BHARAT HEAVY ELECTRICALS LTD. (BHEL) SHARE PRICE [LIVE]

About BHEL

Today's live share price for BHARAT HEAVY ELECTRICALS LTD. (BHEL) is NSE: ₹ 70.05, BSE: ₹ 70.13 with a current market capitalization of .

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. The company is also one of the leading international companies in the power field. The company is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, Transmission, Industry, Transportation, Renewable Energy, Oil & Gas and Defence. The company is a ISO 9000, ISO 9001-2000, ISO 14001 and OHSAS-18001 certified public sector corporate situated in New Delhi. The company offers over 180 products and provides systems and services to meet the needs of core sectors like: power, transmission, industry, transportation, oil & gas, non-conventional energy sources and telecommunication. They have a wide-spread network comprising 15 manufacturing divisions, 8 service centers, 4 power sector regional centers, 18 regional offices, besides a large number of project sites spread all over India and abroad. This enables them to be close to its customers and cater to their specialized needs with total solutions - efficiently and economically. The company has a share of 62% in India`s total installed generating capacity contributing 72% (approx.) to the total power generated from utility sets (excluding non-conventional capacity) as of March 31, 2011. They have been exporting our power and industry segment products and services for approximately 40 years. They have exported their products and services to more than 70 countries. They had cumulatively installed capacity of over 8,500 MW outside of India in 21 countries, including Malaysia, Iraq, the UAE, Egypt and New Zealand. Our physical exports range from turnkey projects to after sales services. Bharat Heavy Electricals Ltd was incorporated in the year 1964, ushering in the indigenous Heavy Electrical Equipment industry in India. The company has been earning profits continuously since 1971-72 and paying dividends since 1976-77. The company received MOU Award for Excellence in Performance for 2004-05. They won International Asia Pacific Quality Award (IAPQA 2005) from the International Asia Pacific Quality Organization (APQO) for their Ranipet Unit. The company was the first engineering & Manufacturing organization as well as the first PSU in the country to received this award. During the year 2005-06, the company got FICCI Award for environmental conservation and pollution control, ICWAI National Award for Excellence in Cost Management-2005. During the year 2006-07, the company conferred again the same ICWAI National Award for Excellence in Cost Management-2006. The company was qualified for the Business Standard Star Public Sector Company Award-2006 and also the CII Exim Award. The company is the first public sector company received the CII Exim award. In April 2007, the company opened a new line of business in the form of Gas Insulated Substations (GIS) in April 2007. The corporate R&D department of the company successfully developed an indigenous GIS. They also bagged the first letter of intent from the Andhra Pradesh Transmission Corporation (APTransco), for installing the first unit in the State. In May 2007, the company signed an MoU with Toshiba of Japan for know-how in higher horsepower locomotives. In August 2007, Uttar Pradesh government and BHEL came to an agreement for setting a 1,600 Mw thermal power project at Obra. The project has divided into two units of 800 Mw each. The cost of the project is estimated to be Rs 6,400 crore or Rs 4 crore per Mw. The deal covered 50 per cent equity participation by the BHEL and the rest by UP state government. DVC awarded turnkey contracts for setting up Koderma and Durgapur Steel thermal power stations of 1000 mw each to BHEL worth of Rs 6,500 crore. In September 10, 2007, NTPC Ltd and the company signed an MoU to form a joint venture company to carry out engineering, procurement and construction (EPC) activities in the power sector on "mutually beneficial terms". In December 2007, the company completed Phase I of its latest modernization drive with an investment of Rs 190 crore, to take their manufacturing capacity to 10,000 MW from 6,000 MW a year. In April 28, 2008, the company and NTPC Ltd incorporated a joint venture company, namely NTPC - BHEL Power Projects Pvt Ltd (NBPPPL) for carrying out EPC activities in the power sector. In September 1, 2007, the company and PTC incorporated a joint venture company, namely Barak Power Pvt. Ltd. In December 26, 2008, the company in association with TNEP incorporated a joint venture company name Udangudi Power Corporation Ltd to build, own and operate a 1600 MW (2x800 MW) Super Critical Thermal Power Plant at Udangudi. In April 15, 2009, the company promoted a joint venture company, namely Raichur Power Corporation Ltd with Karnataka Power Corporation Limited (KPCL) for setting up Supercritical Thermal Power Plant at Karnataka on build, own and operate basis. In February 25, 2010, the company promoted a joint venture company namely Dada Dhuniwale Khandwa Power Ltd, with Madhya Pradesh Power Generating Company Ltd (MPPGCL) for setting up of a 2x800MW Supercritical Thermal Power Plant at Khandwa, Madhya Pradesh on build, own and operate basis. In July 2010, GE signed a 10-year licensing agreement with the company. According to the agreement, signed through GE Oil & Gas` Italian entity Nuovo Pignone, GE`s advanced range of high performance, high efficiency centrifugal compressors will be manufactured under license at BHEL`s production site in Hyderabad, India, for sale in India and in other South Asian territories.. In September 8, 2010, the company signed a joint venture agreement with Government of Kerala for forming a joint venture company to acquire the Kasargod Unit of KEL which manufactures alternators for Railway Applications and other industrial Applications. In January 19, 2011, the company incorporated, BHEL Electrical Machines Ltd, with the company holding the majority stake of 51% and Government of Kerala retaining 49%. The company has decided to setting up of a new BHEL plant as Power Equipment Fabrication Plant at Latur, Maharashtra and forwarding the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd (a wholly owned subsidiary of BHEL) with BHEL, to Department of Heavy Industry. In 2011, the company bagged Rs.37,829 Million Mega Contract for installing 2x660 MW Supercritical Thermal Sets from Dainik Bhaskar Power Limited. The company also bagged major contract for 1,200 MW Thermal Power Plant. Singareni Collieries also placed Rs.40,710 Million Mega Contract for setting up thermal power plant in Andhra Pradesh In 2012, the company developed India`s first Ultra High Voltage AC 1200 kV Transformer successfully commissioned. The company signs Rs.6,300 Million Contract with Abhijeet Projects Limited for setting up a 300 MW Thermal Power Plant in Visakhapatnam. The company bags contract contract for installing 160 MW Combined Cycle Power Plant at Ramgarh in Rajasthan. The company wins major contract for 500 MW thermal power plant; NTPC reposes confidence, places Rs.1,143 Crore order for setting up thermal unit at Vindhyachal. The company receives Rs.9,500 Million Mega Contract for 1,020 MW Hydroelectric Project in Bhutan. The company Signs MoU with Govt. of Tajikistan for setting up a 100 MW Hydro-Electric Power Project in the Republic of Tajikistan. In 2013, the company wins Rs.2650 Million contract from BPCL for Kochi Refinery project. The company wins ICAI National Award for Excellence in Cost Management for the eighth consecutive year. BHPV Merges with the company and becomes Seventeenth Unit of the company. The company wins Rs.25,690 Million Steam Generator Package Contract for 2x500 MW Lignite-fired Power Project. The company bags main plant package contract for 500 MW thermal power plant. The company is conferred BGR-ENERTIA Commemoration Award for Technology Enterprise Innovation - Conventional Energy. The companies First Supercritical Thermal Unit at Barh adds 660 MW to Indias Power Generating Capacity. The company bags PSE Excellence Award 2013 for RnD, Technology Development and Innovation. The company also wins India Pride Award 2013 for Excellence in Heavy Industries -BHEL wins Rs.10,230 Million Turbine Generator Package Order In 2014, the company won order for 206 MW Hydro Electric Project in Punjab. The company also won highest ever Mega EPC Contract for 3x660 MW Supercritical Power Project. The company bags Rs.30,000 Million mega contract for 2x800 MW Supercritical Boilers against stiff International Competition. The company wins order for 120 MW Hydro Electric Project in Uttarakhand. The company wins DSIJ Award 2013 for the Most Efficient Maharatna PSU. The company bags National Intellectual Property Award 2014. The company signs MoU for setting up Renewable Energy Projects in Yemen. The company bags World Intellectual Property Organisation (WIPO) Award for Innovative Enterprises. The company achieves milestone in the Middle East market with the commissioning of another Gas Turbine-based Power Plant in Oman. The company commissions 600 MW Thermal Unit in Odisha. The company and BGGTS achieve major milestone, Successfully overhaul 104 MW Gas Turbine Generator Unit 1 at Pragati Power Project in record time. Rajasthan gets new Power Generating unit with the commissioning of 250 MW Coal-based thermal power plant by BHEL at Chhabra. The company achieves another Milestone with the successful Renovation, Modernisation and Uprating of 110 MW Unit, Working Life Extended by 15-20 Years. The company bags India Today Best Maharatna PSU Awards for Global Presence & Innovation & R&D. The company achieves major breakthrough, Wins country`s first ever EPC contract for 800 MW rating Supercritical Power Project. The company also bags EPC contract for 2x660 MW rating Supercritical Power Project. The company wins order for 444 MW Hydro Electric Project. In Uttarakhand, the company wins contract for supply and installation of ESP package for 2x800MW Darlipali Supercritical Thermal Power Project. The company achieves another Milestone with Successful Renovation and Modernisation (R and M) of 110 MW Unit at Muzaffarpur Thermal Power Station; Working Life Extended by 15-20 Years. The company wins ICAI National Award for Excellence in Cost Management for the ninth consecutive year. The company bags PSE Excellence Award 2014 for R and D and Technology Development In 2015, the company, has commissioned its fourth 270 MW coal based thermal power plant at RattanIndia Power Limited, Nandgaonpeth in Amravati, Maharashtra. The company bags contract for 1,080 MW Manuguru Thermal Power Project from TSGENCO. The company has secured an order worth Rs 5,000 crore for setting up a 4x270 MW thermal power plant in the state of Telangana. President of Rwanda inaugurates Hydro Electric Plant set up by the company in Rwanda. The company has successfully constructed and commissioned the 28 MW Nyaborongo-1 hydro electric power plant in the African Region. The company Wins worth Rs.225 crors Order for 120 MW Hydro Electric Project in West Bengal. The company Commissions 660 MW Supercritical Thermal Unit in Bihar. The company commissions another 270 MW Thermal Unit in Maharashtra. The company has won worth Rs 3,810 crore order for setting up the 1x800 MW Supercritical Thermal power plant in Telangana. The company wins Power Cycle Piping package contract for revival of NTPC`S 3x660 MW Barh Super Thermal Power Proiect, Stage-I. The company bags Rs. 1,202 Crore Order for 370 MW Gas-based Combined Cycle Power Project. The company secures its single largest order worth Rs 17,950 cr. The company has inked a Memorandum of Understanding (MoU) with INTMA with an to set up a gas-based power project in Kazakhstan. The company also signs three strategic MoUs in Kazakhstan.