Against stiff competition, BHEL has secured a prestigious order for the erection work of the upcoming 2x1000 MWe Turbine Generator (TG) island Units 3&4 at Kudankulam Nuclear Power Project in Tamil Nadu being set up with foreign cooperation (Russia).
Valued at over Rs.440 Crore, the order has been placed on BHEL by Nuclear Power Corporation of India Limited (NPCIL).
Significantly, for the same project, BHEL has also emerged as the lowest bidder for erection of the Reactor side equipment.
Earlier, BHEL has successfully executed the erection work of TG island for Units 1&2 at Kudankulam, showcasing its capability in efficiently erecting equipment designed and manufactured by other suppliers.
BHEL is an established EPC leader for both thermal and nuclear power projects. 12 out of 18 operating Pressurized Heavy Water Reactors (PHWRs) in the country are equipped with BHEL-supplied steam turbine generator sets, accounting for 74% of the installed capacity. BHEL is also currently executing turbine generator packages for 4 units of 700 MWe, 2 units each at Kakrapar and Rawatbhata.
BHEL has dedicated infrastructure and skilled manpower to address the special design, manufacturing and testing requirements complying with International Codes and Standards for various components/equipment of nuclear power plants. The company has proved its capability as a designer and manufacturer of both primary and secondary side equipment for nuclear power projects and is closely associated in all the three stages of the nuclear power program of the country.
Shares of BHARAT HEAVY ELECTRICALS LTD. was last trading in BSE at Rs.68.2 as compared to the previous close of Rs. 68.25. The total number of shares traded during the day was 1131971 in over 2060 trades.
The stock hit an intraday high of Rs. 69.55 and intraday low of 67.95. The net turnover during the day was Rs. 77550050.