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Showing posts with the label BHEL

BHEL, Bharat Forge and two others announce bonus shares today

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Bharat Forge, BHEL, Bharat Electronics and Manpasand Beverages have announces bonus shares today. LATEST NEWS    :   Four companies – Bharat Forge, Bharat Heavy Electricals Limited (BHEL)  , Bharat Electronics and Manpasand Beverages – have announced bonus shares on Thursday. The board of directors of Bharat Forge and Manpasand Beverages have recommended issuing bonus shares to holders of equity shares of the companies in the ratio of 1:1 i.e. one bonus equity share for every one fully paid-up equity shares held. BHEL, the state-owned company, recommended issue of bonus shares to the members of the company by capitalisation of its free reserves in the ratio of 1 bonus equity share for every 2 existing equity shares. BEL approved the proposal for issue of bonus shares in the ratio of 1:10 i.e. one bonus share for every 10 shares held. Except, Manpasand Beverages (up 2% at Rs 784), the remaining three stocks BHEL (down 4% at Rs 128), BEL ...

BHEL bags Rs 233 crore order for steam and power generation from RFCL

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State-owned power equipment maker BHEL on Tuesday said it has won Rs 233 crore order for a steam and power generation package from Ramagundam Fertilizers and Chemicals Ltd (RFCL). "Valued at Rs 233 crore, the order has been placed on BHEL for setting up the package at RFCL's fertilizer plant at Ramagundam in Telangana," BHEL said in a press statement. The scope of the contract includes design, manufacture and commissioning of a 32.5 MW Gas Turbine, 125 TPH Heat Recovery Steam Generator, 85 TPH Utility Boiler and Balance of Plant (BoP) Package along with associated auxiliaries on Lumpsum Turnkey (LSTK) basis. Read this: CPEC master plan revealed: It's all about Chinese penetration into Pakistan The equipment for this package will be supplied by the BHEL's manufacturing units at Hyderabad, Vizag, Bhopal, Jhansi, Bengaluru, Trichy and Chennai. The erection and commissioning of the project will be undertaken by the company's Power Sector...