Deals5 Mar 2025, 01:52 am
Welspun Specialty Solutions Ltd. Emerges as L1 Bidder for BHEL's Super Critical Thermal Power Projects
AI Summary
Welspun Specialty Solutions Limited (WSSL) has been notified as the L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for the supply of approximately 4,050 tons of Stainless steel Seamless Boiler Tubes for BHEL's series of Super critical Thermal Power Projects. The total supply contract value is estimated to be around Rs. 231.77 Crores (excluding GST), following WSSL's participation in the tender and subsequent approval by BHEL. The formal contract is yet to be released after BHEL's internal approval process.
Key Highlights
- Welspun Specialty Solutions Ltd. notified as L1 bidder by BHEL for Super critical Thermal Power Projects
- Supply contract worth ~Rs. 231.77 Crores (excluding GST)
- 4,050 tons of Stainless steel Seamless Boiler Tubes to be supplied
- Contract awaiting BHEL's internal approval process
- Compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and WSSL's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information