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BHEL Achieves 19% Revenue Growth, Reaching Rs 27,350 Crore in 2024-25

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Bharat Heavy Electricals Ltd (BHEL), a leading player in the public sector engineering domain, has reported an impressive 19% year-on-year increase in revenue, reaching ₹27,350 crore for the financial year 2024-25, as announced in a company statement on Sunday.

The company achieved its highest order inflows to date, totaling ₹92,534 crore, bringing its overall order book to ₹195,922 crore by the end of FY 2024-25.

BHEL continues to lead in the power sector with orders worth ₹81,349 crore. Currently, the company has 39 boilers in its order backlog. Leading the way, Adani Power has placed the most orders for these boilers, totaling 14 units, all with a capacity of 800 MW for thermal power plants. This is followed by the National Thermal Power Corporation (NTPC) with 11 boilers. Additionally, state-owned enterprises from Chhattisgarh, Gujarat, and Maharashtra have also contributed orders, with Neyveli Lignite Corporation (NLC) and Damodar Valley Corporation (DVC) ordering three and four boilers, respectively. Among the 39 boilers, 31 are 800 MW each and eight are 660 MW each.

Recently, BHEL received a Letter of Intent (LOI) for an engineering, procurement, and construction (EPC) package for two 660 MW ‘Supercritical’ thermal power plants at Hasdeo Thermal Power Station in Chhattisgarh’s Korba district. The contract includes the supply of supercritical equipment like boilers, turbines, generators, along with the execution of civil works.

In addition to its power sector achievements, BHEL’s industrial segment secured fresh orders worth ₹11,185 crore, demonstrating the company’s broad reach across various fields including transportation, defense, process industries, and industrial equipment.

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To date, BHEL has commissioned or synchronized 8.1 GW of thermal power capacity, underscoring its ongoing dedication to project delivery and operational efficiency. With double-digit revenue growth, a record order book, and a robust execution pipeline, BHEL is poised to enter FY 2025-26 with significant momentum. The company remains focused on providing impactful infrastructure, promoting indigenisation, and enhancing stakeholder value.

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Business

Domestic LPG Cylinder Price Increased by Rs 29

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New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

READ MORE :Odisha Engineer under Vigilance Scanner

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

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Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

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Honda Begins Delivery of 2026 City Hybrid

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Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

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READ MORE:Boy Dies in Cricket Camp Accident in Mumbai

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.

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Overseas Loans by Indian Firms See Sharp Decline

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Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.

Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.

In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.

In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.

Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.

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READ MORE :AC Coach of Thiruvananthapuram-Delhi Rajdhani Express Catches Fire

The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.

Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.

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