BHEL Secures Major Contract Worth ₹1200-1500 Crores from Hindalco Industries for Power Generation Equipment

1 min read     Updated on 04 Feb 2026, 01:06 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Bharat Heavy Electricals Ltd has won a substantial contract worth ₹1200-1500 crores from Hindalco Industries for supplying a 2 X 150 MW BTG package. The project, with a total capacity of 300 MW, is scheduled for completion within 35 to 37 months, marking a significant order win for the state-owned power equipment manufacturer.

31736188

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

Bharat Heavy Electricals Ltd has announced securing a major contract from Hindalco Industries, valued at approximately ₹1200-1500 crores. The contract involves supplying a comprehensive 2 X 150 MW BTG (Boiler, Turbine, Generator) package, representing a significant addition to the company's order book.

Contract Details

The agreement encompasses the supply of critical power generation equipment with a total capacity of 300 MW across two units. The BTG package includes essential components for power plant operations, demonstrating BHEL's capabilities in delivering complete power generation solutions.

Parameter: Details
Contract Value: ₹1200-1500 crores
Client: Hindalco Industries
Equipment Type: 2 X 150 MW BTG Package
Total Capacity: 300 MW
Completion Timeline: 35 to 37 months

Project Timeline and Execution

The project is scheduled for completion within 35 to 37 months from the contract commencement. This timeline reflects the comprehensive nature of the BTG package supply, which involves manufacturing, testing, and delivery of sophisticated power generation equipment.

Strategic Significance

This contract award strengthens BHEL's position in the power equipment manufacturing sector and adds substantial value to its order portfolio. The partnership with Hindalco Industries, a leading aluminum and copper manufacturer, highlights the ongoing demand for reliable power generation solutions in the industrial sector.

The BTG package contract represents BHEL's continued focus on delivering integrated power solutions to major industrial clients across India.

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.79%+10.09%-8.95%+17.75%+38.96%+586.90%
Bharat Heavy Electricals
View Company Insights
View All News
like20
dislike

BHEL Appoints Shri Asit Gopal as Part-time Official Director Effective February 3, 2026

1 min read     Updated on 03 Feb 2026, 07:27 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Bharat Heavy Electricals Limited appointed Shri Asit Gopal as Part-time Official Director effective February 3, 2026, following Ministry of Heavy Industries approval and Board consent. Shri Gopal, currently Special Secretary & Financial Advisor with additional charge of multiple ministries, brings over 30 years of public administration experience across finance, tribal affairs, vigilance, and education sectors. An IIT Bombay alumnus with advanced qualifications, he has provided required regulatory declarations confirming eligibility for the directorial position.

31672648

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

Bharat Heavy Electricals Limited has announced the appointment of Shri Asit Gopal as Part-time Official Director on its Board, effective February 3, 2026. The appointment follows communication from the Ministry of Heavy Industries dated February 2, 2026, and subsequent approval from BHEL's Board of Directors.

Board Appointment Details

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shri Gopal has been designated as Part-time Official (Government Nominee) Director, reflecting the government's continued involvement in the state-owned enterprise's governance structure.

Parameter: Details
Appointee: Shri Asit Gopal
Position: Part-time Official (Government Nominee) Director
Effective Date: February 3, 2026
Appointing Authority: Ministry of Heavy Industries
Current Role: Special Secretary & Financial Advisor (SS&FA)

Professional Background and Qualifications

Shri Asit Gopal brings extensive experience spanning over three decades in public administration. His diverse portfolio encompasses multiple critical sectors including finance, tribal affairs, vigilance, education, sanitation, and forest management.

His educational credentials include:

  • B.Tech in Civil Engineering from IIT Bombay
  • Postgraduate qualifications in Wildlife Management
  • Postgraduate degree in Public Policy & Management
  • MBA degree

Career Highlights

Shri Gopal's distinguished career includes significant leadership positions across various government departments and organizations:

  • Extensive service in the Forest Department of Madhya Pradesh
  • Additional Secretary (Finance) role
  • Director positions in the Ministry of Tribal Affairs and Central Vigilance Commission
  • Mission Director of Swachh Bharat Mission (Madhya Pradesh)
  • Chairman & Managing Director of the National Scheduled Tribe Finance and Development Corporation
  • Commissioner of the National Education Society for Tribal Students (NESTS), overseeing Eklavya Model Residential Schools

Current Responsibilities

Currently, Shri Gopal serves as Special Secretary & Financial Adviser (SS&FA) in the Ministry of Textiles. His role extends beyond textiles, holding additional charge of multiple ministries:

  • Ministry of Food Processing Industries
  • Ministry of Development of North Eastern Region
  • Ministry of Commerce & Industry
  • Ministry of Heavy Industry
  • Ministry of MSME

Regulatory Compliance

The newly appointed Part-time Official Director has furnished the required declaration confirming that he is not debarred from holding the office of Director pursuant to any SEBI order or order of any other regulatory authority. The company has disclosed that there are no relationships between directors that require disclosure under regulatory requirements.

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.79%+10.09%-8.95%+17.75%+38.96%+586.90%
Bharat Heavy Electricals
View Company Insights
View All News
like20
dislike

More News on Bharat Heavy Electricals

1 Year Returns:+38.96%