Bharat Heavy Electricals Limited
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, transmission, Industry, transportation, renewable energy, Oil & Gas and defence.It is the flagship engineering and manufacturing company of India owned and…
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BHEL partnered with Hystar AS, Norway, for PEM Electrolyser Systems. This strategic tie-up enables local manufacturing for green hydrogen projects in India, reinforcing BHEL's capability to offer both alkaline and PEM solutions for the country's growing green hydrogen market.
BHEL clarified online news about its 1200 kV UHVAC Transformer development. The company stated successful testing and commissioning of high-voltage transformers, including a 333 MVA unit and 765 kV transformers, occurred over a decade ago. BHEL remains prepared for 1200 kV requirements.
BHEL is making strides in green initiatives, with 11 units achieving Zero Liquid Discharge and 43.25 MWp solar capacity installed. The company targets 50% non-fossil order book and procured ₹10,752 Cr (54.8%) from MSEs. Noted 2 worker fatalities; 8 employees faced disciplinary action for bribery.
BHEL has partnered with thyssenkrupp nucera India via a strategic tie-up. This collaboration focuses on Alkaline Electrolyser Systems for Green Hydrogen projects, enabling phased indigenization, local manufacturing, and strengthening BHEL's project execution capabilities in India's green energy sector.
BHEL has scheduled its 62nd Annual General Meeting for August 5. Shareholders will vote on a final dividend of Rs. 1.40 per share (70%) for FY2025-26. The record date for this dividend is July 17. Approved dividends will be paid by September 3.