Bharat Heavy Electricals has successfully commissioned a 1.7 MW Solar PV Plant at Bina in Madhya Pradesh for the Indian Railways. The plant will directly feed power to traction systems of Indian Railways.

The project is a landmark achievement in the history of solar power, as this is the first time that solar power is being directly used for traction applications. Notably, with this, BHEL has achieved direct injection of single-phase 25 kV power to traction substation of Indian Railways.

The project has been jointly conceptualised and developed by BHEL and Indian Railways. BHEL's scope in the project envisaged design, engineering, manufacture, supply, construction, erection, testing,commissioning and O&M based on the inputs provided by Indian Railways. The project has been installed and commissioned by BHEL in just 4.5 months from the date of joint land survey with Indian Railways forthe Bina location (excluding time lost due to Covid disturbances).

This is a pilot project by the company developed on turnkey basis on vacant land of Indian Railways. The concept to design and engineering was carried out in less than 1.5 months. The R&D, development andmanufacturing was completed entirely in-house at BHEL facilities at Bengaluru, Hyderabad, Jhansi and Bhopal.

Significantly, for the first time development of single-phase 850 kW solar inverters and 400 V/25 kV drytype transformers for outdoor duty has been done. Other solar plant equipment such as PV modules,SCADA system and HT switchgear have also been supplied by BHEL's manufacturing units located atBengaluru and Bhopal respectively.

The project is a unique example of joint working of Indian Railways and BHEL in the field of railtransportation. This development marks a major step of merging the advantages of renewable energy inthe railway sector in an unprecedented way. With this successful demonstration by BHEL, IndianRailways' objective of turning its huge land bank into captive PV power plants for supporting the Railwaytraction grid without the support of utilities & the Railways' initiative of 'Go Green' by 2030, will becomea reality.

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The plant will directly feed power to traction systems of Indian Railways, the company said in a BSE filing made during market hours today.

The project is a landmark achievement in the history of solar power, as this is the first time that solar power is being directly used for traction applications. Notably, with this, BHEL has achieved direct injection of single-phase 25 kV power to traction substation of Indian Railways, the company said in a statement.

The project had been jointly conceptualised and developed by BHEL and Indian Railways. BHEL's scope in the project envisaged design, engineering, manufacture, supply, construction, erection, testing, commissioning and O&M (operation and maintenance) services based on the inputs provided by Indian Railways.

BHEL's consolidated net profit fell 17.21% to Rs 162.67 crore on a 23.33% decline in net sales to Rs 5,459.24 crore in Q3 FY20 over Q3 FY19.

State-run BHEL is an engineering and manufacturing company. As of 31 March 2020, the Government of India holds 63.171% stake in the company.

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Bharat Heavy Electricals announced that India Ratings & Research has revised the rating on the long term bank facilities of the company to 'IND AA' from 'IND AA+' and reaffirmed the outlook to 'Negative'. Therating on the short term facilities have been reaffirmed at 'IND Al+'.

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Aarti Industries Ltd, Tata Motors-DVR, IndusInd Bank Ltd and Take Solutions Ltd are among the other losers in the BSE's 'A' group today, 15 June 2020.

Bharat Heavy Electricals Ltd lost 6.52% to Rs 29.4 at 14:53 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 66.77 lakh shares were traded on the counter so far as against the average daily volumes of 37.65 lakh shares in the past one month.

Aarti Industries Ltd tumbled 6.37% to Rs 859.75. The stock was the second biggest loser in 'A' group.On the BSE, 15.04 lakh shares were traded on the counter so far as against the average daily volumes of 42831 shares in the past one month.

Tata Motors-DVR crashed 5.48% to Rs 42.25. The stock was the third biggest loser in 'A' group.On the BSE, 2.56 lakh shares were traded on the counter so far as against the average daily volumes of 3.16 lakh shares in the past one month.

IndusInd Bank Ltd dropped 5.35% to Rs 499.8. The stock was the fourth biggest loser in 'A' group.On the BSE, 23.22 lakh shares were traded on the counter so far as against the average daily volumes of 19.16 lakh shares in the past one month.

Take Solutions Ltd fell 4.98% to Rs 57.3. The stock was the fifth biggest loser in 'A' group.On the BSE, 1959 shares were traded on the counter so far as against the average daily volumes of 26268 shares in the past one month.

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