BHEL Files Lawsuit in Bengaluru Court Seeking Recovery from Raichur Power Corporation
Bharat Heavy Electricals Limited (BHEL), a Government of India Undertaking, has filed a commercial lawsuit seeking the recovery of amounts due from Raichur Power Corporation Ltd. The suit has been lodged before the Bengaluru Commercial Court.The legal action pertains to amounts owed to BHEL under a contract for the supply of services and equipment. Specifically, the suit relates to work executed for the 2 X 800 MW Units and associated works at the Yeramaras Thermal Power Station.
The details of the commercial claim, filed on April 17, 2026, are summarized below:
| Detail | Description |
|---|---|
| Plaintiff | BHEL |
| Defendant | Raichur Power Corporation Ltd. |
| Location of Suit | Bengaluru Commercial Court |
| Subject Matter | Recovery of amounts due under contract for supply and services for 2 X 800 MW Units and other associated works for Yeramaras Thermal Power Station. |
| BHEL's Claim Amount | INR 143.21 crores |
BHEL Stock Price Movement
Today, Bharat Heavy Electricals Limited shares edged higher, settling at ₹316.79 after gaining 2.25% for the session. The stock marked a strong performance today, achieving a volume of 25.07 million shares and reaching its 52-week high of ₹317.8.Source:
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