Bharat Heavy Electricals Ltd (BHEL) has successfully manufactured India’s first set of Catalysts for Selective Catalyst Reactors (SCR) for limiting NOx emissions from thermal power plants. Notably, these catalysts were hitherto being imported and this is a significant milestone under the ‘Make in India’ initiative of the Government of India. The first set of indigenously manufactured SCR catalysts for the 5x800 MW Yadadri Thermal Power Station (TPS) in Telangana, were flagged off from the company’s Solar Business Division (SBD) unit in Bengaluru.
BHEL has set up a state-of-the-art SCR catalyst manufacturing facility at its SBD unit to cater to NOx abatement in thermal power stations. Recognising the long-term severe effects of NOx and in consideration of the Ministry of Environment and Forest’s notification, TSGENCO had placed an order for SCRs for 5x800 MW Yadadri TPS, MAHAGENCO for 1x660 MW Bhusawal TPS, WBPDCL for 1x660 MW Sagardighi TPS and NALCO for 1x18.5 MW Damanjodi TPS.
The company has recently secured an order valued at Rs 4,000 crore for the provision of equipment including a boiler, turbine, generator, as well as associated auxiliaries. This order also encompasses control and instrumentation components. The order comes from Mahan Energen Limited, previously recognised as Essar Power MP Limited, which stands as a wholly-owned subsidiary of Adani Power Limited.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
Today, the stock opened at Rs 113.35, with a high and low of Rs 113.35 and Rs 108.60. The stock closed trading at Rs 109.55, down by 1.35%. The stock has a 52-week high of Rs 113.35 and a 52-week low of Rs 51.80.
In the last six months, the shares of the company have given about 50% returns, and Investors should keep a close eye on this stock.
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