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
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?