BHEL gains on Power Grid order for Gujarat synchronous condenser project

Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award from Power Grid Corporation of India Limited (POWERGRID) for establishing synchronous condensers at Kalyanpur in Gujarat. The equipment will have a combined capacity of +300/-200 MVAR, enhancing reactive power support and voltage stability in the region's power transmission infrastructure.

The contract represents a significant addition to BHEL's order book in the power equipment sector. Synchronous condensers are critical devices in electrical grids, helping maintain voltage levels and improve power quality by supplying or absorbing reactive power as needed during peak demand periods.

Market reaction to the announcement was positive, with BHEL shares rising 3.5 percent following the order notification. The Kalyanpur installation is expected to strengthen Gujarat's power transmission capacity and support the state's growing energy requirements.

The project underscores continued collaboration between BHEL and POWERGRID, India's largest power transmission company, in modernizing and expanding the national grid infrastructure. Both organizations have a long-standing partnership in executing critical power system projects across the country.