ALSTOM India is trading higher by 3% at Rs 360, extending its previous day’s 7% rally, after the company said it has won a contract worth Rs 679 crore from Bharat Heavy Electricals Limited (BHEL) to supply two 800MW supercritical boilers for Darlipalli Super Thermal Power Project (STPP) in Sundergarh, Odisha.
This project forms part of NTPC Ltd's Bulk 800MW tender.
Under the scope of the contract, Alstom - the sole licensor for BHEL supercritical technology - will design the 800MW supercritical boilers and supply identified pressure parts along with windboxes, pulverizers and airpreheater components, ALSTOM India said in a statement.
Out of the entire aforesaid contract, ALSTOM India Limited's scope of work would be approximately Rs 380 crore, it added.
The stock opened at Rs 356 and touched a high of Rs 364 on the BSE. A combined around 52,000 shares have changed hands on the counter so far on the BSE and NSE.
This project forms part of NTPC Ltd's Bulk 800MW tender.
Under the scope of the contract, Alstom - the sole licensor for BHEL supercritical technology - will design the 800MW supercritical boilers and supply identified pressure parts along with windboxes, pulverizers and airpreheater components, ALSTOM India said in a statement.
Out of the entire aforesaid contract, ALSTOM India Limited's scope of work would be approximately Rs 380 crore, it added.
The stock opened at Rs 356 and touched a high of Rs 364 on the BSE. A combined around 52,000 shares have changed hands on the counter so far on the BSE and NSE.
