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Bhel rides thermal revival, but must keep up with demand
Mint New Delhi
|March 26, 2025
Tall order
Bharat Heavy Electricals Ltd (Bhel) shares have risen 3% since Friday, when it announced a ₹7,500 crore order win for an 800 MW thermal power generation project. This brings the company's total order book to ₹1.7 trillion—5x the trailing twelve-month revenue.
With a swelling order book and a renewed focus on thermal power capacity additions, timely execution will be key to meeting deadlines and maintaining a competitive edge. Power generation equipment accounts for over three-fourths of Bhel's total orders, while exports remain marginal at 2% and industry-related orders make up the rest.
Dit verhaal komt uit de March 26, 2025-editie van Mint New Delhi.
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