BHEL secures ₹1,200–1,500 cr LOI for Odisha project
pre-market1 source ↓written by the desknot a recommendation
- valued at approximately
- ₹1,200–1,500 cr
Bharat Heavy Electricals Limited (BHEL) received a Letter of Intent from Hindalco Industries for the Aditya Expansion Project Phase II in Odisha. The contract, valued at approximately ₹1,200–1,500 cr, involves the design, supply, and commissioning of a 2 × 150 MW BTG package with a timeline of 35 months for Unit 1 and 37 months for Unit 2.
This significant order may enhance BHEL's revenue stream and strengthen its position in the power sector.
Not investment advice. For informational purposes only.