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BHEL rises on commissioning third 250 MW Advanced Class Gas Turbine in New Delhi

05 Jul 2012 Evaluate

BHEL scrip is currently trading at Rs. 235.95, up by 2.95 points or 1.27% from its previous closing of Rs. 233.00 on the BSE.

The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 237.00 and Rs. 233.00 respectively. So far 2, 55,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 405.00 on 26-Jul-2011 and a 52 week low of Rs. 197.80 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 237.00 and Rs. 223.65 respectively. The current market cap of the company is Rs. 57,751 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 26.33% and 5.95% respectively.

Bharat Heavy Electricals (BHEL) has successfully commissioned the third 250 MW Advanced Class Gas Turbine at the 1,500 MW Pragati-III Combined Cycle Power Plant, coming up at Bawana in New Delhi. With this, a total of 1,000 MW is now available for feeding power to the grid from this station. Significantly, the full load operation of the unit has been achieved within a day of unit getting synchronized. With this, BHEL has commissioned 2,250 MW in the first quarter of the current fiscal (2012-13).

BHEL had won the turnkey contract for setting up the Gas Turbine-based CCPP against International Competitive Bidding (ICB) from Pragati Power Corporation (PPCL). BHEL has earlier set up on turnkey basis, the 330 MW Pragati CCPP in Delhi, which has been performing exceedingly well since commissioning.

BHEL's scope of work in the present project envisages design, engineering, manufacture, supply, erection and commissioning of four Frame 9FA Gas Turbine Generator sets, two Steam Turbine Generator sets and four Heat Recovery Steam Generators with state-of-the-art Controls and Instrumentation (C&I), associated auxiliaries and balance of plant, in addition to complete civil works and spares. 

BHEL Share Price

316.70 7.65 (2.48%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
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