According to recent developments in the market, there has been a major drop in the sensed in India. There are now speculations that this happened due to the rise in valuations, after there was a two-week rally in the position of equities.

Today, the benchmark at Bombay Stock Exchange has gained 80 points whereas the Foreign Institutional Investors (FIIs) were observed to bought shares worth nearly Rs 2,953 crore in three sessions since June 23, notified the analysts.

Power equipment manufacturer Bharat Heavy Electricals (BHEL) announced that it has pocketed a deal linked to a thermal power project in West Bengal.

The scope of the deal, which is valued at Rs 3,220 crore, is for delivery and induction of the main facility package for the Sagardighi Thermal Power Project phase-II in the state of West Bengal.

The public sector Bharat Heavy Electricals Ltd (BHEL) announced that it has pocketed a deal from Visa Power Ltd (VPL).

The order worth Rs 2,665 crore is for establishing a 1,200 MW thermal power facility in Chhattisgarh.

Visa Power Ltd, a part of the Visa group, has diversified interests in steel, power, mining, global business, shipping and logistics, has placed

Bharat Heavy Electricals Ltd (BHEL) has declared that it is entering into a joint venture (JV) deal with Kerala administration.

As per reports, the said JV deal will be inked for setting up a JV firm to get hold of the Kasargod division of KEL that makes alternators for railway applications and other industrial apps.

According to recent reports, Bharat Heavy Electricals Ltd (BHEL) has pocketed an order worth at Rs 26.65 billion.

The scope of new order comprises establishment of a 1,200 MW thermal power facility (2x600 MW) in Chhattisgarh.

The Bharat Heavy Electricals Ltd (BHEL) and the Maharashtra State Power Generation Company (MahaGenco) on Wednesday signed an agreement to establish a 1,500 MW gas-based power plant in Latur.

According to the agreement, in case the Centre fails to allocate gas to the plant, both the partners would go ahead with the construction of a 1,320 MW thermal plant at the same place.

The plant would have advanced super-critical technology and would be free from pollution.

Bharat Heavy Electricals (BHEL) has announced that it has been awarded Rs 50.40 billion contract by Jindal Power for constructing 2,400 megawatt power plant in Chhattisgarh.

Under the said contract, BHEL would install four units of 600 megawatt each in O P Jindal super thermal power plant situated at Raigarh in Chhattisgarh.

The major activity of BHEL in the contract entails designs, engineering, manufacture, supply and erection of boilers, turbines, generators and associated auxilliary.

India-based Bharat Heavy Electricals Ltd announced that it has won an order worth Rs 2000 crore from Oman.

Under the contract, the state-owned power equipment firm will supply 126 megawatt gas turbine generator packages for various power projects envisaged by Petroleum Development of Oman (PDO).

According to the sources, the proposed pact will initially be valid for six fiscals with an option to extend it further by three years, during which Petroleum Development can acquire additional units from BHEL.

State-run Bharat Heavy Electrical Limited (BHEL) has announced that it has linked up with Tamil Nadu Electricity board to commence a 2x800 Mw Thermal power plant at Udangudi in Tuticorin district, Tamil Nadu.

According to the sources, the association would be christened Udangudi Power Corporation Ltd, in which TNEB, BHEL and other financial institutions, would have equity stakes.