Order inflows of Bharat Heavy Electricals Ltd (BHEL) in the first nine months of FY24 have more than doubled, year-on-year.
According to an investor presentation filed by BHEL on stock exchanges, the company witnessed cumulative order inflows of Rs.36,048 crore in the April-December period of FY24 (9MFY24). This was 137 per cent higher than the comparable Rs.15,232 crore in 9MFY23.
Though the order inflow break-up is not available, the presentation indicates that order booking have grown due to “expansion in core sectors of the economy, along with demand of defense products.”
Prominent power sector-related orders received in Q3FY24 included supply of a 310-MVA generator transformer for a thermal power station and a 28.5-MVA generator transformer for a hydropower plant.
Key milestones achieved by BHEL’s power sector in Q3FY24 included:
- Synchronisation completed for Unit #2 of 3×660-mw NTPC North Karanpura, Jharkhand
- Full load achieved for Unit#2 of 2×660-mw Maitree STPP, Bangladesh
- Performance Guarantee (PG) tests completed for Unit #1 of 2×660-MW STPP Maitree, Bangladesh
- PG tests completed for Unit#3 of rating 700 MWe Kakrapar Atomic Power Plant (KAPP), Gujarat
- Capacity addition of Stage-V of 1×800-mw of Dr. NTTPS Vijayawada, APGENCO, Andhra Pradesh
Order book
As of December 31, 2023, BHEL’s outstanding order book stood at Rs.1,08,618 crore that was 19 per cent higher than the comparable level of December 31, 2023.
The power sector had a 70 per cent share in the latest order book, followed by industry with 26 per cent and exports, 4 per cent.
Also read: BHEL Wins Rs.5,500-Crore Order From Haryana State Utility
Featured photograph (source: BHEL) is for representation only.
