Bharat Heavy Electricals (BHEL) share price rose 2 percent in the early trade on July 29 after the company received an order of more than Rs 10,000 crore.
At 09:28am, Bharat Heavy Electricals Ltd was quoting at Rs 323.60, up Rs 6.35, or 2.00 percent, on the BSE.
".... has received a Letter of Intent (LOI) from Damodar Valley Corporation (DVC) for setting up the 2x800 MW Koderma Phase-II Thermal Power Station at Koderma district, Jharkhand on EPC basis," company said in its exchange filing.
The order is for supply of equipment - Boiler, Turbine, Generator and associated auxiliaries along with electrical and C&I, Balance of Plant packages, Erection & Commissioning and Civil Works.
The order is to be executed in 52 months.
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A meeting of the board of directors of the company will be held on July 31, 2024, to approve the Unaudited Financial Results for the quarter ended June 30, 2024.
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