Bharat Heavy Electricals Secures EPC Contract for 3x800 MW Meja Supercritical Thermal Power Project Stage-II

Bharat Heavy Electricals Secures EPC Contract for 3x800 MW Meja Supercritical Thermal Power Project Stage-II

Bharat Heavy Electricals Secures EPC Contract for 3x800 MW Meja Supercritical Thermal Power Project Stage-II​

Bharat Heavy Electricals Limited (BHEL) has secured a contract from Meja Urja Nigam Private Ltd. (MUNPL) for the Engineering, Procurement, and Construction (EPC) package of the 3x800 MW Meja STPP Stage-II project. The award encompasses domestic design, manufacturing, construction, erection, testing, and commissioning works for this significant power venture in Uttar Pradesh.

The contract was awarded by MUNPL on June 4, 2026. MUNPL is a joint venture entity between NTPC Ltd. and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. (UPRVUNL).

The project involves the development of a supercritical thermal power plant in Prayagraj, Uttar Pradesh. BHEL is executing the project as an agency for MUNPL.

Key terms and financial details regarding the contract are summarized below:

FeatureDetail
Awarding EntityMeja Urja Nigam Private Ltd (MUNPL)
Project ScopeEPC package of 3x800 MW Meja supercritical thermal power project Stage-II
Nature of WorkDesign, engineering, manufacturing, supply, construction, erection, testing and commissioning works
Contract ValueOver Rs. 21,000 Cr., excluding GST
Bidding TypeInternational Competitive Bidding
Project TimelineCompletion of Facilities (COF) within 70 months from the date of Notification of Award

The contract falls under domestic execution and does not constitute a related party transaction. The award details confirm that BHEL is undertaking the comprehensive EPC package for this substantial energy infrastructure project.

BHEL Stock Price Movement​

Shares of Bharat Heavy Electricals Limited are gaining as of 11:34 AM, edging higher to ₹396.9 in live trading, marking a 1.98% rise. The stock is demonstrating strong intraday demand, with nearly 5.9 million shares traded so far.
 

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