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BHEL wins Rs200cr order for R&M and upratinq of Chilla HEP

Bharat Heavy Electricals Limited (BHEL) informed the exchanges that it has won an order for Renovation, Modernisation & Uprating (RM&U) of Chilla Hydro Electric Plant (HEP).

Valued at over Rs200cr, BHEL has bagged the prestigious order from Uttarakhand Jal Vidyut Nigam Limited (UJVNL) for RM&U of the 4x36MW Chilla HEP.

Located in the Pauri Garhwal district of Uttarakhand, the plant comprises four units of 36MW each, which will be uprated to 39MW each. The units at Chilla HEP have been in operation for more than 35 years and the RM&U of these units will result in upgradation of output capacity, additional generation and efficiency improvement, in addition to leading to better plant availability and life extension of equipment.

BHEL is presently executing hydroelectric Projects of more than 2,900 MW across the country, in addition to 3,184 MW abroad which includes 2,220 MW in Bhutan and 900 MW in Nepal.

Stock View:

Bharat Heavy Electricals Ltd is currently trading at Rs56.45 down by Rs0.45 or 0.79% from its previous closing of Rs56.90 on the BSE.

The scrip opened at Rs57.40 and has touched a high and low of Rs57.90 and Rs55.65 respectively. So far 1,76,31,636 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs19,812.94cr.

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