BHEL wins Rs. 750 crore order for emission control systems
Government of India enterprise BHEL announced that it won order worth Rs. 750 crore for Emission Control System from BRBCL, on Thursday.
Bharat Heavy Electricals (BHEL) won the order for emission control equipment from Bhartiya Rail Bijlee Company (BRBCL), a joint venture of NTPC and Indian Railways. Valued at about Rs. 750 crore, the order involves supply and installation of Flue Gas Desulphurization (FGD) system at 4x250 MW Nabinagar project of BRBCL in Aurangabad district of Bihar. As one of the major player in emission control equipment, BHEL is presently building FGD systems for 27 units of NTPC and for its joint ventures.
BHEL is currently going through a total revamp of its projects and approach. The company recently also notified that it completed one of its projects in record time. It commissioned 800 MW supercritical thermal plant at Kothagudem Thermal Power Station (KTPS), Telangana. Further, the company also has got new orders which reflects the confidence shown by its clients.
On Thursday, the stock touched its intraday high of Rs. 64.45 per share. It closed lower by 0.23 per cent at Rs. 63.95 on BSE. While Sensex closed down by almost 350 points at 38,870.