BHEL secures ₹1,200–1,500 cr LOI for Odisha project
after close1 source ↓written by the desknot a recommendation
- valued at approximately
- ₹1,200–1,500 cr
- and Unit 2
- 35 months
- Unit 2
- 37 months
Bharat Heavy Electricals Limited (BHEL) has 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 2 × 150 MW BTG units. BHEL aims to commission Unit 1 within 35 months and Unit 2 within 37 months.
This significant order enhances BHEL's project pipeline and may positively impact investor sentiment in the energy sector.
Not investment advice. For informational purposes only.