BHEL wins Rs 21,000 Cr order from MUNPL for Meja STPP

1 min read     Updated on 05 Jun 2026, 11:40 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Bharat Heavy Electricals received a Notification of Award from Meja Urja Nigam Private Ltd for the 3x800 MW Meja supercritical thermal power project Stage-II. The EPC contract, valued over Rs 21,000 Cr excluding GST, involves design through commissioning work and must be completed within 70 months.

powered bylight_fuzz_icon
42184933

*this image is generated using AI for illustrative purposes only.

Bharat Heavy Electricals Limited has secured a major engineering, procurement, and construction (EPC) contract valued over Rs 21,000 Cr from Meja Urja Nigam Private Ltd (MUNPL). The order involves the execution of a 3x800 MW supercritical thermal power project at Meja in Prayagraj, Uttar Pradesh. This contract win significantly strengthens the company's order book in the power sector infrastructure domain.

Order Details

The Notification of Award (NOA) was received on June 4, 2026. The project scope encompasses design, engineering, manufacturing, supply, construction, erection, testing, and commissioning works. MUNPL is a domestic entity and a joint venture between NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL). The contract was secured through International Competitive Bidding.

Parameter Details
Client Meja Urja Nigam Private Ltd (MUNPL)
Project 3x800 MW Meja STPP Stage-II
Location Prayagraj, Uttar Pradesh
Order Value Over Rs 21,000 Cr excl. GST
Completion Timeline 70 months from NOA date
Nature of Order EPC Package

The company is required to complete the facilities within 70 months from the date of the Notification of Award. BHEL serves as the executing agency for this project, and the transaction does not fall within related party transactions.

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-8.38%+2.63%+40.33%+52.49%+423.61%

How will this Rs 21,000 Cr order impact BHEL's revenue visibility and financial performance over the next 70 months?

What are the potential challenges BHEL might face in meeting the 70-month completion timeline for the supercritical thermal project?

Could this contract win signal a resurgence in thermal power capacity additions within India's energy mix?

Bharat Heavy Electricals
View Company Insights
View All News
like15
dislike

BHEL Signs ₹2,000–2,500 Crore Contract with Nigeria's Dangote Refinery for Gas Turbine Packages

1 min read     Updated on 04 Jun 2026, 05:35 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Bharat Heavy Electricals Limited has secured an international order worth ₹2,000–2,500 crore from Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria, for the design, manufacturing, supply, and supervision of erection and commissioning of 8 gas turbine generator packages. The contract, signed on June 2, 2026, covers the petroleum refinery and polypropylene plant in the Dangote Industries Free Zone, with a 26-month completion schedule and no related party transactions involved.

powered bylight_fuzz_icon
42041426

*this image is generated using AI for illustrative purposes only.

Bharat Heavy Electricals Limited has secured a significant international order worth ₹2,000–2,500 crore from Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria. The contract, signed on June 2, 2026, involves the design, manufacturing, supply, and supervision of erection and commissioning for 8 gas turbine generator packages. This order is intended for the petroleum refinery and polypropylene plant located in the Dangote Industries Free Zone, Nigeria.

The agreement was finalized through an international tender process. The scope of work excludes civil works but includes supply up to Mumbai Port and performance guarantee tests. The project is scheduled for completion within 26 months from the effective date of the contract.

Contract Details

The filing to the exchanges outlined the specific terms of the agreement, confirming that there are no related party transactions involved. The promoter, promoter group, or group companies hold no interest in the entity awarding the order.

Parameter: Details
Client: Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria
Nature of Order: Design, manufacture, supply, supervision of erection & commissioning
Order Value: ₹2,000–2,500 crore
Execution Period: 26 months
Tender Type: International

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-8.38%+2.63%+40.33%+52.49%+423.61%

How will this international order impact BHEL's revenue growth and profit margins over the next two fiscal years?

Does this contract signal a strategic shift for BHEL towards expanding its footprint in the African energy market?

What are the potential risks associated with executing a project of this magnitude in Nigeria, given the 26-month timeline?

Bharat Heavy Electricals
View Company Insights
View All News
like19
dislike

More News on Bharat Heavy Electricals

1 Year Returns:+52.49%