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.

Scrip of Bharat Heavy Electricals setlled at Rs 1,324, down 2.05 percent on National Stock Exchange (NSE).The total volume of shares traded at the NSE was 508,033.