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50m ago

BHEL Bags Rs 13,000–15,000 Crore EPC Deal From MPPGCL, Gets GST Appeal Win

The projects carry a 57-month schedule after a competitive tender, reinforcing the PSU’s expanding power pipeline.

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Overview

  • Award covers EPC for 1x660 MW Amarkantak Unit 6 and 1x660 MW Satpura Unit 12 supercritical thermal projects in Madhya Pradesh.
  • Scope includes supply of equipment, civil works, erection and commissioning, with execution over 57 months from the date of award.
  • BHEL said the packages were won through an open tender by a domestic counterparty and are not related-party transactions.
  • The company received the notification of award on September 29, 2025, with the contracts estimated at Rs 13,000–15,000 crore excluding taxes and duties.
  • In a separate filing, the Hyderabad appeals authority set aside a March GST demand of Rs 10.76 crore plus Rs 1.07 crore penalty and Rs 7.74 crore interest; shares rose up to 2.36% intraday.