and associated auxiliaries
    • Balance of Plant (BoP) Packages
    • Erection & Commissioning
    • Civil Works

About the Company:

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, transmission, Industry, transportation, renewable energy, Oil & Gas and defence. It is the flagship engineering and manufacturing company of India owned and controlled by the Govt. of India.

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