
Deals19 Sept 2026, 02:30 pm
Panchmahal Steel is L1 Bidder for ₹38.70 Cr BHEL Order
AI Summary
Panchmahal Steel Limited has been declared the Lowest Bidder (L1) in a bid floated by Bharat Heavy Electricals Limited (BHEL) through the Government e-Marketplace (GeM) Portal. The potential order, valued at approximately ₹38.70 crores, is for the supply of SS Wire to BHEL's Boiler Auxiliaries Plant. This intimation signifies a significant business opportunity, though it is subject to the final issuance of a Letter of Award by BHEL.
Key Highlights
- Panchmahal Steel is L1 bidder for a BHEL contract.
- The potential order value is approximately ₹38.70 crores.
- The contract involves supplying SS Wire to BHEL.
- L1 status is subject to the final Letter of Award.
Price Impact
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