New Delhi: State-owned Bharat Heavy Electricals Limited (BHEL) has secured a major contract worth over ₹13,500 crore from NTPC Limited for the Telangana Stage-II Supercritical Thermal Power Project, marking a significant boost to its power generation business.
The Notification of Award (NOA) was received on March 29, 2026, and officially disclosed to stock exchanges on March 30, 2026.
Details of the Mega Project
The contract covers the Main Plant Package of the 3×800 MW (2,400 MW) Telangana Stage-II project, located in the Peddapalli district of Telangana.
BHEL’s scope of work includes:
- Design and engineering
- Manufacturing and supply
- Erection and commissioning
- Testing of the boiler, turbine, and generator (BTG) package
- Associated civil and structural works
The project is scheduled to be completed within 62 months from the date of the award.
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Timeline and Bidding Process
BHEL emerged as the successful bidder for the project through an International Competitive Bidding (ICB) process in October 2024.
A Limited Notice to Proceed (LNTP) was issued in November 2024, allowing initial engineering activities. The final NOA now marks the full-scale execution phase of the project.
Boost to BHEL’s Order Book and Power Sector
This large-scale order significantly strengthens BHEL’s order book, ensuring revenue visibility in the coming years and reinforcing its leadership in India’s thermal power sector.
The project will use supercritical technology, which offers:
- Higher efficiency
- Reduced emissions
- Improved fuel utilization
This aligns with India’s push toward cleaner and more efficient thermal power generation.
Strengthening CPSE Collaboration
Both BHEL and NTPC are Central Public Sector Enterprises (CPSEs), and this project highlights strong collaboration between government-owned entities in building critical infrastructure.
The company clarified that the contract is not a related party transaction, as it was awarded through a transparent competitive bidding process.
Positive Impact on Manufacturing Operations
The order is expected to boost activity across BHEL’s manufacturing units, especially those involved in producing boilers, turbines, and generators, leading to increased operational momentum in the coming months.
About BHEL
Bharat Heavy Electricals Limited (BHEL) is one of India’s largest public sector engineering and manufacturing companies, specializing in power generation equipment and industrial solutions. The company plays a key role in developing India’s energy infrastructure, including thermal, hydro, and renewable power projects, and has a strong presence in both domestic and international markets.
About NTPC
NTPC Limited is India’s leading integrated power utility with a strong presence across the entire energy value chain. The company is actively expanding its portfolio in renewable energy, green hydrogen, and sustainable power solutions, while continuing to drive innovation and efficiency in conventional and clean energy generation.
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