Bharat Heavy Electricals Ltd. secured contracts worth as much as 280 billion rupees ($3 billion) for supplying equipment to Adani Power Ltd. , underscoring an increase in private-sector spending on new capacity.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-11-04/india-s-bhel-wins-3-billion-adani-power-orders-shares-jump)