Sunday, June 23, 2024
HomeBusinessBHEL bags contract from NTPC; shares rise

BHEL bags contract from NTPC; shares rise

For a consideration of more than ₹9,500 crore, Bharat Heavy Electricals Ltd has won a contract from NTPC Ltd to provide the EPC package for the Singrauli Super Thermal Power Project Stage-III (2×800 MW), located in the Sonebhadra District of Uttar Pradesh.

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The equipment supply agreement covers the boiler, turbine, generator, and related auxiliaries.

Tuesday saw a 1.64 percent increase in BHEL stock to close at ₹268.90 on the NSE, while NTPC shares saw a 1.23 percent increase to settle at ₹358.20.

(This news report is from a syndicated feed. THND team members did not write or edit the content except for the headline.)



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