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BHEL gains on bagging contract worth Rs 4,051 crore through ICB from OPGC

29 Apr 2013 Evaluate

BHEL is currently trading at Rs. 190.00, up by 1.10 points or 0.58% from its previous closing of Rs. 188.90 on the BSE.

The scrip opened at Rs. 189.55 and has touched a high and low of Rs. 190.80 and Rs. 189.55 respectively. So far 16,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 272.45 on 05-Oct-2012 and a 52 week low of Rs. 174.50 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 194.50 and Rs. 186.45 respectively. The current market cap of the company is Rs. 46,504.00 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 27.17% and 5.11% respectively.

Power equipment maker Bharat Heavy Electricals (BHEL) has won a contract worth Rs 4,051 crore through international competitive bidding (ICB) from Odisha Power Generation Corporation (OPGC). Both OPGC and BHEL have inked a contract for the same where the latter will supply equipment and set up OPGC’s 1,320 MW main plant. The BTG (boiler, turbine and generator) supply and installation agreement was signed by AES Corporation managed OPGC and BHEL.

The job work involves supply of the main plant (boiler, turbine and generator) at an all inclusive firm price of Rs 3,748.94 crore and erection of the main plant at Rs 302.06 crore. The 2X660 MW project would be completed by March, 2017.

BHEL has been committed to the nation’s power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower.

BHEL Share Price

332.70 7.10 (2.18%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 332.70
Thermax 4119.95
Kirloskar Oil Eng 1662.75
Skipper 465.30
GMM Pfaudler 917.65
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