Generally, infrastructure stocks gain in anticipation of or after winning orders as it provides visibility to the business.

BGR Energy has won a Rs 1,855 crore order from Meja Urja Nigam Pvt Ltd for supply of super- critical boilers.

Nellore, Andhra Pradesh-based BGR Energy Systems Limited has bagged a contract from NTPC to supply 2x660-Mw super-critical boilers, to be set up at Solapur in Maharashtra.

BGR Energy today said it has secured an order worth Rs 1,855 crore from National Thermal Power Corporation (NTPC) for supply of two super-critical boilers that marks its foray into high-end power equipment space.

BGR Energy has emerged as the lowest bidder for NTPC’s order for 11 units of boiler sets of 660 Mw. Analysts say the company, which has a joint venture with Hitachi, has bid rather aggressively for this order.

A joint venture (JV) between BGR Energy Systems and Hitachi Power Europe has emerged as the lowest bidder for NTPC’s Rs 16,000-crore supercritical boiler order.

A joint venture between BGR Energy Systems and Hitachi Power Europe GmbH has emerged the lowest bidder for the Rs 16,000 crore power equipment order from NTPC, an official at the state-run power producer said.

BGR Energy Systems is trading higher by 7% at Rs 359, extending its yesterday’s 15% rally, on hopes of getting orders from the state-owned electric utilities company NTPC Limited.

BGR Energy Systems has moved higher by 4% to Rs 289 after securing Rs 1,698 crore EPC contact from the New Delhi-based TRN Energy Private Limited for setting up a coal-based thermal power project.

BGR Energy, which has bagged NTPC order for supply of steam turbines and generators, today said it would prefer a project near the coast, but it would be finalised after discussions with the state-run power corporation.

BGR Energy today said it had emerged as the lowest bidder for supplying nine units of 800 MW steam turbine and generator systems to NTPC.

BGR Energy has surged 4% to Rs 325, extending its Monday’s 5% rally after the company said its electrical projects division has bagged Rs 444 crore order from Nuclear Power Corporation of India (NPCIL).

Engineering, procurement and construction company BGR Energy Systems has bagged Rs 444.48 crore order from Nuclear Power Corporation of India.

BGR Energy has dipped 5% at Rs 412 after reporting 17% year-on-year dip in net profit at Rs 50.25 crore for the quarter ended June 30 compared to Rs 60.54 crore in the corresponding quarter of the previous fiscal.

The city-headquartered firm had reported net profit of Rs 60.54 crore in the year-ago period, a company statement here said.

BGR Energy Systems Ltd said here that it is expected to do a financial closure of its Rs 4,400 crore boiler and turbine manufacturing facilities set to come up in Kanchipuram district of Tamil Nadu. The company has appointed SBI and IDBI for the same.

BGR Energy Systems Ltd expects to achieve financial closure for its Rs 4,400-crore boiler and turbine manufacturing facilities, coming up in Kanchipuram district in Tamil Nadu, in the next three to four months.

Power projects firm BGR Energy Systems expects sales to grow by 15% in FY12, and expects good order flows as it is set to bid for tenders worth 40,000 Mw, company officials said on Thursday.

BGR Energy Systems has zoomed 7% at Rs 535 on reports that the company has got an in-principle approval from two banks for a debt of Rs 3,080 crore to set up supercritical boiler and turbine manufacturing facilities in Tamil Nadu.

Despite poor order flow, analysts are betting heavily on the stock.