News ArticleBHEL Wins Rs. 5,000-7,000 Crore Contracts from Adani Power for Equipment Supply and Services in Four 2x800 MW Power Projects
Contracts cover boilers, turbines, generators, and auxiliaries with execution per Adani Power’s project schedule
Bharat Heavy Electricals Limited (BHEL) has received orders from Adani Power Limited for supplying boilers, turbines, generators, and related services for four domestic projects, each comprising 2x800 MW capacity, with contract values ranging between Rs. 5,000 crore and Rs. 7,000 crore excluding GST. Execution timelines depend on the customer’s project schedule.
Bharat Heavy Electricals Limited
Order Wins
Bharat Heavy Electricals Limited (BHEL) announced receipt of multiple orders from Adani Power Limited to supply key power generation equipment and services for four projects of 2x800 MW each, with individual contract values between Rs. 5,000 crore and Rs. 7,000 crore excluding GST.
The contracts awarded to BHEL include supply of boilers, turbines, generators along with auxiliaries, and the provision of agreed services.
The orders have been placed by Adani Power Limited, a domestic entity, reflecting significant engagement in India's power equipment manufacturing and supply.
The execution timeline for these contracts will follow the project requirements set by Adani Power Limited, though no specific completion dates were disclosed.
These contracts are not related party transactions and there is no promoter or promoter group interest in Adani Power Limited.
No GST amounts are included in the stated contract values, which cover four separate projects of identical capacity configurations (2x800 MW each).
Highlights
- BHEL secured contracts for four projects from Adani Power Limited, each project comprising 2x800 MW capacity.
- Contracts involve supply of boilers, turbines, generators, auxiliaries, and agreed services.
- Each project’s contract value ranges between Rs. 5,000 crore and Rs. 7,000 crore excluding GST.
- Orders awarded by a domestic entity with execution as per customer’s project timeline.
- No related party interest or transactions involved in these contracts.
Key Data Snapshot
What happened
- BHEL received contracts from Adani Power Limited for supply and services for four power generation projects, each consisting of 2x800 MW capacity.
- The contracts cover core equipment such as boilers, turbines, generators, and auxiliaries, plus agreed upon services.
Key details
- Contract values per project are between Rs. 5,000 crore and Rs. 7,000 crore, excluding GST.
- Orders awarded by the domestic power company, Adani Power Limited.
- No promoter or group company interest in the ordering entity.
- Contracts are not related party transactions and are considered arm's length.
- Execution timelines will follow customer’s project requirements without specified dates.
Highlights
- BHEL secured contracts for four projects from Adani Power Limited, each project comprising 2x800 MW capacity.
- Contracts involve supply of boilers, turbines, generators, auxiliaries, and agreed services.
- Each project’s contract value ranges between Rs. 5,000 crore and Rs. 7,000 crore excluding GST.
- Orders awarded by a domestic entity with execution as per customer’s project timeline.
- No related party interest or transactions involved in these contracts.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 30
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