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BHEL won orders from Adani Power for four 2x800 MW thermal projects, each valued at Rs 5,000-7,000 crore.

Orders · Finvezto · 4 Nov 2026 · BHEL (BHEL)

What happened

Bharat Heavy Electricals Limited received orders from Adani Power Limited on November 4, 2026, for four 2x800 MW projects valued between Rs 5,000 crore and Rs 7,000 crore each excluding GST. Source: NSE filing

The scope covers the supply of boiler, turbine, and generator equipment along with auxiliaries and agreed services to be executed per customer requirements. Source: NSE filing

Key numbers

  • Order value: ₹28,000 Cr
  • Share of market cap: 19% of ₹1,45,272 Cr

Why it matters

Anand Ganapathy K: The scope is boiler, turbine, generator and auxiliaries, implying Rs 20,000-28,000 crore in all against an order book of Rs 2.58 lakh crore at 30 September. Source: Stock note

Links

NSE filing (PDF) · Company page

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.