Against stiff competition, Bharat Heavy Electricals Limited (BHEL) has secured a prestigious order for erection work of reactor side equipment of 2x1000 MWe (Units 3&4) Kudankulam Nuclear Power Project in Tamil Nadu, being set up under foreign cooperation (Russia).
Valued at Rs.486 Crore, the order has been placed on BHEL by Nuclear Power Corporation of India Ltd (NPCIL).
Significantly, for the same project, BHEL had earlier secured an order for erection work of Turbine Generator (TG) island. BHEL has also successfully executed the erection work of TG island for Units 1&2 at Kudankulam.
Notably, this is the first time BHEL is lending its capabilities for erection of reactor side equipment manufactured by another supplier. With this, the company has expanded its footprint in the nuclear sector.
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.63.6 as compared to the previous close of Rs. 63.95. The total number of shares traded during the day was 531912 in over 1412 trades.
The stock hit an intraday high of Rs. 64.5 and intraday low of 63.35. The net turnover during the day was Rs. 33993127.