Latest news with #BHEL
Time of India
a day ago
- Business
- Time of India
HC suspends BHEL notice withdrawing benefits to employees in land dispute
Hyderabad: Justice T Madhavi Devi of the Telangana high court on Tuesday passed an interim order suspending a notice issued by Bharat Heavy Electricals Limited (BHEL) against its serving and retired employees. The notice had threatened to withdraw post-retirement medical benefits and initiate disciplinary proceedings under the CDA Rules against employees associated with Sri Sneha BHEL Employees Mutually Aided Cooperative Housing Society Limited. The petitioner society approached the high court, alleging that BHEL's notice was an act of retaliation after they filed a civil suit and obtained an injunction in an ongoing land dispute. The society claimed to have lawfully purchased 3.31 guntas of land from the Telangana Industrial Infrastructure Corporation through a registered sale deed in 2017, following govt approval via GO No. 55 (dated Feb 19, 2014). You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Petitioner's counsel, Mayur Mundra, argued that after BHEL interfered with their possession of the land, they sought and secured an injunction order from the civil court to restrain BHEL. In response, BHEL allegedly issued the notice as a colourable exercise of power, stating that the employees' association with the civil suit was 'against the interest of the company.' Mundra contended that seeking legal recourse cannot be construed as acting against company interests. After hearing the arguments, Justice Madhavi Devi suspended the BHEL notice, granting interim relief to the petitioners.
Indian Express
2 days ago
- Business
- Indian Express
Telangana High Court pulls up BHEL for threatening employee housing society over wall built on its land
The Telangana High Court on Tuesday suspended a notice that Bharat Heavy Electricals Limited (BHEL) had issued to Sri Sneha BHEL Employees Mutually Aided Cooperative Housing Society Limited objecting to a compound wall the society had built on land allotted to it. The notice accused the society's members of working against its interests. BHEL threatened the members of the society with stoppage of medical benefits to retired employees and disciplinary action against serving employees as per the conduct, discipline, and appeal rules if the wall was not taken down within three days of the receipt of its notice. A bench of Justice T Madhavi Devi suspended the notice dated July 15, 2025 while dealing with a petition filed by the society, comprising both retired and serving employees of BHEL, seeking quashing of the order that it argued was arbitrary, illegal, and violative of the fundamental rights guaranteed under Articles 14, 19(1)(c) and (g), 21, 300A, and 311 of the Constitution of India. The case stems from a land alienation process and demarcation of its boundary in Mumanoor village in Sangareddy district's Ramachandrapuram area. The society was allotted 3.31 acres of land here and it was registered through a sale deed in favour of the society on August 19, 2017. When the society initiated steps to raise a boundary wall to prevent encroachments, BHEL objected. The society then approached the assistant director of survey and land records, requesting official demarcation of boundaries allotted to it, but in vain. The housing society members then moved the high court, which ordered a survey. The survey, conducted on June 11, corroborated the boundaries and the extent of land as recorded in the sale deed. The society contended that the wall construction started after the survey was completed and boundaries were fixed, but that BHEL was unlawfully interfering in the activity and misusing its position as the employer of several members of the society. Mayur Mundra, the counsel for the society, argued that the notice was arbitrary and illegal as the society members were protecting the land allotted to the society and that BHEL cannot coerce them to follow its instructions when the land is allotted to the society. He further argued that the members' retirement benefits and medical benefits cannot be curtailed to put pressure on them to follow BHEL's 'whimsical demands'. The judge questioned the BHEL counsel how the members' actions would go against the interest of the society and said that 'such a notice could not have been issued as it amounted to violation of fundamental rights'.
Mint
7 days ago
- Business
- Mint
Maharatna PSU BHEL declares record date for final dividend. Details here
Maharatna PSU company Bharat Heavy Electricals (BHEL), on Thursday, announced a revised date for of the 61st Annual General Meeting of BHEL and the record date for final dividend for FY 2024-25. According to the exchange filing, the company has rescheduled the 61st AGM date to Tuesday, August 19, 2025. ' Further to our earlier communication dated 02.07.2025, it is informed that the ensuing 61st Annual General Meeting (AGM) of the Company has been rescheduled for Tuesday, 19th August, 2025 at 10 A.M. IST through Video Conferencing/ Other Audio-Visual Means,' the company said in an exchange filing. The company further informed that the record date for the determining shareholders eligibility for the payment of final dividend has also been rescheduled to August 1, 2025. ' The Company has fixed Friday, 1st August, 2025 as the 'Record Date' for the purpose of determining the eligibility of the members to receive final dividend of Rs. 0.50 per share (i.e. @ 25% on the paid up equity share capital) for the year 2024-25,' it added. If approved by the members at the 61st AGM, the dividend will be distributed within 30 days from the date of its declaration, i.e., by or before September 17, 2025. BHEL Q4 results FY25 highlights The company posted a consolidated net profit of ₹504.45 crore in the fourth quarter of FY25, an increase from ₹489.62 crore recorded in the corresponding period last year. Revenue grew to ₹9,142.64 crore compared to ₹8,416.84 crore year-on-year. For the entire fiscal year FY25, net profit more than doubled to ₹533.90 crore from ₹282.22 crore in FY24, while total income rose to ₹28,804.79 crore from ₹24,439.05 crore. Also Read | Nifty 50 Trading Strategy: Analysts recommend this options strategy As of March 31, 2025, BHEL's order book had reached ₹1,95,922 crore, with approximately 75 per cent coming from the power sector. A fresh order from Adani Power has now taken the total order book past the ₹2 lakh crore milestone. In FY25, the company reported its highest-ever annual order inflows of ₹92,534 crore, of which ₹81,349 crore came from the power segment. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
20-07-2025
- Business
- Time of India
NTPC halts FGD work at 5 plants after government exemption; 7 GW projects hit
NTPC has asked Bharat Heavy Electricals Ltd ( BHEL ) to halt installation of flue-gas desulphurisation (FGD) systems at five under-construction coal-fired power plants days after the government exempted most thermal power plants from FGD requirement. The stop work request covers Lara-II, Singrauli-III, Sipat-III, Darlipalli-II, and Telangana-II plants. This translates into desulphurisation works being stalled on projects with over 7 GW capacity that are under construction. "Considering the recent notification issued by the Ministry of Environment, Forest and Climate Change, BHEL is requested to keep all activities related to FGD for the aforementioned projects on hold until further communication," NTPC said in a communication to BHEL. The ministry in a gazette notification on July 11 exempted coal-fired power plants outside a 10-km radius of populated and polluted cities from a 2015 mandate to install FGD systems in phases. BHEL is the country's primary supplier of FGD systems, which remove sulphur dioxide from the plants' exhaust gases. "BHEL has some foreign collaborators in FGD projects and may seek compensation from NTPC for the stop work order," an official aware of the NTPC letter told ET. NTPC had floated several tenders and installed, or is in the process of installing, multiple FGD systems after a 2015 directive made them mandatory for all coal-based plants to meet revised environmental standards. Responding to queries from ET, BHEL said the matter is too premature to comment. '…Specific queries cannot be responded definitively at this stage,' the company said. As of February, 537 thermal units totalling 204 GW capacity were identified for installation of FGDs. Of them, installation was completed in 49 units, while contracts were awarded or were under implementation in 211 units. Another 180 units were under various stages of the tendering process, according to the government. CareEdge Ratings said the FGD exemption for the majority of the plants, with 145 GW capacity, is positive for private companies or independent power producers, as it is a costly pollution control system.
Time of India
19-07-2025
- Business
- Time of India
NTPC halts FGD work at 5 plants after government exemption; 7 GW projects hit
NTPC has asked Bharat Heavy Electricals Ltd ( BHEL ) to halt installation of flue-gas desulphurisation (FGD) systems at five under-construction coal-fired power plants days after the government exempted most thermal power plants from FGD requirement. The stop work request covers Lara-II, Singrauli-III, Sipat-III, Darlipalli-II, and Telangana-II plants. This translates into desulphurisation works being stalled on projects with over 7 GW capacity that are under construction. "Considering the recent notification issued by the Ministry of Environment, Forest and Climate Change, BHEL is requested to keep all activities related to FGD for the aforementioned projects on hold until further communication," NTPC said in a communication to BHEL. Explore courses from Top Institutes in Select a Course Category Digital Marketing Cybersecurity Project Management PGDM Design Thinking Management Product Management healthcare CXO Data Science Healthcare Data Science Technology Degree others MCA Public Policy Artificial Intelligence Operations Management Data Analytics Others Finance MBA Leadership Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details The ministry in a gazette notification on July 11 exempted coal-fired power plants outside a 10-km radius of populated and polluted cities from a 2015 mandate to install FGD systems in phases. BHEL is the country's primary supplier of FGD systems, which remove sulphur dioxide from the plants' exhaust gases. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These WhatsApp hacks are going viral in India google Learn More Undo "BHEL has some foreign collaborators in FGD projects and may seek compensation from NTPC for the stop work order," an official aware of the NTPC letter told ET. NTPC had floated several tenders and installed, or is in the process of installing, multiple FGD systems after a 2015 directive made them mandatory for all coal-based plants to meet revised environmental standards. Live Events Mails sent to NTPC and BHEL remained unanswered till the time of publishing. As of February, 537 thermal units totalling 204 GW capacity were identified for installation of FGDs. Of them, installation was completed in 49 units, while contracts were awarded or were under implementation in 211 units. Another 180 units were under various stages of the tendering process, according to the government. CareEdge Ratings said the FGD exemption for the majority of the plants, with 145 GW capacity, is positive for private companies or independent power producers, as it is a costly pollution control system.
