India’s BHEL Wins $3 Billion Adani Power Orders, Shares Jump

Bharat Heavy Electricals Ltd. secured contracts worth 280 billion rupees ($3.36 billion) to supply equipment to Adani Power Ltd. The contracts reflect increased spending by Adani Power on new capacity additions. BHEL manufactures heavy electrical equipment including boilers, turbines, and generators for power plants.

• Bloomberg — India’s BHEL Wins $3 Billion Adani Power Orders, Shares Jump

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