BHEL Secures Massive ₹11,800 Crore Order for Thermal Power Plant in Chhattisgarh
Bharat Heavy Electricals Limited (BHEL) has won a ₹11,800 crore contract from Chhattisgarh State Power Generation Company Limited for constructing a 2x660 MW Supercritical Thermal Power Plant in Korba West, Chhattisgarh. The project, to be completed within 60 months, includes supply of supercritical equipment, electrical and control systems, and civil works. This order significantly boosts BHEL's order book and reinforces its position in India's power sector.

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Bharat Heavy Electricals (BHEL), India's leading power equipment manufacturer, has clinched a substantial order valued at ₹11,800.00 crore, marking a significant milestone for the company. The contract, awarded by Chhattisgarh State Power Generation Company Limited (CSPGCL), involves the construction of a 2x660 MW Supercritical Thermal Power Plant at Hasdeo Thermal Power station in Korba West, Chhattisgarh.
Order Details
BHEL received the Letter of Intent (LOI) on March 27, 2025, for the Engineering, Procurement, and Construction (EPC) package of the power plant. The scope of work includes:
- Supply of supercritical equipment - Boiler, Turbine, Generator, and associated auxiliaries
- Electrical, Control & Instrumentation, and Balance of Plant Packages
- Erection & Commissioning Works
- Civil Works
Project Timeline and Value
The project is set to be completed within 60 months, with commercial operations expected to commence by that deadline. The order value, excluding taxes and duties, stands at approximately ₹11,800.00 crore.
Significance of the Order
This order represents a major boost to BHEL's order book and future revenue prospects. It reinforces the company's position as a key player in India's power sector and demonstrates its capability to handle large-scale, complex projects.
Competitive Edge
The contract was awarded through a Domestic Competitive Bidding process, highlighting BHEL's strong market position and competitiveness in the domestic power equipment manufacturing sector.
Corporate Governance
In line with regulatory requirements, BHEL has confirmed that neither the promoter, promoter group, nor any group companies have any interest in CSPGCL. Additionally, the company has stated that this order does not fall under related party transactions.
This significant order win comes at a crucial time for India's power sector, which is working towards meeting the country's growing energy demands while balancing environmental considerations through the use of supercritical technology.
As BHEL moves forward with this project, industry observers will be keen to see how this massive order impacts the company's financial performance and market position in the coming years.
Historical Stock Returns for Bharat Heavy Electricals
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.62% | +6.77% | +16.35% | -10.55% | -10.19% | +940.69% |