Bharat Heavy Electricals Limited
BHEL.NS
National Stock Exchange of India393.45
INR
+11.85
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Bharat Heavy Electricals Limited
BHEL.NS
(National Stock Exchange of India)
Recent
price
393.45
P/E
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Bharat Heavy Electricals Limited Bharat Heavy Electricals Limited (BHEL.NS) is an Indian central public sector undertaking and one of the largest engineering and manufacturing companies in the country, primarily engaged in the design, engineering, manufacturing, construction, testing, commissioning, and servicing of products and systems for power, transmission, transportation, renewables, defense, oil & gas, and industrial sectors; its core offerings include steam turbines, gas turbines, boilers, generators, hydro turbines and generators, nuclear power plant equipment such as reactor headers and steam generators, solar photovoltaic modules and systems, wind turbines, transformers up to 1200 kV, switchgear, circuit breakers, gas-insulated switchgear (GIS) up to 420 kV, HVDC terminals, traction propulsion equipment and motors for locomotives, EMUs and metro systems, railway electrification systems, defense products like super rapid gun mounts and integrated platform management systems for ships, industrial compressors, valves, heat exchangers, desalination plants, and engineering procurement construction (EPC) services for power plants, substations and transmission lines; the company also provides renovation, modernization and after-market services for existing power equipment. Founded in 1964 and headquartered in New Delhi, India, BHEL operates 16 manufacturing divisions across the country including key facilities at Haridwar, Bhopal, Hyderabad, Tiruchirappalli and Bengaluru, alongside four regional offices, nine service centers, 15 marketing centers and dedicated R&D at Hyderabad supporting over 180 product groups with global references in more than 90 countries across all continents. In recent developments, BHEL signed a 10-year exclusive MoU with Singapore's Horizon Fuel Cell Technologies for hydrogen fuel cell-based rolling stock in India, entered a collaboration with Oil & Natural Gas Corporation (ONGC) for new and renewable energy projects including fuel cells, electrolysers and battery storage under India's National Green Hydrogen Mission, secured a Rs 2,600 crore letter of intent from MB Power for boiler, turbine, generator and auxiliaries for an 800 MW thermal project in Anuppur, inked a contract for the ±800 kV 6000 MW Bhadla-Fatehpur HVDC terminal station, partnered with HIMA Middle East for railway signaling, with IICT for carbon dioxide conversion technology, with Adani Power and NTPC for power projects, formed a proposed joint venture with REC Power Development for renewables and infrastructure despite pending approvals, collaborated with NPCIL for PHWR nuclear opportunities, with Leonardo for air defense guns and Nuovo Pignone for fertilizer compressor revamps, and received an order for methanol firing demonstration in NTPC's gas turbine.