Bharat Heavy Electricals Limited (BHEL) has secured a significant ₹13,500 crore order from NTPC Limited for the main plant package of the 3×800 MW Telangana Stage-II supercritical thermal power project. The development was disclosed in an exchange filing on Monday, March 30.
The project in the Peddapalli district is connected to the Notification of Award (NOA). This order strengthens BHEL’s strong position in the domestic power equipment manufacturing sector and shows that investments in thermal power infrastructure will keep happening.
Comprehensive Scope of Work
As part of the contract, BHEL will undertake a wide-ranging scope of activities, including design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant package. The package covers critical boiler, turbine, and generator (BTG) components, along with associated civil and structural works.
The company said that the contract was given out through an international competitive bidding process, which shows how big and important the project is. In October 2024, BHEL won the bid, and in November 2024, they got a limited notice to start basic engineering work.
Execution Timeline and Project Details
According to the filing, the project is scheduled to be completed within 62 months from the date of award. Both BHEL and NTPC are central public sector enterprises; however, the company clarified that the transaction does not qualify as a related party transaction.
The Telangana Stage-II project is expected to enhance power generation capacity in the region while supporting India’s growing electricity demand through high-efficiency supercritical technology.
Recent Orders and Market Performance
In addition to this major contract, BHEL recently secured another order worth ₹1,200–1,500 crore from Hindalco Industries for the Aditya Expansion Project Phase II in the Sambalpur district.
As of 12:57 pm, BHEL shares were trading at ₹252.85, which is 0.78% lower than the previous day. Even though the stock price went down a little, it has returned almost 20% over the past year, showing that investors still believe in the company’s growth path.
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