Rs 2.40 Lakh Crore Order Book: PSU Engineering Giant Secures Rs 21,000 Crore Domestic Thermal Power Project
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BHEL has secured an EPC contract worth over Rs 21,000 crore for the 3x800 MW Meja Supercritical Thermal Power Project Stage-II in Uttar Pradesh, boosting its thermal power order book.
✨ Key Takeaways
On Friday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 index rising 0.08 per cent to 23,435.75. Amid the positive market sentiment, Bharat Heavy Electricals (BHEL) share price traded at Rs 392.45. The stock remained in focus after the company secured a major order worth more than Rs 21,000 crore, excluding GST, from Meja Urja Nigam Private Limited (MUNPL).
BHEL Bags Rs 21,000 Crore Thermal Power Project
According to the company's exchange filing, BHEL received a Notification of Award (NOA) on June 4, 2026, for the Engineering, Procurement and Construction (EPC) package of the 3x800 MW Meja Supercritical Thermal Power Project (STPP) Stage-II located in Prayagraj, Uttar Pradesh.
The order has been awarded by Meja Urja Nigam Private Limited (MUNPL), a joint venture between NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), through an international competitive bidding process.
Scope Of The Project
The contract covers the complete EPC package, including design, engineering, manufacturing, supply, construction, erection, testing and commissioning of the project.
The power project comprises three supercritical thermal units of 800 MW each, taking the total installed capacity under Stage-II to 2,400 MW. As per the contract terms, BHEL is required to complete the facilities within 70 months from the date of the Notification of Award.
BHEL Order Inflow Strengthens Execution Pipeline
The latest order represents one of the company's significant project wins in the thermal power segment and is expected to strengthen its order inflow for FY27.
The project further reinforces BHEL's position in India's thermal power sector, where the company continues to secure large-scale EPC contracts for power generation infrastructure.
BHEL Rs 2.40 Lakh Crore Order Book
BHEL continues to maintain a strong project pipeline backed by a robust order book. Following multiple order wins across power and industrial segments, the company's overall order book has reached approximately Rs 2.40 lakh crore, providing strong revenue visibility over the coming years.
The addition of the Meja Stage-II project further enhances BHEL's execution portfolio and strengthens its presence in large-scale supercritical thermal power projects.
About BHEL
Bharat Heavy Electricals Limited (BHEL), incorporated in 1964, is India's leading capital goods and engineering company, with the Government of India holding a 63.17 per cent stake.
The company operates across thermal, hydro, gas, nuclear and solar power generation segments and also serves industries such as transmission, transportation, defence, aerospace and oil & gas. BHEL has 16 manufacturing plants across India and reported revenue from operations of Rs 28,339 crore in FY25.
With one of the largest engineering and manufacturing capabilities in the country, BHEL continues to play a key role in India's power and infrastructure development.
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Disclaimer: The article is for informational purposes only and not investment advice.