Business Update7 Nov 2026, 01:00 pm
BHEL Secures ₹600-900 Cr Order for Synchronous Condensers
AI Summary
Bharat Heavy Electricals Limited (BHEL) has received a significant order from Power Grid Corporation of India Limited for the establishment of 2 Nos. +300/-200 MVAR Synchronous Condensers at the Barmer-II HVDC Terminal Station. The contract, valued between ₹600 Crore and ₹900 Crore (excluding GST), is for the design, engineering, manufacturing, supply, erection, testing, and commissioning of the equipment. The project is expected to be executed within 44 months. This order marks a substantial business win for BHEL in the power transmission infrastructure sector.
Key Highlights
- BHEL awarded contract by Power Grid Corporation of India.
- Order value estimated between ₹600 Cr - ₹900 Cr (excl. GST).
- Scope includes design, manufacturing, supply, and commissioning.
- Project execution timeline set at 44 months.
- No promoter interest in the awarding entity.
Price Impact
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