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BHEL Accepts Rs 2,600 Crore Letter of Intent From MB Power for 800 MW Anuppur Equipment Supply

Exchange penalties contrast with relief from a dropped GST notice, shaping near-term risk.

Overview

  • The package covers boiler, turbine, generator plus auxiliaries, controls and instrumentation for a supercritical 1x800 MW unit at Anuppur.
  • BHEL will produce the equipment at its Trichy and Haridwar plants with a supply schedule of 58 months.
  • The estimated order value is about Rs 2,600 crore excluding GST, awarded by a domestic counterparty with no promoter or group interest link.
  • BSE and NSE levied penalties of Rs 5,36,900 each over board composition non-compliance, and BHEL has requested a waiver.
  • CGST Dehradun dropped a Rs 31.2 crore show-cause notice, while the stock logged a modest gain of roughly 0.8% after the announcement.