BHEL to Commission 9GW of Thermal Power Projects in 2024-25
POWER & RENEWABLE ENERGY

BHEL to Commission 9GW of Thermal Power Projects in 2024-25

Bharat Heavy Electricals Limited (BHEL) is poised to commission a record 9 gigawatts (GW) of thermal power generation capacity in fiscal year 2024-25, the highest ever thermal power capacity addition for India in a single fiscal year. This significant addition will bolster India’s existing thermal power capacity of over 237 GW.

These projects, awarded by NTPC and state-owned power companies in Tamil Nadu, Maharashtra, and Uttar Pradesh, have faced delays at the land availability and green approvals stages, which were later resolved through consistent efforts by the Centre. The expected market value of these projects is approximately Rs 65,000 crore.

BHEL’s typical annual commissioning has been much lower, with 1,705 MW in 2021-22, 1,460 MW in 2022-23, and a similar capacity in 2023-24. To address these delays, the Ministry of Heavy Industries (MHI) established a dedicated team to speed up project commissioning, ensuring regular monitoring and a strict adherence to timelines.

BHEL also reported a consolidated net profit of ?106.15 crore for the quarter ending September 2024, a significant recovery from the loss reported in the same period the previous year. The power sector remains BHEL's largest revenue contributor, with Rs 5,028.28 crore in revenue and Rs 337.27 crore profit in the second quarter.

Bharat Heavy Electricals Limited (BHEL) is poised to commission a record 9 gigawatts (GW) of thermal power generation capacity in fiscal year 2024-25, the highest ever thermal power capacity addition for India in a single fiscal year. This significant addition will bolster India’s existing thermal power capacity of over 237 GW. These projects, awarded by NTPC and state-owned power companies in Tamil Nadu, Maharashtra, and Uttar Pradesh, have faced delays at the land availability and green approvals stages, which were later resolved through consistent efforts by the Centre. The expected market value of these projects is approximately Rs 65,000 crore. BHEL’s typical annual commissioning has been much lower, with 1,705 MW in 2021-22, 1,460 MW in 2022-23, and a similar capacity in 2023-24. To address these delays, the Ministry of Heavy Industries (MHI) established a dedicated team to speed up project commissioning, ensuring regular monitoring and a strict adherence to timelines. BHEL also reported a consolidated net profit of ?106.15 crore for the quarter ending September 2024, a significant recovery from the loss reported in the same period the previous year. The power sector remains BHEL's largest revenue contributor, with Rs 5,028.28 crore in revenue and Rs 337.27 crore profit in the second quarter.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?