BHEL wins Rs.560 crore order from NTPC

BHEL wins Rs.560 crore order from NTPC

Bharat Heavy Electricals Ltd (BHEL) on Wednesday announced wining an order worth Rs. 560 crore for supply and installation of the Flue Gas Desulphurization (FGD) system to NTPC.

Key Takeaways

Bharat Heavy Electricals Ltd (BHEL) on Wednesday announced wining an order worth Rs. 560 crore for supply and installation of the Flue Gas Desulphurization (FGD) system to NTPC.

The order from NTPC is for 2x490 MW National Capital Power Station at Dadri in Uttar Pradesh.

There has been an increase in orders of emission control equipment due to revised and more stringent emission norms notified by the government for installation of equipment to control various harmful emissions, both in existing as well as new thermal power projects.

BHEL has about five decades of experience in installing more than 180 GW power generating equipment both in India and abroad.

On Wednesday, BHEL closed at Rs. 97.85 per share, up Rs. 0.35 or 0.36 per cent on NSE. The scrip touched an intraday high and low of Rs. 99.25 and Rs. 97.40 per share, respectively. The scrip has a 52-week high of Rs. 121.84 and a 52-week low of Rs. 80.87 per share on NSE. The scrip attracted a traded volume of 77,81,621 shares on NSE.