According to the press release, BHEL becomes the lowest bidder for a project proposed by NPCIL.
Nuclear Power Corporation of India Limited gave the notice for tender of the fleet mode of construction. The project involves the 6×700 MW Turbine Island Package. In the bidding process, Bharat Heavy Electricals Limited becomes the lowest bidder for an amount of Rs 10,800 crore.
The majority of the Pressurized Heavy Water Reactors of NPCIL contain the steam turbine generator sets. These are supplied by Bharat Heavy Electricals Limited. The performance of these sets is remarkable and has attained the world record of sustained operation for 962 days.
Indian Nuclear Power Program got a contribution of supply the critical equipment for many years from BHEL.
They also got an order from the Indian Navy for supply of mounts, prominent guns for all navy warships.
Consequently, the share price of BHEL went up by 7% after a downfall in the past two days. Additionally, it has now become the exclusive nuclear steam turbine supplier from India. The share increased by 4.59% against the prior close of Rs 50.10.
The performance of BHEL indicated a pursuing contribution towards self-sustenance in the production of nuclear equipment. The undertaking of such initiatives is a catalyst for promoting Atma-Nirbhar Bharat Abhiyan.
At 12:00 pm the scrip price was Rs 53.20 on National Stock Exchange.
BHEL started its operation in 1964 and is the largest manufacturer of nuclear equipment.
It offers specialized products to the core sector of the economy that is defense, power, transportation, etc.
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