Big Order: Security of railways will be strengthened, government company gets order worth 23 crores

News Topical, Digital Desk : Big Order: Government engineering company Bharat Heavy Electricals Limited (BHEL) announced that it has received an order worth about Rs 22.87 crore (including GST) from the South Western Railway Division of the Indian Railways. This order is for the railway safety system KAVACH. Under this, BHEL will have to design, develop, supply, install, trial and commission on-board KAVACH equipment in locomotives and trackside KAVACH systems at stations, level crossings, interlocking cabins and automatic block signaling locations.

The order will be completed in 18 months
The company said that this equipment will be manufactured at BHEL facility in Bengaluru and this order will be completed in 18 months. This step will help in strengthening the safety infrastructure of Indian Railways. Recently received an order of Rs 2,600 crore Recently BHEL received another big order of Rs 2,600 crore (excluding GST) from MB Power (Madhya Pradesh) Limited in the first week of September. This order is for Anuppur Thermal Power Project (1x800 MW) in Madhya Pradesh. This order includes the supply of boiler, turbine, generator and other equipment, which will be made based on supercritical technology. The boiler will be manufactured at BHEL's Trichy plant and the turbine-generator will be produced at Haridwar unit. The company said that the supply schedule will be completed in 58 months. BHEL clarified that neither the promoters of the company nor any other company of the group have any stake in this order. 

BHEL Share Price On Friday, BHEL Stock Price was Rs 228.40. It has increased by 6.16 percent in the last 5 days, 1.97 percent in 1 month and 18.14 percent in 6 months. Whereas in 1 year this stock has slipped by 13.58 percent. 

Read More: Share News: As soon as the market closed, the company informed about the order of ₹712 crore – the stock will be monitored