BHEL receives LNTP from DVC for 800 MW Durgapur project

1 min read     Updated on 11 Jun 2026, 03:50 PM
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Bharat Heavy Electricals Limited received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation for the 1x800 MW Durgapur Supercritical Thermal Power Station. The order, valued over Rs. 90 Cr. excl. GST, covers advance engineering and critical long lead items under the Main plant package for a period of 10 months.

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Bharat Heavy Electricals has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC) for the 1x800 MW Durgapur Supercritical Thermal Power Station. The contract, valued at over Rs. 90 Cr. excl. GST, is for initiating advance engineering and ordering of critical long lead items under the Main plant package. This development strengthens the company's engagement with public sector utilities in the thermal power infrastructure sector.

Order Details

The following table summarises the key parameters of the order:

Parameter: Details
Order Value: Over Rs. 90 Cr. excl. GST
Client: Damodar Valley Corporation (DVC), Kolkata
Project: 1x800 MW Durgapur Supercritical Thermal Power Station
Package: Main plant package (Boiler, Turbine, Generator)
Nature: LNTP for advance engineering and long lead items
Bidding Type: International Competitive Bidding

Contract Terms and Timeline

BHEL emerged as the successful bidder in a major tender from DVC. The LNTP was issued on June 10, 2026, at 1335 Hrs. The contract duration for the LNTP is set for 10 months from the date of issuance. The definitive order for the supply and execution of the Main plant package is expected to be awarded by DVC upon completion of this 10-month period. Both organizations are Public Sector Undertakings (PSUs), and the transaction does not fall within related party transactions.

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.19%-2.68%-5.63%+36.98%+47.37%+397.05%

What is the estimated total value of the definitive Main plant package order expected to follow the LNTP?

How will this order impact BHEL's order book and revenue projections for the current fiscal year?

What are the potential risks or delays that could affect the transition from LNTP to the definitive contract?

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

1 min read     Updated on 06 Jun 2026, 02:05 PM
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AI Summary

Bharat Heavy Electricals Limited has received a Notification of Award (NOA) from Meja Urja Nigam Private Ltd (MUNPL) for the 3x800 MW Meja STPP Stage-II EPC package. Valued at over Rs 21,000 Cr excluding GST, the domestic order was secured through International Competitive Bidding and requires completion within 70 months.

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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
+2.19%-2.68%-5.63%+36.98%+47.37%+397.05%

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

Does this win signal a broader revival in thermal power capacity additions within India's energy mix?

What are the potential risks regarding project execution given the long 70-month completion timeline?

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