BHEL commissions two more units of Kaleshwaram project; stock down 1% - Highlight Investment Research

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Tuesday, 21 May 2019

BHEL commissions two more units of Kaleshwaram project; stock down 1%

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned two more pumping units (Units 3&4) of 116 MW each, of the 7x116 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana.

BHEL had earlier commissioned units 1&2 of the same project in April 2019. Significantly, the pump for each unit is designed to lift 89.16 cumecs (cubic metres per second) of water by 105.5 metres, the company said in the filing.

 

In Telangana, BHEL has so far commissioned 29 Pump-Motor sets of various ratings cumulatively aggregating to 985 MW. In addition, BHEL is presently executing another 36 Pump-Motor sets totalling to 4,893 MW for various Lift Irrigation Schemes in Telangana, viz. Kaleshwaram (Pranhita Chevella) LIS Packages and Palamuru Rangareddy LIS Packages.

 

In addition to Lift Irrigation projects, BHEL has made significant contribution to the hydro sector of Telangana and has commissioned 1,073 MW of hydro power projects in the state so far.

 

Bharat Heavy Electricals Ltd is currently trading at Rs65.40, down by Rs0.7 or 1.06% from its previous closing of Rs66.10 on the BSE.

 

The scrip opened at Rs66.40 and has touched a high and low of Rs66.40 and Rs64.55 respectively.

 

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