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BHEL wins Rs 6700 crore SCCL order for 800 MW Singareni project

Synopsis:

Bharat Heavy Electricals secured a Rs 6700 crore EPC contract from Singareni Collieries for the 1x800 MW Singareni Stage-II project. Completion is set for 48 months. BHEL share price fell 4.17 percent, closing at Rs 193.15 on 14 February 2025.


Bharat Heavy Electricals, India's leading power equipment manufacturer, has secured a major domestic EPC contract worth Rs 6700 crore from Singareni Collieries Company Limited. The contract involves the engineering, procurement, and construction of the 1x800 MW Singareni Stage-II thermal power project, located in Telangana's Mancherial district. The project was awarded through domestic competitive bidding and is expected to be completed within 48 months.

Also read: Mother Dairy expects 15% revenue growth, targets ₹17,000 crore turnover

BHEL

Trade

200.170.00 (0.00 %)

Updated - [-]
201.65day high
DAY HIGH
192.80day low
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14019550
VOLUME (BSE)

Key takeaways

  • Contract awarded to Bharat Heavy Electricals for the 1x800 MW Singareni Stage-II project.

  • Total project cost is approximately Rs 6700 crore.

  • Scope includes supply, erection, testing, and commissioning of key power plant components.

  • Completion timeline is set within 48 months.

  • BHEL share price dropped 4.17 percent to Rs 193.15 on 14 February 2025.

Also read: Bank of Maharashtra secures RBI nod for first international branch at GIFT City

Project scope and technical overview

The project includes the supply, erection, testing, and commissioning of a boiler, turbine, generator, flue gas desulfurisation system, balance of plant packages, and electrical and control and instrumentation systems. As a key player in India's energy and infrastructure sector, Bharat Heavy Electricals will leverage its expertise to execute this large-scale power project efficiently.

Financial performance and market impact

The company has shown significant financial growth, with its consolidated net profit rising by 123.34 percent to Rs 134.70 crore in the third quarter of the financial year 2025 compared to the previous year. Revenue from operations also witnessed a 32.21 percent growth, reaching Rs 7277.09 crore in the third quarter of December 2024. However, despite securing a major order, BHEL share price dropped by 4.17 percent, closing at Rs 193.15 on 14 February 2025, indicating mixed market sentiment.

BHEL financial overview (Q3 FY2025 vs Q3 FY2024)

Financial metric

Q3 FY2025

Q3 FY2024

Growth percent

Net profit

Rs 134.70 crore

Rs 60.30 crore

123.34

Revenue from operations

Rs 7277.09 crore

Rs 5505.34 crore

32.21

BHEL share price (14 Feb 2025)

Rs 193.15

Rs 201.55 (previous close)

-4.17

The Rs 6700 crore order win from Singareni Collieries reinforces Bharat Heavy Electricals' strong position in India's power equipment sector. With steady financial growth, the company continues to expand its project portfolio. However, BHEL share price remains volatile, reflecting broader market sentiments. Investors will closely monitor project execution and future earnings reports to assess the company's growth trajectory.

Also read: EMS secures Rs 272.89 crore Jaypee Infratech contract for Noida project

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