Page 9 - Bhel

BHEL invites global firms to partner for setting up manufacturing bases

The company has 16 manufacturing facilities across the country with a substantial land bank as well as extensive built-up industrial, commercial and residential spaces.

Covid-19 hinterland digest: 4 Asha workers test positive in Punjab's Moga

Surprisingly, Asha workers started conducting the survey amid the curfew without mask, sanitisers, and gloves

BHEL bags battery energy storage system order under TERI consortium project

The Energy Resource Institute (TERI) on Wednesday said state-run engineering firm BHEL has won the bid for installation and maintenance of battery energy storage systems (BESS) worth Rs 2.51 crore. "BHEL emerged as best supplier of battery and associated equipment in a tender recently floated by TERI for installation and maintenance of battery energy storage systems (BESS)," a TERI statement said. According to the statement, BHEL has offered 410 kilowatt-hours (kWh) of cumulative battery capacity for a total cost of Rs 2.51 crore, including six years of comprehensive warranty and maintenance. There are very limited tenders of BESS in India so far and the responses to this tender have been received from reputed companies such as Larsen & Toubro, Mahindra Susten, Hero Solar, Honeywell Automation, Amara Raja, Okaya Power etc, it said. This level of interest from prestigious organisations in the tender signifies the transition of electricity distribution grid with increasing ...

BHEL signs pact with Russian firm to undertake joint defence projects

The aim of the MoU is to cooperate and undertake joint projects and operations for defence systems

BHEL Q3 consolidated profit down 17% to Rs 162 cr over low revenue

The company's profit in the year-ago period stood at Rs 196.43 crore, a BSE filing said

Market Ahead, February 11: All you need to know before the Opening Bell

A total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today

Defence Expo 2020: BHEL, BEL sign MoU to develop, market products

BHEL, BEL to develop products for defence, non-defence applications

Nifty view & stock recommendations by Prabhudas Lilladher: Buy Titan, BHEL

The support for the week is seen at 40,950/12,030 while resistance is seen at 42,260/12,460. Bank Nifty would have a range of 30,580-31,880

Govt gives nod for sale of equity shares of 6 PSUs in Neelachal Ispat

The six PSUs are MMTC, National Mineral Development Corporation, Bharat Heavy Electrical Ltd, Odisha Mining Corporation, Odisha Investment Corporation and MECON

UP govt plans to partner BHEL, HAL for industrial and technical training

Also moots technical tie-ups with top institutions like IITs

Electrical equipment makers stare at Rs 800-cr dues from states, Centre

This segment wants to disassociate itself from the power sector

Ircon International, BEML sign pact to explore opportunities overseas

The pact aims at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India

NLC India commissions 500 MW Unit 1 of first lignite-fired power plant

This is the first 500MW lignite fired power boiler in the country as the highest capacity of lignite-fired boiler so far was upto 250 MW only, a press release said.

CRISIL downgraded long-term bank ratings for BHEL from 'AA+' to 'AA'

The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.

BHEL Q2 profit slumps 36% to Rs 119 cr as revenue from operations falters

The company spent Rs 4,316 crore for acquiring the materials consumed including erection and engineering in Q2 which is largely similar to the previous quarter spending of Rs 4,388 crore.

L&T's construction arm bags contracts worth Rs 2,500 crore from clients

The company said its buildings and factories business has received an order for execution of mechanical works for a cement plant at Kurnool.

Divestment isn't enough to sustain uptrend in BHEL as numbers don't support

Operational performance has been on a weak footing for long, with little hope of turnaround even in the medium-term

BHEL zooms 14% on reports CLSA upgrades to 'Buy' from 'Sell'

Earlier this month, reports suggested that Centre could reduce its stake in the heavy equipment manufacturer to 26 per cent from 63.17 per cent as part of its strategic divestment.

BHEL posts biggest intra-day rally in 10 yrs on govt stake sale plan report

The stake in BHEL may be pared in tranches to 26 per cent from 63.17 per cent now.

Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India

Stock recommendation by Religare Broking