BHEL won a Power Grid award for two synchronous condensers at the Barmer-II HVDC terminal, valued at Rs 600-900 crore excluding GST.

Orders · Finvezto · 7 Nov 2026 · BHEL (BHEL)

What happened

Bharat Heavy Electricals Limited received an order valued between Rs 600 crore and Rs 900 crore excluding GST from Power Grid Corporation of India Limited on November 7, 2026. Source: NSE filing

The contract entails the design, engineering, supply, erection, testing, and commissioning of two synchronous condensers at Barmer-II HVDC Terminal Station to be executed within 44 months. Source: NSE filing

Key numbers

• Order value: ₹900 Cr
• Share of market cap: 0.6% of ₹1,45,272 Cr

Why it matters

Anand Ganapathy K: The units stabilise the link that will carry about 6 GW of Rajasthan solar power. Execution runs 44 months. Source: Stock note

Links

NSE filing (PDF) · Company page

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.