Stocks
Track our selections

Introducing, a continuous review of our stock selections with precise action to be taken at...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
BHEL gets Rs1,143 crore order from NTPC

BHEL received the order for supply and installation of the main plant package, including boilers, turbines and generators, for NTPC's power project in Madhya Pradesh

New Delhi: State-owned Bharat Heavy Electricals Ltd (BHEL) on Thursday said it has received a contract, worth Rs1,143 crore, from India's largest power generation utility NTPC for setting up a 500-Mw power generating unit at its Vindhyachal Super Thermal Power Station in Madhya Pradesh, reports PTI.

"NTPC has placed a major order on the company for supply and installation of the main plant package (boilers, turbines and generators) for a power project in Madhya Pradesh involving one generating unit of 500 Mw," BHEL said in a statement.

"Valued at Rs1,143 crore, the contract envisages setting up a 1x500 Mw thermal power generating unit at NTPC's Vindhyachal Super Thermal Power Station (STPS), in Madhya Pradesh," the statement said.

On commissioning of the unit, 12 million units of electricity will be added to the grid, every day, BHEL said.

"With the commissioning of this unit, the cumulative generating capacity of the power station will be enhanced to 4,760 Mw," it said.

BHEL's scope of work in the contract envisages design, engineering, manufacture, supply and erection & commissioning of Steam Generator and Steam Turbine Generator along with associated Auxiliaries and Controls & Instrumentation.

The equipment for the project will be manufactured at BHEL's Trichy, Ranipet, Haridwar, Hyderabad, Bangalore and Bhopal Plants, while the company's Power Sector, Western Region, will be responsible for erection and commissioning of the equipment.

The company has established the capability to deliver power plant equipment of 20,000 Mw a year.

 

User

Bharat Bandh: Banks report thin business in Mumbai

While branches in Mumbai were open as the transport system was not impacted by the strike, the business was thin

Mumbai: Banks witnessed thin business in the nation's financial capital on Thursday following the nationwide bandh called by the National Democratic Alliance (NDA) and Left parties against the steep hike in petrol prices last week, reports PTI.

While branches were open as the city transport system was not impacted by the strike, the banking district in the city's southern periphery witnessed low business because there was a near-total compliance to the bandh call by traders and other commercial establishments.

Spokespersons of many leading banks said it was too early to assess the impact on their business and there was no problem with attendance.

"We have asked our circle heads to report with details, which is expected by late afternoon," an official with the State Bank of India's industrial relations department said.

A Corporation Bank official said although there was no staff drop-out, business was dull.

Private banks said while there was no problem with attendance, there can be a few forced shut-downs at some pockets in the city, but they have not heard anything so far.

However, they also said business was dull.

 

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)