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1h ago

BHEL Wins ₹6,650-Crore NTPC EPC Order for 800 MW Darlipali Unit

The win follows a sharp Q2 profit beat, with attention turning to BHEL’s capacity to deliver within 48 months.

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BHEL wins Rs 6,650-crore order for Odisha power project, more details
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Overview

  • NTPC awarded BHEL an EPC contract for the 1x800 MW Darlipali Supercritical Thermal Power Project Stage II in Sundargarh, Odisha.
  • The scope covers design, engineering, equipment supply, commissioning, and all civil works.
  • BHEL has communicated a 48-month schedule for project completion.
  • The stock rose 1.5% to ₹264 in early trade, putting the company’s market value near ₹91,438 crore.
  • Recent Q2 results showed net profit of ₹368 crore on revenue of ₹7,511 crore, with EBITDA at ₹580.8 crore and a 7.7% operating margin, beating estimates.