SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bharat Heavy Electricals (BHEL) has secured contract worth Rs 125 crore for setting up a 120 MW Hydro Electric Project (HEP) in the state of Uttarakhand. Significantly, this is the first major order for electro-mechanical equipment in the hydro sector, to be finalized by a Govt. utility company in Uttarakhand, after the devastating flash floods.

The order for setting up Hydro Generating sets and associated Electro-Mechanical Works for the 120 MW Vyasi HEP has been placed on BHEL by Uttarakhand Jal Vidyut Nigam (UJVNL), as its offer was found techno-economically the best. The order comes close on the heels of the hydro order bagged by BHEL for the 206 MW Shahpur Kandi HEP from Punjab State Power Corporation (PSPCL) in January, 2014.

Located in Dehradun district of Uttarakhand, the Vyasi HEP is a run of the river scheme on the river Yamuna. Water from the Vyasi reservoir will be diverted by constructing an 86 m high dam through a 2.7 Km long head race tunnel to the surface power house at Hathiari village. The project comprises two hydro generating sets of 50 MW each with vertical Francis turbines.

BHEL’s scope of work in the contract envisages design, manufacture, supply, installation and commissioning of hydro generating sets and associated electro mechanical works. While the hydro generating sets shall be supplied by BHEL’s Bhopal unit, the transformers and Control & Monitoring system will be supplied by the company's Jhansi unit and Electronics Division, Bangalore, respectively. The erection & commissioning of the equipment shall be carried out by BHEL’s Power Sector - Northern Region (PS-NR).

BHEL Share Price

329.55 3.95 (1.21%)
21-Apr-2026 12:25 View Price Chart
Peers
Company Name CMP
BHEL 329.55
Thermax 4025.00
Kirloskar Oil Eng 1657.00
Skipper 469.85
GMM Pfaudler 924.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×