The share worth of Bharat Heavy Electricals (BHEL) elevated by 2% on 11 April after the corporate signed a long-term (10-year) Memorandum of Understanding (MOU) with Nuovo Pignone Worldwide s.r.l. to handle compressor revamp alternatives in India’s fertiliser sectors.
BHEL can be the principal (lead) bidder to the desired shoppers for addressing the compressor prepare overhaul enterprise prospects in India’s fertiliser sector, and Nuovo Pignone Worldwide will likely be nominated as a vendor to BHEL below the topic MoU with a particular scope of labor.
On 3 April, Rajasthan Half I Energy Transmission, a 100% subsidiary of Adani Power Options (AESL), signed a contract with Hitachi Power India to design and construct 6,000 MW, ±800 kV, bi-pole, and bi-directional high-voltage direct present (HVDC) terminals to move renewable power from Bhadla, Rajasthan, to the commercial and transportation hub in Fatehpur, Uttar Pradesh.
On 28 March, a Letter of Intent (LoI) for a mission price Rs 11,800 crore was delivered to the company by the Chhattisgarh State Energy Era Company Restricted (CSPGCL).
The share hit a 52-week excessive of Rs 335.40 on 9 July 2024, and a 52-week low of Rs 176.00 on 3 March 2025.
At 12:30 pm, the shares of BHEL have been buying and selling 1.74% increased at Rs 215.50 on NSE.
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