BHEL bags Rs 1,202-cr power project order in Karnataka
Posted on 16th January 2015 |
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State-owned Bharat Heavy Electricals Limited (BHEL) has bagged a contract from the Karnataka Power Corporation Limited (KPCL) for setting up a Combined Cycle Power Plant (CCPP), valued at Rs 1,202 crore on engineering, procurement and construction (EPC) basis. The contract involves supply and commissioning of a fuel-efficient Advanced-class Gas Turbine. |
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Bhel to set up Telangana's first thermal power plant for Rs 3,810 cr
Posted on 2nd January 2015 |
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State-owned Bhel has bagged a Rs 3,810 crore contract from Telangana for setting up the newly formed state's first thermal power project. "Valued at Rs 3,810 crore, the order is for setting up the 800 MW supercritical thermal power plant on EPC (engineering, procurement & construction) basis at Kothagudem in Khammam District of Telangana," Bhel said in a statement. |
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Make in India gets defence sector spurt as BHEL takes up submarine project
Posted on 30th December 2014 |
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A day after the government spent time with industry to promote its Make in India initiative, state-owned Bharat Heavy Electricals Ltd (BHEL) announced a foray into submarine manufacturing. Better known for its power business, BHEL has tied up with Mishra Dhatu Nigam and Hindustan Shipyard (HSL), both government-owned, to form a consortium for building submarines. |
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Sensex down over 200 points, Nifty slips below 8,300
Posted on 11th December 2014 |
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Markets extended losses after opening marginally lower, amid weak global cues, with auto and capital goods shares leading the decline. By 9:35, the Sensex was lower by 220 points at 27,611 mark and the Nifty slipped by 64 points at 8,291 mark. |
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BHEL commissions sixth unit of 412 MW Rampur hydro plant
Posted on 4th December 2014 |
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Bharat Heavy Electricals today said it has commissioned the sixth unit of 412 MW Rampur hydel power project in Himachal Pradesh. The state-owned equipment maker has now completed commissioning all the six units -- each having 68.67 MW generation capacity -- of the plant, operated by SJVN Ltd. The project is located on the Satluj river. |
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Markets turn negative; Infosys, ITC down 1%
Posted on 3rd December 2014 |
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Markets opened flat but slipped into negative territory weighed down by profit taking in IT majors and index heavyweight ITC. At 9:35AM, the 30-share Sensex was down 52 points at 28,392 and the 50-share Nifty was down 13 points at 8,512. |
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Markets rebound from day's lows; Axis Bank, HUL up 2%
Posted on 1st November 2014 |
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Benchmark share indices which had pared early gains rebounded after the first hour of trade, amid encouraging manufacturing growth, led by FMCG majors and select private banks. At 10:40AM, the 30-share Sensex was up 64 points at 28,758 and the 50-share Nifty was up 20 points at 8,609. |
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Market rebounds from day's lows; BHEL up 3%
Posted on 26th November 2014 |
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Markets rebounded from their day's lows in late noon trades following a recovery in select financials and capital goods shares while FMCG major ITC continues to lead gains. At 2:15PM, the 30-share Sensex was up 70 points at 28,407 and the 50-share Nifty was up 19 points at 8,482. |
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BHEL gains as foreign brokerage upgrades stock
Posted on 25th November 2014 |
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Shares of BHEL were up nearly 2% at Rs 262 after a foreign brokerage upgraded the stock to "buy"from "sell"earlier. The upgrade is on the back of good orders, earnings, under performance and under ownership by institutional investors, Citigroup said. The brokerage said that the state-owned engineering major is now its top industrial pick and has also raised the target price to Rs 335. |
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Nifty facing resistance above 8,450; HDFC down 1%
Posted on 18th November 2014 |
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Benchmark share indices remained rangebound after the first hour of trade as gains in Bharti Airtel and index heavweight Reliance Industries helped offset losses in IT majors and HDFC. At 10:45AM, the 30-share Sensex was up 64 points at 28,242 and the 50-share Nifty was up 12 points at 8,443. |
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