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BHEL gains on commissioning 330 MW Shrinagar Hydro Electric Project in Uttarakhand

12 Jun 2015 Evaluate

Bharat Heavy Electricals is currently trading at Rs 244.95, up by 1.70 points or 0.70% from its previous closing of Rs. 243.25 on the BSE.

The scrip opened at Rs. 242.90 and has touched a high and low of Rs. 247.15 and Rs. 242.20 respectively. So far 23879 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 299.50 on 04-Feb-2015 and a 52 week low of Rs. 195.10 on 07-Oct-2014.

Last one week high and low of the scrip stood at Rs. 253.50 and Rs. 240.30 respectively. The current market cap of the company is Rs. 59770.39 crore.

The promoters holding in the company stood at 63.06% while Institutions and Non-Institutions held 33.37% and 3.57% respectively.

Bharat Heavy Electricals (BHEL), with the successful commissioning of the fourth unit of 82.5 MW, has commissioned the 330 MW Shrinagar Hydro Electric Project (HEP) in Uttarakhand. Significantly, all the four units of this project have been commissioned in quick succession within a span of just 60 days. This achievement of BHEL comes close on the heels of the receipt of all the three awards for early completion of hydro projects, announced by the Government of India recently, where generating equipment was supplied & commissioned by BHEL.

The greenfield hydro electric project consisting of four units of 82.S MW each has been set up by Alaknanda Hydro Power Corporation (GVK Group). The project is located on the Alaknanda River (near the town of Shrinagar in Pauri Garhwal District of Uttarakhand), a major tributary of the Ganga River, a perennial river in Uttarakhand. The project is designed to utilise the waters of River Alaknanda by way of a diversion dam.

Power generation from Shrinagar HEP will result in reduction of greenhouse gas emissions and will help in achieving a low carbon development path for the state as well as the nation. BHEL’s scope of work in the project includes design, manufacture, supply, installation and commissioning of 4 units of 82.5 MW Francis Tutbines, Generators, Static Excitation System, Generator Transformer, Unit Transformer, Station Transformer, Main Inlet Valve, Digital Governors, Control & Monitoring System (SCADA), Busduct, associated station auxiliaries, 400 kV Switchyard and Electrical & Mechanical Balance of plant (BOP).

BHEL Share Price

398.00 -6.65 (-1.64%)
11-May-2026 12:22 View Price Chart
Peers
Company Name CMP
BHEL 398.00
Thermax 4591.80
Kirloskar Oil Eng 1689.20
Skipper 455.15
GMM Pfaudler 877.55
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