BHEL Wins ₹13,500 Crore NTPC Order for Telangana Project

Key Highlights • Secured ₹13,500 crore contract (ex-GST) from NTPC Limited • Project: 3×800 MW Telangana Stage-II Supercritical Thermal Power Project • Location: Peddapalli, Telangana • Scope: Full EPC — design, engineering, manufacturing, supply, erection, commissioning & testing • Execution timeline: 62 months Additional Details • Awarded through international competitive bidding • BHEL was declared L1 bidder in October 2024 • Both entities are Central Public Sector Enterprises (CPSEs) Why It Matters Large EPC orders significantly boost BHEL’s order book and long-term revenue visibility, supporting sustained execution over multiple years. Learning Outcome For capital goods companies, order inflows and execution timelines are key drivers of future earnings. Investors should track order book strength and project execution capability.