Bharat Heavy Electricals Limited (BHEL), whose boilers and turbines generate about two-thirds of India's electricity, has announced that the company has won orders worth Rs 2030 crore to install the main plant package for the new 1,000 MW Nabinagar thermal power project in the eastern Indian state of Bihar.
The orders, for four units of 250 MW each in the eastern state of Bihar, have been placed by Bhartiya Rail Bijlee Co Ltd, a joint venture of NTPC and state-run Indian Railways.
BHEL plans to boost its manufacturing capacity to 15,000 megawatts in the next two years from 10,000 megawatts.
Shares of the company gained Rs 19, or 1%, to settle at Rs 1815. The total volume of shares traded was 171,671 at the BSE. (Tuesday)
Source:http://www.stockwatch.in,19-03-08