Bharat Heavy Electricals Limited (BHEL) on Monday issued a clarification on media reports that stated the company board has approved an investment worth Rs 17,195.3 crore for the third phase of the Singrauli Super Thermal Power Project. “As of now, BHEL has not received any order from NTPC regarding the subject project,” the company said in a regulatory filing.
“The company had submitted a price bid on 21.12.2023, and is the only bidder, for the mentioned NTPC tender, which is an activity in the normal course of business. Submission of bid does not result into automatic bagging of an order, therefore, is not required to be informed under Regulation 30 of the SEBI Listing Regulations, 2015,” BHEL added.
