BHEL surges on commissioning 800 MW supercritical thermal plant in record time

Bharat Heavy Electricals Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 500103 | NSE: BHEL

07 Jan 2019 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 72.70, up by 1.35 points or 1.89% from its previous closing of Rs. 71.35 on the BSE.

The scrip opened at Rs. 72.50 and has touched a high and low of Rs. 72.95 and Rs. 72.10 respectively. So far 495107 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 108.00 on 23-Jan-2018 and a 52 week low of Rs. 61.55 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 74.75 and Rs. 70.10 respectively. The current market cap of the company is Rs. 26544.22 crore.

The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.34% and 5.60% respectively.

Bharat Heavy Electricals (BHEL) has successfully commissioned 800 MW thermal unit within a record time of 46 months. This is a marked improvement over the time taken in commissioning of 800 MW sets till date in the country by various developers. Following the successful commissioning in record time by BHEL, the power plant has attained commercial operation.

The 800 MW set has been commissioned at Kothagudem Thermal Power Station (KTPS) of Telangana State Power Generation Corporation (TSGENCO). The company has executed this project on Engineering, Procurement and Construction (EPC) basis, which includes design, engineering, manufacture, supply, civil works and erection & commissioning of Steam Turbines, Generators, Boiler and associated Auxiliaries and electricals, besides state-of-the-art controls & instrumentation (C&I), Electrostatic precipitators (ESPs) and Balance of Plant (BoP) packages.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.