State-owned BHEL has bagged an order worth Rs 1,405 crore from the Nuclear Power Corporation of India Ltd for supply of 12 nuclear steam generators.
State-owned Union Bank of India has raised Rs 850 crore by issuing Basel-III-compliant bonds on a private placement basis
The rating on short-term facilities has been reaffirmed at A1-plus.
In Q4FY21, EBITDA level loss came in at Rs 1,264.3 crore as against EBITDA loss of Rs 561.7 crore in Q4FY20
Total income during January-March 2021 rose to Rs 7,245.16 crore, from Rs 5,166.64 crore in the year-ago period
A total of 57 companies are slated to post their quarterly numbers today, including BEML, BHEL, Cochin Shipyard, DLF and Edelweiss Financial Services
Till 03:05 pm, a combined 513 million equity shares, representing 15 per cent of total equity of BHEL, had changed hands on the NSE and BSE
Amid acute shortage of medical oxygen due to a surge in coronavirus cases, vehicles and individuals are queuing up outside the BHEL's plant here to get the empty cylinders refilled
Bharat Heavy Electricals Ltd will procure Rs 3,000 crore of products from small businesses annually as part of the government's efforts to encourage them, a senior official said on Friday.
State-run engineering firm BHEL has bagged an order worth Rs 400 crore for setting up a sulphur recovery unit at Indian Oil's Paradip Refinery in Odisha. "Against stiff international competitive bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has bagged a major order for a sulphur recovery unit from IOCL (Indian Oil Corporation Ltd)", a BHEL statement said. With this order, BHEL has made an entry into the downstream oil & gas process package business. According to statement, the package, valued at over Rs 400 crore, envisages setting up a 525 TPD (tonne per day) sulphur recovery unit at IOCL's Paradip Refinery in Odisha. Notably, the company's diversification strategy into non-coal based business areas has begun paying dividends and this is a milestone order for BHEL as part of its new growth areas initiative. With the execution of this order, BHEL will establish itself as an LSTK (lump sum turn key) player for process packages in the downstream oil & gas sector. BHEL's
India has no such manufacturer yet, Atmanirbhar Bharat scheme encourages state-owned company to fill in gap.
The company has emerged as lowest bidder for tender worth Rs 10,800 crore for fleet mode tender floated by Nuclear Power Corporation of India (NPCIL) for the 6x700 MW Turbine Island Package Projects.
India Ratings and Research (Ind-Ra) has upgraded Mindtree's long-term issuer rating to 'IND AAA' from 'IND AA+'
The firm said it has emerged as the lowest bidder for supply of equipment for 6x700 MW nuclear power projects of Nuclear Power Corporation of India
The company's turnover during the quarter under review declined 23 per cent at Rs 4,203 crore, impacted by execution headwinds and pandemic
The state-run firm was hurt by lower revenues
The momentum indicators and oscillators have reached the oversold territory in IRCTC stock, and are showing signs of reversal
BHEL said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited
State-run engineering firm BHEL on Thursday said it has bagged orders worth Rs 3,200 crore for hydro projects in Andhra Pradesh and Telangana. "BHEL has bagged significant orders, valued at Rs 3,200 Crore, for Electro-Mechanical (E&M) works for a Hydro Electric Project (HEP) in Andhra Pradesh and E&M (electrical and mechanical) works of Pump-Motor sets for Lift Irrigation Schemes (LIS) in Telangana," a BHEL statement said. The order for E&M works for 12x80 MW Polavaram hydro power project in Andhra Pradesh envisages manufacture and supply of India's highest unit-rating Kaplan hydro turbines, the company said. Polavaram project, being developed by Andhra Pradesh Power Generation Corporation Limited (APGENCO), is located in the East Godavari district of Andhra Pradesh. Pump-Motor sets order for LIS projects in Telangana include 15 sets (1,992 MW) for Kaleshwaram LIS and 13 sets (1,885 MW) for Palamuru Rangareddy LIS (package 1 & 16). These LIS projects are being ...
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