Bharat Heavy Electricals Limited (BHEL) has received orders from Adani Power Limited for four projects of 2×800 MW each, the company informed BSE Limited and the National Stock Exchange of India Ltd. in a disclosure dated November 4, 2026, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
According to the disclosure, each of the four projects (contracts) is valued at Rs 5,000–7,000 crore, excluding GST.
The contracts cover the supply of equipment, comprising boiler, turbine and generator along with auxiliaries, and agreed services for the four 2×800 MW projects. The disclosure describes the significant terms of the orders as contract signing for these supplies and services.
The orders have been awarded by a domestic entity. As per the disclosure, the time period for execution of the orders will be as per the customer’s project requirements.
BHEL stated that neither its promoter, promoter group nor group companies have any interest in Adani Power Limited, the entity that awarded the orders. The company also clarified that the orders do not fall within related party transactions.
