BHEL Wins Rs 66.5 Bn NTPC EPC Order for Odisha Project

11 Nov 2025 CW Team

Bharat Heavy Electricals Ltd (BHEL) has secured an order worth over Rs 66.5 billion from NTPC Ltd for executing an Engineering, Procurement and Construction (EPC) package at the Darlipali Supercritical Thermal Power Project Stage-II in Sundargarh district, Odisha.

The Notification of Award (NoA), issued on 6 November 2025, includes design, engineering, equipment supply, erection, commissioning, and associated civil works for a 1×800 MW supercritical thermal power unit. The completion of facilities (COF) is expected within 48 months from the award date.

BHEL clarified that both NTPC and BHEL are Central Public Sector Enterprises (CPSEs) and the transaction does not qualify as a related-party arrangement.

As India’s leading integrated power-plant equipment manufacturer, BHEL designs, engineers, manufactures, and services systems across the power, transmission, transportation, renewable energy, oil & gas, and defence sectors. The government-owned company’s consolidated net profit surged 253 per cent year-on-year to Rs 3748.9 million in Q2 FY26, on revenue of Rs 7,5118 million. Its shares closed 0.58 per cent higher at Rs 261.45 on the BSE.

Meanwhile, NTPC Green Energy Ltd (NGEL)—NTPC’s renewable arm—reported a 130 per cent jump in quarterly profit to Rs 875.9 million in Q2 FY26, driven by a 21.5 per cent rise in revenue to Rs 6122.9 billion. The stock slipped 0.63 per cent to Rs 324.65 on the BSE.

Infrastructure Urban

30 May 2026

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..