Bharat Heavy Electricals Ltd (BHEL) shares gained 0.98 per cent to ₹266.70 on the National Stock Exchange as of 11.51 AM on June 30, 2025, following the announcement of a significant order win from Adani Power Ltd.
BHEL received a Letter of Award from Adani Power for supplying equipment and supervising erection and commissioning of six thermal power units, each of 800 MW capacity. The order, valued at approximately ₹6,500 crore excluding GST, covers supply of steam turbine generators along with auxiliaries.
The stock opened higher at ₹272.00 compared to the previous close of ₹264.10, touching an intraday high of ₹272.10 before settling at current levels. The day’s low was recorded at ₹263.45, indicating volatility following the order announcement.
Under the contract terms, BHEL will handle both equipment supply and supervision of erection and commissioning activities. The execution timeline will align with Adani Power’s project requirements, as specified in the agreement.
This order represents a domestic contract with no related party transaction implications, according to BHEL’s regulatory filing. The company confirmed that neither its promoters nor group companies have any interest in Adani Power Ltd.
The substantial order size reinforces BHEL’s position in India’s thermal power equipment sector and provides significant revenue visibility for the state-owned engineering company.