BHEL bags ₹6500 crore order from Adani Power, opens door for a fresh market momentum. Here’s what it means for investors.
BHEL bags ₹6500 crore order power project from Adani Power, signalling a potential turnaround and renewed growth momentum. Find out what this means for investors and BHEL’s future in India’s power sector. Real change comes about rarely in the whirligig world of power and infrastructure. Yet for Bharat Heavy Electricals Limited (BHEL), that is precisely what the week brings. The company has bagged another order worth ₹6,500 crore from Adani Power Maharashtra, and not just another order. It could well be the proverbial shot in the arm BHEL has been looking for to kick-start a new cycle of growth. A Project That Means Business The contract includes the provision and installation of 2×800 megawatt steam turbine generators for Adani’s new thermal power plant in Raigarh, Maharashtra. What sets this project apart is its use of “advanced ultra-supercritical” technology, which claims to offer higher efficiency and lower emissions — a much-needed change in India’s energy landscape. For Adani Power, it’s about building modern tech-savvy capacity. For it’s a chance to find its way back into the reckoning with a big-ticket private client. BHEL bags ₹6500 crore power project from Adani Group