BHEL Wins ₹6,650 Cr NTPC Order for Odisha Power Project

Bharat Heavy Electricals (BHEL) has announced that it has secured an order exceeding Rs 6,650 crore from NTPC for the implementation of an EPC package at the Darlipali Supercritical Thermal Power Project Stage-II located in Sundargarh district, Odisha.

 The Notification of Award (NoA) was received on 6 November 2025, and the order encompasses the design, engineering, supply of equipment, erection and commissioning, along with associated civil works for the 1x800 MW supercritical thermal power unit. The company anticipates that the completion of facilities (COF) will occur within 48 months from the date of the Notification of Award.

BHEL has clarified that both itself and NTPC are Central Public Sector Enterprises (CPSEs) and that this transaction does not qualify as a related party transaction.

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 Bharat Heavy Electricals (BHEL) operates as an integrated manufacturer of power plant equipment, involved in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a wide array of products and systems.

 The company serves critical sectors of the Indian economy, such as power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL stands as the premier engineering and manufacturing enterprise in India, owned and operated by the Government of India.

The company's consolidated net profit soared by 253.17% to Rs 374.89 crore in Q2 FY26, compared to Rs 106.15 crore in Q2 FY25. Revenue from operations increased by 14.06% year-on-year, reaching Rs 7,511.80 crore in the quarter ending 30 September 2025. The stock price rose by 0.58% to Rs 261.45 on the BSE.