BHEL rises on commissioning two 270 MW Thermal Units in Maharashtra

17 Apr 2017 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 174.00, up by 0.60 points or 0.35% from its previous closing of Rs. 173.40 on the BSE.

The scrip opened at Rs. 173.00 and has touched a high and low of Rs. 174.60 and Rs. 172.00 respectively. So far 119554 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 180.80 on 07-Apr-2017 and a 52 week low of Rs. 113.90 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 180.80 and Rs. 172.15 respectively. The current market cap of the company is Rs. 42698.38 crore.

The promoters holding in the company stood at 63.06%, while institutions and non-institutions held 32.32% and 4.62% respectively.

BHEL has successfully commissioned two units of 270 MW at Rattanlndia Nasik Power’s 5x270 MW thermal power project, located at Sinnar in Nasik District of Maharashtra. Significantly, with the commissioning of these units, the company has commissioned eight sets for Rattanlndia in Maharashtra - 3 sets at Nasik and 5 sets at Amravati. In addition, two more 270 MW units are presently in advanced stages of completion at Nasik.

The company’s scope of work in the project envisaged design, engineering, manufacture, supply, erection and commissioning of Steam Turbines, Generators, Boilers, associated Auxiliaries and Electricals, besides state-of-the-art Controls & Instrumentation (C&I) and Electrostatic Precipitators (ESPs).

The equipment for the project was supplied by various manufacturing units of BHEL located at Trichy, Ranipet, Hyderabad, Bengaluru, Bhopal and Haridwar while the construction work was carried out by BHEL's Power Sector - Western Region.

Thermal sets of 270 MW rating are an in-house improvisation of 210/250 MW sets supplied earlier by BHEL, which today form the backbone of the Indian power sector and have been performing much above the national average as well as international benchmarks. A large number of similar sets ensure easy availability of spares and operators' familiarity. 13 sets of 270 MW rating have so far been commissioned by the company in the country.

BHEL Share Price

286.30 6.10 (2.18%)
08-May-2024 16:01 View Price Chart
Peers
Company Name CMP
BHEL 286.30
Bharat Electronics 231.70
Thermax 4714.50
Kirloskar Oil Eng 1036.85
Praj Industries 532.95
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.