Power equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) has cemented its hold in the hydro power space accounting for the entire capacity addition of 736 MW hydro power during last fiscal.
The company is in the process of executing hydro power projects close to 4,600 MW that are in various stages of execution.
In its filings with the stock exchanges, BHEL said that it had commissioned six hydro power generating sets aggregating 736 MW that accounted for 100 per cent of the hydro power capacity addition during last fiscal.
This also marked the highest capacity addition in the hydro power space in a single year in the past decade by BHEL. BHEL said has it reached the new milestone by commissioning projects of three large Central power utilities - NTPC, NHPC and SJVNL.
BHEL said that it had also booked orders for Tehri Hydro Development Corporation India Ltd’s 4 x 111 MW Vishnugad Pipalkoti HEP and NTPC’s 3 x 40 MW Rammam HEP stage- III, aggregating 564 MW during 2014-15.
The company jas the distinction of commissioning more than 19,600 MW of hydro power generation capacity in India and is currently executing hydro power projects of about 4,600 MW that were under different stages of execution, the company said.
Shares of BHEL were trading at Rs 231.15, down by Rs 2.85, on the NSE.