SYNOPSIS: One of India’s leading manufacturing enterprises in the energy and infrastructure sectors secured an order worth over Rs. 13,500 crore from NTPC for a 3×800 MW Telangana thermal project, covering full EPC scope, with an execution timeline of 62 months from the award date.
During Monday’s trading session, shares of one of India’s leading manufacturing enterprises in the energy and infrastructure sectors are in focus on the stock exchanges, after the company announced securing an order worth more than Rs. 13,500 crores from NTPC Limited for the thermal power project.
With a market cap of Rs. 87,051.6 crores, shares of Bharat Heavy Electricals Limited are currently trading at Rs. 250 on BSE, compared to its previous closing price of Rs. 254.85. The stock has delivered negative returns of over 4 percent in one year, and has fallen by nearly 5 percent in the last one month.
What’s the News
According to the latest disclosure filed with the stock exchanges, Bharat Heavy Electricals Limited (BHEL) has secured a Notification of Award (NOA) valued at over Rs. 13,500 crores from NTPC Limited for the thermal power project.
The NOA was awarded on 29th March 2026 for the main plant package of the 3×800 MW Telangana Stage-II Supercritical Thermal Power Project (STPP), and is located in Peddapalli district, Telangana. The project is scheduled to be completed within 62 months from the date of the NOA.
BHEL had earlier emerged as the successful bidder for this project in October 2024 through an international competitive bidding process. Subsequently, it received a Limited Notice to Proceed (LNTP) in November 2024 to commence preliminary engineering activities related to the main plant package.
The scope of work includes comprehensive responsibilities such as design, engineering, manufacturing, supply, erection, commissioning, and testing of key components, including the boiler, turbine, and generator, along with associated civil and structural works.
Financials & More
Bharat Heavy Electricals Limited (BHEL) is an integrated power plant equipment manufacturer and is engaged in design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz, power, transmission, industry, transportation, renewable energy, water, oil & gas and defence & aerospace.
The company reported an order inflow of nearly Rs. 45,900 crore in Q3 FY26, taking the total order book to Rs. 2,22,800 crore. The Power segment forms 80 percent of the total order book, and the remaining 20 percent consists of Industry, including exports.
For Q3 FY26, the company reported a consolidated revenue from operations of Rs. 8,473 crores, reflecting a sequential growth of about 13 percent QoQ compared to Rs. 7,512 crores in Q2 FY26, and a year-on-year increase of around 16 percent from Rs. 7,277 crores recorded in Q3 FY25.
Meanwhile, net profit stood at Rs. 390 crores, indicating a marginal rise of about 4 percent QoQ from Rs. 375 crores in Q2 FY26, and an impressive increase on a year-on-year basis by nearly 189 percent from Rs. 135 crores reported in Q3 FY25.
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