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Bharat Heavy Electricals Limited ( (IN:BHEL) ) has provided an announcement.
BHEL secured a letter of intent from Hindalco Industries on 3 February 2026 to design, engineer, supply, install, and commission two 150 MW boiler-turbine-generator packages for the Aditya Aluminium expansion at Lapanga, Odisha, with commissioning timelines of 35 and 37 months for the respective units and an order value estimated at INR 1,200-1,500 crore. The contract underscores BHEL’s continued traction in large industrial captive power projects, reinforcing its order book visibility and positioning within India’s metals and energy infrastructure ecosystem.
More about Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited (BHEL) is India’s flagship state-owned power equipment manufacturer, delivering thermal, hydro, and industrial systems for utilities and large industrial clients across domestic and select international markets.
Average Trading Volume: 804,481
Technical Sentiment Signal: Strong Buy
Current Market Cap: 898.5B INR
For detailed information about BHEL stock, go to TipRanks’ Stock Analysis page.