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CNBC TV1804-02-2026, 13:44

BHEL Shares Surge on ₹1,500 Crore Hindalco Order for Odisha Project

  • Bharat Heavy Electricals Ltd. (BHEL) secured an order worth ₹1,200-1,500 crore from Hindalco Industries.
  • The order is for the Aditya Expansion Project Phase II located in Lapanga, Sambalpur district, Odisha.
  • BHEL will provide a 2 × 150 MW BTG (Boiler Turbine Generator) package, including design, engineering, supply, installation, commissioning, and performance acceptance testing.
  • Unit 1 is slated for commissioning within 35 months, and Unit 2 within 37 months from the contract's effective date.
  • Following the announcement, BHEL shares rose by 0.95% to ₹270.60 on Wednesday.

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