State-run equipment maker BHEL today said that it has commissioned a 250 MW unit of NTPC's Bongaigaon thermal power plant in Kokrajhar district in Assam.

"Bharat Heavy Electricals Limited (BHEL) has achieved one more milestone by successfully commissioning a 250 MW coal-based thermal plant in Assam. The unit has been commissioned at the upcoming Bongaigaon Thermal Power Station (TPS) in Assam," BHEL said in a press released.

State-owned BHEL today said it has commissioned NTPC's 800-MW Koldam hydro power project in Mandi district of Himachal Pradesh.

"Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned all the four units of NTPC's 4x200 MW Koldam Hydro Electric Project (HEP) in Himachal Pradesh," BHEL said in a statement.

For the struggling capital goods sector, the creation of Telangana state is proving to be a bright spark in an otherwise lacklustre order inflows outlook. Public sector equipment major Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced that it had bagged a Rs 17,950 crore order from the new state — the single-largest order in BHEL’s 51-year history and one of the biggest orders ever placed in the country’s capital goods sector — for setting up a new thermal power project in the state.

State-owned BHEL today said it has bagged a Rs 369-crore order for supply and installation of a power cycle piping (PCP) package for Barh project of NTPC.

"Bharat Heavy Electricals Limited (BHEL) has bagged a contract for supply and installation of a PCP package for Barh Super Thermal Power Project (STPP), stage-I (3x660 MW), of NTPC," BHEL said in a press release.

Bharat Heavy Electricals (BHEL), the country’s largest power equipment manufacturer, has posted a 52 per cent drop in net profit during the fourth quarter ended March on slowdown in project execution. The company reported net profit of Rs 888.35 crore during the quarter against Rs 1,844 crore in the corresponding quarter in the previous financial year.

The major decline in profit came despite a 10.2 per cent cut in expenses to Rs 11,286 crore during the quarter. The company managed to pull down employee benefit expense by 31 per cent to Rs 915 crore from 1,320 crore in the corresponding quarter in the previous financial year.

State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) today reported 52% fall in standalone net profit at Rs 888.35 crore for the quarter ended March 31, 2015.

The state-owned firm had posted a net profit of Rs 1,844.59 crore in the year-ago period, it said in a BSE filing.

Bharat Heavy Electricals Ltd (BHEL) today said it commissioned six hydro sets with a combined 736 MW capacity in 2014-15.

This accounts for 100% of hydro power capacity addition in the country in the said fiscal, BHEL said in a statement.

State-owned power equipment maker BHEL has signed a Memorandum of Understanding (MoU) with a Russian company INTMA, to set up a gas-based power project in Kazakhstan.

The MoU will further help BHEL in consolidating its presence in the CIS countries, the company said.

Shares of Bharat Heavy Electricals (BHEL) were up over 2% at Rs 240 after the company said it has commissioned the second unit of the 600MW thermal unit in Chhattisgarh.

The second unit was commissioned at Dainik Bhaskar Power Ltd's upcoming 2x600MW thermal power project located at Dhabra in Jangir Champa District of Chhattisgarh, the company said in a release today.

ownside risk to new orders forecast remains high: Bhel faces twin risk of delay in new project ordering as well as a falling power deficit scenario in the country limiting the need for large scale investments in thermal power generation. While new ordering outlook for thermal power project equipment has improved to c33 GW over FY15-17e, 98% of these planned projects are being developed by the Government sector (central and state), which in the past have witnessed delays due to several reasons. Most of these planned projects are yet to receive environment clearance and/or acquire necessary land and/or lock in fuel supply. While the conclusion of the ongoing coal auction might provide clarity in due course on fuel supply, projects with de-allocated coal blocks might find it difficult to reacquire them. Hence visibility on these projects ordering currently remains low.

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