BHEL Faces Legal Challenges Amid Market Volatility and New Contract Wins

Bharat Heavy Electricals Limited (BHEL) is navigating a complex business landscape in February 2025. The company secured a significant Rs 6,700 crore contract from Singareni Collieries Company for an 800 MW thermal power unit in Telangana. However, BHEL also faces legal hurdles, with arbitration initiated against it by Ducon Technologies, USA and Ducon Infratechnologies, claiming $3.1 million and 37.9 million rupees. Despite these challenges, BHEL received a letter of intent for a Rs 6,200 crore order from Damodar Valley Corporation for a steam generator island package. The company's stock has experienced volatility, declining 18% year-to-date, reflecting investor concerns amidst these mixed developments.
Sources: MoneyControl, NDTV Profit, Business Today