Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award (NOA) from NTPC Limited for the 3x800 MW Telangana Stage-II supercritical thermal power project main plant package, valued at over Rs 13,500 crore excluding GST. The order was awarded on March 29, marking a significant milestone for the public sector engineering and manufacturing company.

Project Specifications

The comprehensive order encompasses design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant package including boiler, turbine, and generator components, along with civil and structural works. The project is located in Peddapalli district, Telangana, and represents a major addition to BHEL's project portfolio.

Project Timeline and Background

BHEL emerged as the successful bidder for this project in October 2024, following an international competitive bidding process. The company had already received a Limited Notice to Proceed (LNTP) in November 2024, which enabled the initiation of basic engineering work for the main plant package. The complete project execution timeline spans 62 months from the notification of award date.

Strategic Significance

This substantial order acquisition strengthens BHEL's position in the power generation sector and provides significant revenue visibility for the coming years. The project involves supercritical thermal power technology, demonstrating BHEL's technical capabilities in advanced power generation systems. As both BHEL and NTPC are Central Public Sector Enterprises (CPSEs), this collaboration reinforces the synergy between government entities in India's power sector development.

Business Impact

The Rs 13,500 crore order represents a major boost to BHEL's order book and operational prospects. This comprehensive project scope, covering the complete main plant package from design to commissioning, showcases BHEL's end-to-end capabilities in power plant execution. The order win positions the company favorably for sustained business operations and reinforces its competitive edge in securing large-scale power generation projects.

Bharat Heavy Electricals Limited (BHEL) has announced the completion of tenure for two Independent Directors on its Board of Directors. The company informed stock exchanges about this corporate governance development in compliance with regulatory requirements.

Board Changes at BHEL

The state-owned power equipment manufacturer announced that two Part-time Non-Official (Independent) Directors have completed their tenure on the Board. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The announcement was officially communicated to both major stock exchanges where BHEL shares are listed. Dr. Yogesh R Chhabra, Company Secretary of BHEL, signed the disclosure document on March 28, 2026. The communication was sent through BSE Listing Centre to BSE Limited, Mumbai, and through NEAPS to National Stock Exchange of India Limited, Mumbai.

Corporate Governance Framework

As a Government of India undertaking, BHEL maintains strict adherence to corporate governance norms and regulatory compliance requirements. The completion of tenure for Independent Directors represents a routine aspect of board governance, ensuring regular rotation and fresh perspectives in the company's leadership structure. Independent Directors play a crucial role in providing objective oversight and guidance to the company's management and strategic direction.