BHEL shares rally up to 9% on receiving work order from Power Grid
BHEL share price: BHEL and Hitachi Energy India secured a contract from Power Grid to build HVDC terminal stations for a 6,000 MW renewable energy project. The stations will transmit power from Gujarat to Maharashtra, part of India’s 500GW renewable energy plan. BHEL’s shares rose 2% following the announcement, while Hitachi Energy’s shares surged over 9%.
