With this historic milestone, BHEL's overall order book was at ₹1.95 lakh crore as on FY25, representing robust project acquisition in core sectors.
This technology is yet another cost-effective option for imported materials such as Zirfon and asbestos-based diaphragms.
The agreement does not include any transfer of equity of setting up a new venture, and no upfront consideration is involved.
Here are some of the stocks that may see significant price movement today: BHEL, Coromandel International, Aurobindo Pharma, etc.
This project was awarded to AESL through a tariff-based competitive bidding process.
The case highlights broader challenges for infrastructure and power sector companies involving contract execution, payment disputes and financial recoveries.
BHEL was awarded the contract following an international competitive bidding process and is expected to complete the project in 54 months.
The value of the contract is estimated at ₹231.77 crore (ex-GST).
The DCT system enables continuous communication between the ship and the shore arms, with high precision, speed, security, and reliability of critical maritime operations.
In Q3 FY25, BHEL reported a 170% YoY increase in net profit, reaching ₹124 crore, while revenue grew 32% YoY to ₹7,277 crore, reflecting strong financial performance.
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