PremiumNew Delhi: State-run Bharat Heavy Electricals Ltd (BHEL) on Monday said it has won three orders worth ₹520 crore for setting up solar photovoltaic (SPV) power plants with a combined capacity of 135 mega watt (MW) in Maharashtra and Gujarat.
"Cumulatively valued at ₹520 crore, the orders have been secured from Maharashtra State Power Generation Company, (MAHAGENCO), Gujarat State Electricity Corporation (GSECL) and Gujarat Narmada Valley Fertilizers and Chemicals, (GNFC)," BHEL said in a statement.
BHEL said the order received from MAHAGENCO envisages setting up a 50 MW SPV plant at Kaudgaon, Maharashtra. The GSECL order envisages setting up a 75 MW SPV plant at Dhuvaran, Gujarat.
The company has also received an order from GNFC for setting up 10 MW SPV plant in Gujarat.
Shares of BHEL were trading 0.44% higher at ₹68.55 apiece on BSE.
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