Wednesday, 29 November 2017

top trading news

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Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the second unit of the 2x30 MW Tuirial Hydro Electric Project (HEP) in Mizoram.

BHEL is India’s largest power plant equipment manufacturer and market leader in generation equipment space. BHEL derived ~79% of its revenue from power segment and remaining from the industrial segment (transmission, transportation, renewables, defense) in FY17.

Power generation from Tuirial HEP will contribute to a reduction of greenhouse gas emissions and contribute towards achieving a low carbon development path for the nation.

The order for Electrical & Mechanical (E&M) works for two units of 30 MW each was placed on BHEL by North Eastern Electric Power Corporation Limited (NEEPCO).

Order was for design, manufacture, supply, installation and commissioning of two 30 MW Vertical shaft Francis Turbines & matching Generators, Transformers and Switchyard.

NEEPCO's entire installed hydro capacity of 785 MW has been supplied & commissioned by BHEL. The other hydro project of NEEPCO currently under execution by BHEL is the 4x150 MW Kameng HEP in Arunachal Pradesh.

Bharat Heavy Electricals Ltd ended at Rs 93.2, down by Rs 0.95 or 1.01% from its previous closing of Rs 94.15 on the BSE.
The stock is currently trading above its 200 DMA.

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