"The unit has been commissioned at Madhya Pradesh Power Generating Company Limited's 2x600 MW Shree Singaji thermal power project, located near Dongaliya village in Madhya Pradesh," BHEL said in a statement.
State-run power equipment maker BHEL today said it has operationalised a 600 MW thermal unit in Madhya Pradesh.
"The unit has been commissioned at Madhya Pradesh Power Generating Company Limited's 2x600 MW Shree Singaji thermal power project, located near Dongaliya village in Madhya Pradesh," BHEL said in a statement.
Earlier, the first unit at the same power project was commissioned by BHEL in November, 2013.
BHEL's scope of work includes design, engineering and and commissioning of project.
The company has a share of more than 90 percent in the thermal generating capacity of the state utility in Madhya Pradesh. In addition, BHEL is executing 1x500 MW Vindhyachal and 2x800 MW Gadarwara coal based projects of NTPC in Madhya Pradesh.
The BHEL scrip closed at Rs 219.10, down 2.95 percent, on the BSE.
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BHEL stock price
On October 16, 2014, Bharat Heavy Electricals closed at Rs 219.10, down Rs 6.65, or 2.95 percent. The 52-week high of the share was Rs 291.50 and the 52-week low was Rs 131.05.
The company's trailing 12-month (TTM) EPS was at Rs 13.03 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 16.82. The latest book value of the company is Rs 135.02 per share. At current value, the price-to-book value of the company is 1.62.
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