BHEL Renews Technology Partnership with Vogt Power International for HRSGs

Bharat Heavy Electricals Limited (BHEL) has renewed its Technology Collaboration Agreement (TCA) with Vogt Power International Inc. (VPI), USA. This extension focuses on advancing Heat Recovery Steam Generators (HRSGs), reinforcing BHEL’s technological capabilities in the power sector.

Key Details of the Agreement  

• Partner: Vogt Power International Inc., USA  
• Area of Agreement: Heat Recovery Steam Generators  
• Nature: International collaboration  
• Scope: Extending the TCA for HRSGs  

Relevance and Benefits  

The extension of this agreement allows BHEL to stay updated with technological developments in HRSGs. It also helps BHEL maintain a competitive advantage, support business needs for combined cycle and cogeneration plants and contribute to the ‘Make in India’ initiative.  

About Bharat Heavy Electricals Limited

Bharat Heavy Electricals Limited is an Indian public sector company known for manufacturing power equipment. It is known for its strong technical expertise, extensive manufacturing capabilities and contributions to India’s industrial growth. Established in 1964, it plays a key role in India’s power and industrial sectors, focusing on advanced technology and supporting the ‘Make in India’ initiative.

Share performance 

As of March 26, 2025, at 1:55 PM, the shares of BHEL are trading at ₹212.36 per share, reflecting a loss of 0.58% from the previous day’s closing price. Over the past month, the stock has registered a profit of 13.29%. The stock’s 52-week high stands at ₹335.35 per share, while its low is ₹176.00 per share.

Conclusion

The extension of the agreement between BHEL and VPI marks a strategic step for BHEL to enhance its technological capabilities and remain competitive in the global market. This collaboration is expected to benefit both entities and support India’s goal of increasing domestic manufacturing strength.

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