BHEL Updates on DIPAM Decision, Secures New Railways Order

announced that its board has taken note of DIPAM’s decision not to approve the proposed joint venture with REC Power Development and Consultancy Ltd, a matter discussed in its September 25, 2025 meeting. Meanwhile, the company continues to expand its order book, having recently secured a ₹22.87 crore contract from Indian Railways’ South Western Railway division. The project involves the design, supply, installation, and commissioning of on-board and trackside KAVACH safety systems, with execution scheduled within 18 months at its Bengaluru facility. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.