Core Announcement – Order Details
Awarding Entity: Bharat Heavy Electricals Limited (BHEL)
Domestic/International Order: Domestic
Nature of Order/Contract: Long Term Rate Contract for supply of critical stationary and rotating airfoils (blades) for heavy duty gas turbines. Specifically includes stator vanes and rotor blades.
Order Value: Approximately ₹52.68 crore
Materiality Context: The company had executed a similar rate contract in May 2026 which was initially assessed as not material. Considering the combined value and duration of both arrangements, the contract is now considered material and disclosed accordingly.
Execution Timeline: October 9, 2028 (two-year duration)
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified