Bharat Heavy Electricals Ltd
BHEL receives Limited Notice to Proceed (LNTP) from DVC 1x800 MW Durgapur (Main plant package)
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 11 Jun 2026, 01:33 PM IST · BSE ID: 85152eaf-2e61-4a73-819a-9a57d3727878
View Original BSE Filing (PDF)
💡
In Simple Terms
BHEL received an initial approval to start engineering and order parts for a power plant, valued over Rs. 90 Crore.
🤖 AI Summary
- BHEL received Limited Notice to Proceed (LNTP) for 1x800 MW Durgapur thermal power project.
- Damodar Valley Corporation (DVC) awarded the LNTP for the Main plant package.
- LNTP value is over Rs. 90 Crore excluding GST for advance engineering and ordering.
- Full order for supply and execution is anticipated within 10 months from LNTP issuance.
🔢 Key Numbers — exact figures from BSE filing, not rounded
LNTP consideration
Over Rs. 90 Cr. excl. GST
🏢 How This Affects the Company
This LNTP advances a significant thermal power project in BHEL's order pipeline, contributing to future revenue streams from the Main plant package.
The LNTP represents over Rs. 90 Crore in advance engineering and ordering costs, with the full project value to be confirmed upon award of the main contract.
BHEL will initiate advance engineering and procure long-lead items, impacting its project planning and supply chain management for the Durgapur project.
This LNTP mitigates the risk of the project not proceeding, though the final order award remains contingent on DVC's completion of contractual requirements within 10 months.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders. Monitor for the full order award within 10 months.
👤
Who Is Affected
All shareholders are affected as this represents an advancement in BHEL's order book and future revenue potential.
🔍
Management Signal
Management is actively pursuing and securing project milestones for future large-scale power generation equipment contracts.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Full order award confirmation from DVC within 10 months.
Details of the main plant package supply and execution scope.
Future updates on the Durgapur supercritical thermal power station progress.
LOW RISK
LNTP received for advance works, with full order issuance subject to DVC's conditions within 10 months.
💡 Investor Takeaway
BHEL received an LNTP from DVC for the 1x800 MW Durgapur project's Main plant package, valued over Rs. 90 Cr (excl. GST), for advance engineering and long lead item ordering.
⚖️ Strengths & Concerns
✅ Positives
- LNTP received for advance engineering and ordering of critical long lead items, valued over Rs. 90 Cr.
- Domestic entity DVC awarded the contract through International Competitive Bidding, confirming market competitiveness.
📅 Company Track Record
BHEL recently secured a Rs. 21,000 Cr EPC order for the Meja thermal power project and a Rs. 2000-2500 Crores Nigeria contract for gas turbine generators.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the Limited Notice to Proceed (LNTP) received by BHEL from DVC?
The LNTP is valued at over Rs. 90 Crore, excluding GST, for initiating advance engineering and ordering.
What project is the LNTP from DVC for?
The LNTP is for the Main plant package (Boiler, Turbine, Generator) of a 1x800 MW Durgapur supercritical thermal power station.
When is the full order for the Durgapur project expected to be awarded to BHEL?
The full order for supply and execution of the Main plant package is expected to be awarded by DVC within 10 months from the LNTP issuance date.
Is the DVC contract awarded through domestic or international bidding?
The contract was awarded through International Competitive Bidding, and DVC is a domestic entity.
Questions based on this BSE filing only. For information purposes.