Bharat Heavy Electricals (BHEL) shares gained over 2% in early trade on Monday, following the announcement of notification of award (NOA) from NTPC for the 1x800 MW Sipat Supercritical Thermal Power Project Stage-III.

Shares of Bharat Heavy Electricals Limited (BHEL) rose 3% to Rs 274 on Monday after the company secured a Rs 6,100 crore order from NTPC. BHEL announced in a filing that it received a Notification of Award (NOA) for the 1x800 MW Sipat Supercritical Thermal Power Project Stage-III from NTPC Limited.

State-owned power giant NTPC has approved an investment of Rs 9,790.87 crore for the third stage of the Sipat Super Thermal Power Project. The decision was made during a board meeting on September 19,

The uptick in BHEL share price came after the company announced that it has secured an order worth Rs 6.100 crore from NTPC.

The board has approved ₹9,790.87 cr for Sipat Super Thermal Power Project and ₹11,130.98 cr for Darlipali Super Thermal Plant.

This contract involves extensive engineering, procurement, and construction (EPC) work, including the supply of equipment, erection and commissioning, as well as civil works.

The Sipat Super Thermal Power Project (Stage-III), located in Chhattisgarh, will see an expansion of 1x800 MW at an estimated cost of 9,790.87 crore. "We wish to inform that the b

The Board of Directors of the Company, in its meeting held on 19th September 2024, has accorded investment approval for Sipat Super Thermal Power Project, Stage-III (1x800 MW) at an appraised current estimated cost of INR 9,

NTPC's board has approved a Rs 9,790.87 crore investment for the Sipat Super Thermal Power Project, Stage-III, boosting its power generation capacity.