BHEL Secures Rs 13,000–15,000 Crore Orders from MPPGCL, Stock Rises Nearly 2%

New Delhi, September 30, 2025 – Bharat Heavy Electricals Limited (NSE: BHEL, BSE: 500103) on Tuesday made an announcement that it recently won major orders, which are priced between Rs 13,000 crore and Rs 15,000 crore from M.P. Power Generating Company Ltd. (MPPGCL). Following this announcement, BHEL shares climbed 1.71% by 1:10 PM.

Project Details

Bharat Heavy Electricals Limited (BHEL) won significant orders from Madhya Pradesh Power Generation Company Limited (MPPGCL), according to a filing to the stock exchanges. It won a Notification of Award (NOA) on September 29, 2025, to undertake two supercritical thermal power units in Madhya Pradesh.

The order consists of Amarkantak Unit 6 and Satpura Unit 12, each with a 1×660 MW capacity. These projects will be completed through an EPC (Engineering, Procurement, and Construction) contractual agreement, with a completion timeframe of 57 months. The order value jointly is about ₹13,000–15,000 crore. These orders reaffirm BHEL’s leadership in India’s power sector yet again. These contracts include all the EPC activities like supply of major and minor articles of equipment, erection, commissioning, including civil works.

Key Terms

Bharat Heavy Electricals Limited (BHEL) received orders from Madhya Pradesh Power Generating Company Limited (MPPGCL) through an open tender in India. Total order consideration is forecasted as ₹13,000–15,000 crore (net of taxes and duties). These projects will be completed within a timeframe of 57 months from the Notification of Award (NOA) date. It is certified that no promoter/related party interest exists in these orders.

Market Response

Bharat Heavy Electricals Limited (BHEL) currently trades at ₹237.99, a 1.72% appreciation as of September 30, 3035, at 1:10 PM IST. BHEL opened trading on the day at ₹234.90, reached a high of ₹239.49, and a low of ₹233.08. Market capitalization of the firm is ₹82,870 crore, and its price-to-earnings (P/E) is 210.85. BHEL offers a dividend yield of 0.21% and a quarterly dividend of ₹0.12 per share. BHEL has ranged from a 52-week low of ₹176.00 to a 52-week high of ₹285.50 in the last year and has signaled moderate market volatility.

About the Company

BHEL is a major government-owned engineering and manufacturing company of heavy electrical equipment. BHEL was incorporated in 1964. Listed since November 2003, it is included in the NIFTY Midcap 50 index. BHEL is involved in designing, engineering, manufacturing, erecting, testing, commissioning, and servicing a diverse range of products and services for core sectors of the economy, including power, transmission, industry, transport, renewable energy, oil & gas, and defence.

REF: https://nsearchives.nseindia.com/corporate/BHELCC_30092025120027_BHELOrderInformation.pdf

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