BHEL bags Adani Power orders for four 2x800 MW projects
BHEL said in a filing with the National Stock Exchange that it has received orders from Adani Power Limited for four 2x800 MW projects, each valued at Rs 5,000 crore to Rs 7,000 crore.
Key points
- BHEL said in an NSE filing that it received orders from Adani Power Limited for four projects of 2x800 MW each.
- The filing values each of the four contracts at Rs 5,000 crore to Rs 7,000 crore, excluding GST, and gives no total.
- The orders cover the boiler, turbine and generator with auxiliaries plus agreed services; the filing gives no execution dates.
Bharat Heavy Electricals Limited (BHEL) said in a filing with the National Stock Exchange dated 4 November 2026 that it has received orders from Adani Power Limited for four power projects, each described as 2x800 MW. The filing says each of the four contracts is valued at Rs 5,000 crore to Rs 7,000 crore, excluding GST.
What Happened
BHEL, which describes itself as a Government of India undertaking, made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is the rule that requires listed companies to tell the stock exchanges about significant events, including new orders.
According to the filing, the contract covers the supply of equipment for the four projects: the boiler, the turbine and the generator, along with their auxiliaries. It also covers what the filing calls "agreed services". The filing describes the item as a contract signing.
The filing gives these details about the orders:
- The order was awarded by Adani Power Limited, which the filing describes as a domestic entity.
- The size is given as "4 projects (contracts) each valued at Rs. 5,000 - 7,000 Cr. excl. GST". The filing gives a range for each contract and does not state a single figure or a combined total.
- The time period for execution is given only as "As per Customer's Project requirements". The filing does not give dates.
- BHEL said that its promoter, promoter group and group companies have no interest in the entity that awarded the orders.
- BHEL said that the orders do not fall within related party transactions.
The filing does not say where the four projects are located, and it does not say how much of the work is supply and how much is services.
What It Means
The filing is BHEL's own statement of an order it has received. It tells shareholders and other readers which customer placed the order, what BHEL will supply and the size of each contract as a range.
The filing leaves several things open. It does not give an execution schedule, so it does not show when the work will be carried out or when it will be completed. It also does not give the exact value of any one contract.
Readers who hold BHEL shares can read the company's disclosures on the National Stock Exchange website. Complaints against listed companies can be filed with SEBI through its SCORES portal at https://scores.sebi.gov.in.
Oquilia Data: Bharat Heavy Electricals Ltd. (NSE: BHEL)
| Close, 3 Nov 2026 | Rs 400.00 (+1.28% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −4.99% / −2.71% / +13.50% / +39.15% / +50.97% |
| Against Nifty 50, 1M / 3M / YTD | −11.18 / +1.18 / +48.03 points |
| 52-week closing high / low | Rs 464.00 (14 Oct 2026) / Rs 242.50 (23 Jan 2026) |
| Turnover, 20-session average | Rs 576.71 cr; 37.6% delivered; latest volume 0.6x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Bharat Heavy Electricals share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India