Maharatna firm BHEL wins ₹6,700 crore order from Singareni Collieries to set up 800 MW thermal power unit in Telangana

State-run engineering giant Bharat Heavy Electricals Ltd (BHEL) has announced a significant contract win, securing an order worth ₹6,700 crore from Singareni Collieries Company (SCCL) to establish an 800 MW thermal power unit in Telangana. The contract, awarded on an Engineering, Procurement, and Construction (EPC) basis, covers the design, engineering, manufacturing, supply, erection, commissioning, and civil works for the project.

The 800 MW Adilabad supercritical thermal power project will be set up in Mancherial district, Telangana, adjacent to the existing 2×600 MW units, which were also entrusted to BHEL for boiler-turbine-generator (BTG) scope and commissioned by the company in 2016.

With this new contract, BHEL continues to strengthen its presence in Telangana, having successfully installed more than 75% of the coal-based power units for various utilities in the state. As India’s leading power equipment manufacturer, BHEL plays a critical role in advancing the country’s energy security and self-reliance in the power sector, with over 1,70,000 MW of utility power capacity installed nationwide.

The development comes days after BHEL announced that it has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for the steam generator island package of the 2×660 MW Raghunathpur Thermal Power Station phase-II project in Purulia, West Bengal.In Q3 results, BHEL’s net profit increased 170% to ₹124 crore, while its revenue grew 32% from last year to ₹7,277 crore. While revenue beat expectations, the net profit missed analyst estimates of ₹175 crore.

BHEL share price settled 4.4% lower in trade today, quoting at ₹192.93 apiece on the NSE. The one-year return on the stock is negative with the scrip correcting more than 14%.