BHEL Shares Rise 3.5% on Power Grid Order for Gujarat Project
· Business · Business Standard
Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% in trading following a new contract win from Power Grid Corporation of India. The order involves supplying synchronous condensers for a grid project located in Gujarat. The exact financial value and execution timeline for the order have not been disclosed.
Why it matters
The order win strengthens BHEL's presence in power transmission infrastructure and grid stabilization equipment in Gujarat.
Read the original report — Business Standard
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