New Delhi, March 28 -- BHEL share price increased by more than 3% during Friday's trading session following the announcement made on March 28 that the state-owned firm has received a Letter of Intent (LoI) from the Chhattisgarh State Power Generation Company (CSPGCL) for the Engineering, Procurement, and Construction (EPC) package for the 2x660 MW Korba West Supercritical Thermal Power Plant (STTP).

The initiative, estimated at around Rs.11,800 crore, is situated at the Hasdeo Thermal Power Station in the Korba district of Chhattisgarh. The project includes the provision of supercritical equipment such as the boiler, turbine, generator, and related auxiliaries, as well as the electrical, Control & Instrumentation (C&I), and Balance of Pl...