BHEL moves up on commissioning India`s largest floating Solar PV plant in Telangana
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Bharat Heavy Electricals is currently trading at Rs. 46.30, up by 0.35 points or 0.76% from its previous closing of Rs. 45.95 on the BSE.
The scrip opened at Rs. 46.10 and has touched a high and low of Rs. 47.15 and Rs. 46.10 respectively. So far 817939 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 78.65 on 13-Oct-2021 and a 52 week low of Rs. 41.40 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 47.15 and Rs. 44.40 respectively. The current market cap of the company is Rs. 16226.42 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 16.66% and 20.17% respectively.
Bharat Heavy Electricals (BHEL) has successfully commissioned India’s largest floating Solar PV plant rated at 100 MW at NTPC Ramagundam in Telangana. The plant is installed across the natural raw water reservoir, saving valuable land resources, and also conserves water by reducing evaporation.
With innovatively engineered layouts and arrangements for the solar PV modules, electricals and floaters, the plant will ensure that the aquatic ecosystem is maintained while producing clean power. All major components of the solar plant - viz. solar PV modules, floaters, bio-degradable natural ester oil filled inverter-duty transformers, switchgear, SCADA and cables are indigenous, contributing to the Government of India’s ‘Make in India’ mission.
With this, BHEL has achieved the unique distinction of commissioning 3 floating solar projects - 25 MW at NTPC Simhadri, 22 MW at NTPC Kayamkulam and 100 MW at NTPC Ramagundam - in the last 10 months. Each one of them is unique in respect of their engineering and execution features.
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.
