Government Owned Bharat Heavy Electricals Limited has bagged an order worth Rs.3800 Cr from Dainik Bhaskar Power to set up a 1320 mega watt thermal power plant in MP (Madhya Pradesh). Dainik Bhaskar Power Ltd. is a independent power producer company has given a (2×660 MW) thermal power plant to be established in Madhya Pradesh.
The order is valued at rupees 3783 Cr for DBPL (Dainik Bhaskar Power Limited’s). This company is coming up with coal based supercritical thermal power plant in Singrauli District of MP. BHEL is also executing another order from DBPL that includes the supply & commissioning of a 2 x 600 MW(turbine, generator and a boiler) along with auxiliaries of thermal coal power project of 1200-MW in Chattisgargh.In the new contract BHEL scope of work includes engineering, manufacture, supply, its design, testing & commissioning of supercritical boilers, erection, steam turbines & turbo-generators. Along with these it will also include controls & instrumentation, switchyard and transformers.
During 2009-10 and 2010-11 the company received order power plant equipment worth 31,560 MW and independent power producers order accounted for 22,369 MW. BHEL is capable to 15000 MW of power equipment p.a. and a further growth of 20000 MW p.a. is under its way. The Stock traded with a volume of 231181 shares in the NSE. On 5th October 2011 the stock closed 2.36 percent down from its previous close. It closed for the day at rupees Rs.315.10.
“Bell the bull says: BHEL has a very healthy order book position and is soon coming up with its FPO in the market.”