With this, Bhel has supplied 84% of the total coal-based power generating capacity installed by DVC
The project has been developed by Jhabua Power, a subsidiary of Avantha Power & Infrastructure Ltd
The project is scheduled for completion in twelve months
It has commissioned all-time high power generation capacity of over 15,000 Mw, booked new orders worth Rs 43,727 crore in 2015-16
Net profit of Rs 396 crore after two quarters of losses surprised Street
The stock moved higher by 5% to Rs 120, bouncing back 6% from intra-day's low on BSE.
The thermal power plant is being set up by Bhartiya Rail Bijlee Company Ltd, a joint venture of NTPC Ltd & the Indian Railways.
It has so far commissioned nearly 400 hydro generating sets of various ratings with a cumulative capacity of around 20,000 Mw
The company has built 600 Mw rating sets which comprise of a four cylinder turbine, designed in-house.
So far, the company has contracted 21 sets of 600 Mw each, of which 15 have already been commissioned
The equipment for the project was supplied by various manufacturing units of Bhel
This is a 1st of its kind project where the power plant has been set up on an abandoned ash pond, saving scarce land.
The project, valued at Rs 2,759 crore, is slated for commissioning by August 2019
Notably, this is the third unit commissioned by Bhel at Bellary
In past four trading sessions, the stock rallied 18% as compared to 7% rise in the S&P BSE Sensex.
The stock rallied 10% to Rs 102 on the BSE.
Rs 5,000 cr order is for setting up a 1,600 Mw coal-based thermal power project with super critical parameters
The company will sign a contract to build a $1.6 billion power plant in southern Bangladesh
After the Q3 results, UBS cut Bhel's target price from Rs 115 to Rs 70; is it time to be a contrarian in the PSU giant