LIC holds 6.21% stake; President of India-backed Defence Company Bags Rs 13,500 crore NTPC order for 3x800 MW Telangana Project

On Monday, shares of Bharat Heavy Electricals Ltd fell 0.75 per cent to Rs 252.95 per share from its previous closing of Rs 254.85 per share. The stock’s 52-week high is Rs 305.9 per share and its 52-week low is Rs 193.5 per share. The stock rose to its Intraday high of Rs 254.85 per share.

As of 12:55 IST, the shares of Bharat Heavy Electricals Ltd were trading at Rs 252.95 apiece.

Bharat Heavy Electricals Ltd (BHEL) has received a Notification of Award (NOA) from NTPC Ltd for the main plant package of the 3x800 MW Telangana Stage-II supercritical thermal power project located in Peddapalli district, Telangana. The NOA was received on March 29, 2026.

BHEL had emerged as the successful bidder for the project in October 2024, and subsequently received a Limited Notice to Proceed (LNTP) in November 2024 to initiate basic engineering work for the main plant package.

The contract, awarded by NTPC Ltd, a domestic entity, has been secured under an international competitive bidding process. The scope of work includes design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant package, which comprises Boiler, Turbine and Generator, along with civil and structural works.

The project is to be executed within a period of 62 months from the date of NOA, with completion of facilities (COF) targeted within this timeline. The total order value stands at over Rs 13,500 crore, excluding GST.

Both BHEL and NTPC Ltd are Central Public Sector Enterprises (CPSEs), and the transaction does not fall under related party transactions.

The company has a market cap of over Rs 300 crore. The stock price has surged over 259.74 per cent in last 3 years. The stock has delivered around 30.72 per cent returns from its 52-week low of Rs 193.5 per share.

Disclaimer: The article is for informational purposes only and not investment advice.