Sunday, April 9, 2017

Ample replacement order opportunity can perk up BHEL

In an otherwise quiet day of trade, BHEL's stock was among the top gainers, up about 4.4 cent reacting positively to the Central Electricity Authority (CEA) observations. The government body has identified power generation plants with capacities totalling to 72 gigawatts (GW) which need replacement to comply with the new environmental norms notified in December 2015. One GW is 1,000 megawatts. The new norms specify for reduced sulphur dioxide and nitrogen oxide emissions among others. To be compliant with these norms, the power plants need to install flue-gas desulfurisation units ref: http://www.business-standard.com/article/opinion/ample-replacement-order-opportunity-can-perk-up-bhel-117040600787_1.html

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