NTPC-BHEL Power Projects Pvt Ltd on Thursday said it's expecting orders worth Rs 7,000 crore by the end of the current fiscal.
NTPC-BHEL Power Projects Pvt Ltd (NBPPL), is a 50:50 joint venture company of state-owned NTPC and BHEL.
The present orderbook of NBPPL stands at Rs 450 crore and is likely to touch Rs 3,500 crore by July, 2010, and to Rs 7,000 crore by the end of the financial year 2010-11, a company statement said.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/NTPC-BHEL-JV-expects-orders-worth-Rs-7000-crore-by-FY11/articleshow/5872674.cms
Thursday, April 29, 2010
BHEL witnesses 27% growth in intellectual capital in FY10
As a result of constant thrust on developing new technologies and products, Bharat Heavy Electricals (BHEL) registered a 27% growth in its intellectual capital in FY 2009-10. The year witnessed filing of 264 patents and copy rights, marking filing of one patent / copyright every working day.
During fiscal 2009-10, BHEL (Q,N,C,F)* invested Rs 8,290 million on R&D efforts - 20% higher than the previous year. With R&D spend at 2.4% of the turnover; BHEL is the highest spender on R&D in India for its kind of industry. Significantly, BHEL is one of the only four Indian companies and the only Indian Public Sector Co. figuring in `The Global Innovation 1,000` of Booz & Co., a list of 1,000 publicly-traded companies which are biggest spenders on R&D in the world.
more at:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20100429124741203&dir=2010/04/29&secID=livenews
During fiscal 2009-10, BHEL (Q,N,C,F)* invested Rs 8,290 million on R&D efforts - 20% higher than the previous year. With R&D spend at 2.4% of the turnover; BHEL is the highest spender on R&D in India for its kind of industry. Significantly, BHEL is one of the only four Indian companies and the only Indian Public Sector Co. figuring in `The Global Innovation 1,000` of Booz & Co., a list of 1,000 publicly-traded companies which are biggest spenders on R&D in the world.
more at:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20100429124741203&dir=2010/04/29&secID=livenews
No Shortage of Staff in BHEL
Bharat Heavy Electricals Limited (BHEL) is presently not under any strain on account of shortage of regular manpower. The Company has been ramping up its manpower to cater to its business requirements in a timely and commensurate manner and is not facing difficulties in its expansion plan on this account. 11,950 people have been inducted during the last three years i.e., 2007-08, 2008-09 and 2009-10.
The category-wise regular manpower strength in BHEL as on 31.03.2010 is as follows:
Executives : 11,649
Supervisors : 8,933
Workers/Others : 25,599
Total : 46,181
There is no backlog of vacancies in recruitment in BHEL. The Company recruits staff in different categories from time to time, depending on its business requirements.
This information was given by Shri Arun Yadav, Minister of State for Heavy Industries and Public Enterprises in a written reply to a question in Lok Sabha today.
ref:
http://pib.nic.in/release/release.asp?relid=61178
The category-wise regular manpower strength in BHEL as on 31.03.2010 is as follows:
Executives : 11,649
Supervisors : 8,933
Workers/Others : 25,599
Total : 46,181
There is no backlog of vacancies in recruitment in BHEL. The Company recruits staff in different categories from time to time, depending on its business requirements.
This information was given by Shri Arun Yadav, Minister of State for Heavy Industries and Public Enterprises in a written reply to a question in Lok Sabha today.
ref:
http://pib.nic.in/release/release.asp?relid=61178
Wednesday, April 28, 2010
BHEL Tiruchirappalli conducts one-day workshop on welding for sub-contractors
The Outsourcing department of Bharat Heavy Electricals Limited (BHEL) and BHEL Small and Medium Industries Association (BHELSIA), in association with the Welding Research Institute (WRI), organised a one-day workshop on Welding Mechanization and Automation for BHEL's vendors here today.
K Mariraj Anand, General Manager (Advanced Technology Products), BHEL, while inaugurating the workshop, said that with the introduction of high-end technologies like supercritical ones and higher capacity nuclear sets of 700 MW and above, welding and fabrication called for challenges of welding superior and difficult materials with highest quality requirements.
Considering that huge volumes are to be handled and BHEL cannot handle the task alone, he said that the outsourcing partners were to be suitably involved to achieve higher levels of productivity and cycle time reduction.
more at:
http://machinist.in/index.php?option=com_content&task=view&id=2726&Itemid=2
K Mariraj Anand, General Manager (Advanced Technology Products), BHEL, while inaugurating the workshop, said that with the introduction of high-end technologies like supercritical ones and higher capacity nuclear sets of 700 MW and above, welding and fabrication called for challenges of welding superior and difficult materials with highest quality requirements.
Considering that huge volumes are to be handled and BHEL cannot handle the task alone, he said that the outsourcing partners were to be suitably involved to achieve higher levels of productivity and cycle time reduction.
more at:
http://machinist.in/index.php?option=com_content&task=view&id=2726&Itemid=2
Tuesday, April 27, 2010
Becoming Vendor to BHEL
BHEL is always looking for new and reliable vendors. It is pleasure to work with BHEL.
Every one who wants to supply anything or get involved commercially, need to have a Vendor registration number. The process of vendor registration is transparent. details are at:
http://www.bhel.com/images/pdf/vendor/SEARP_Feb10Amdt01_for_web.pdf
Whenever there is a requirement of the product/service, your company name may pop up in their system while generating the Purchase Enquiry. Sometimes, the items may not have been linked properly or the Purchase officer may not know you. And he/she may remove your name from the system. Hence, it is recommended to be in touch with concerned people and keep checking the future requirements.
If you are an ex-employee and have close relationships with the existing staff, it is unfortunate that they seem to afraid of Vigilance. I am not sure why ? Anyway, it is their prerogative.
Tenders of different units can be seen at:
http://www.bhel.com/tender/list_tender.php
All the best
Every one who wants to supply anything or get involved commercially, need to have a Vendor registration number. The process of vendor registration is transparent. details are at:
http://www.bhel.com/images/pdf/vendor/SEARP_Feb10Amdt01_for_web.pdf
Whenever there is a requirement of the product/service, your company name may pop up in their system while generating the Purchase Enquiry. Sometimes, the items may not have been linked properly or the Purchase officer may not know you. And he/she may remove your name from the system. Hence, it is recommended to be in touch with concerned people and keep checking the future requirements.
If you are an ex-employee and have close relationships with the existing staff, it is unfortunate that they seem to afraid of Vigilance. I am not sure why ? Anyway, it is their prerogative.
Tenders of different units can be seen at:
http://www.bhel.com/tender/list_tender.php
All the best
BHEL - Distribution of Shareholding as on 31.03.2010
President of India holds 33,15,10,000 shares in BHEL !
Mutual Funds - 3,34,84,614 shares
Insurance Companies - 1,98,98,057 shares
Foreign Institutional Investors - 7,44,35,163 shares
Corporate Bodies - 2,02,04,090 shares
For complete details:
http://www.bhel.com/dynamic_files//press_files/pdf/shareholding_mar_2010.pdf
Ramesh
PS: I repent for not buying preferential shares allotted to employees, while I was working there :-(
Mutual Funds - 3,34,84,614 shares
Insurance Companies - 1,98,98,057 shares
Foreign Institutional Investors - 7,44,35,163 shares
Corporate Bodies - 2,02,04,090 shares
For complete details:
http://www.bhel.com/dynamic_files//press_files/pdf/shareholding_mar_2010.pdf
Ramesh
PS: I repent for not buying preferential shares allotted to employees, while I was working there :-(
Monday, April 26, 2010
BHEL Experienced Engineers Recruitment 2010 Selection Process
BHEL, Bharat Heavy Electricals Ltd. Experienced Engineers Recruitment Selection Process. All eligible candidates invited for Personal Interview will be paid First Class or AC 2 Tier Class to and fro rail fare from the starting station or the mailing address whichever is nearer to the place of interview by the shortest route on production of proof of journey.
more at;
http://www.spotthisnow.com/2010/04/bhel-experienced-engineers-recruitment-2010-selection-process/
more at;
http://www.spotthisnow.com/2010/04/bhel-experienced-engineers-recruitment-2010-selection-process/
Thursday, April 22, 2010
KPCL mulls super critical thermal power plant-BHEL recommends renovation and modernisation
Karnataka Power Corporation Limited (KPCL), which is facing frequent shutdowns at the first two units of Raichur Thermal Power Station (RTPS), is looking to set up a 600-800 Mw super critical thermal power station instead of renovating them. The Unit 1 and 2 of RTPS are 26 years old and generate power below their capacity. At present, they together generate around 230 Mw as against 420 Mw.
S M Jamdar, managing director, KPCL, said the cost of renovation of these two units will be close to Rs 400 crore and the setting up of an altogether new unit using super critical thermal technology will cost around Rs 3,000 crore for a 600 Mw unit.
A super-critical plant has a thermal efficiency of 45 per cent, as compared with a sub-critical plant’s efficiency level of 30-38 per cent.
“We had commissioned Bharat Heavy Electricals Ltd (BHEL) to study the health of Unit 1 & 2 of RTPS. BHEL has recommended for renovation and modernisation of these two units to increase their life for further 15 years or go in for a new unit using super-critical technology and set up a 600-Mw project. We are examining both the options and will take a decision within three months,” Jamdar told reporters, here on Thursday. BHEL had supplied the equipment for the first two units of the RTPS.
more at:
http://www.business-standard.com/india/news/kpcl-mulls-super-critical-thermal-power-plant/392716/
S M Jamdar, managing director, KPCL, said the cost of renovation of these two units will be close to Rs 400 crore and the setting up of an altogether new unit using super critical thermal technology will cost around Rs 3,000 crore for a 600 Mw unit.
A super-critical plant has a thermal efficiency of 45 per cent, as compared with a sub-critical plant’s efficiency level of 30-38 per cent.
“We had commissioned Bharat Heavy Electricals Ltd (BHEL) to study the health of Unit 1 & 2 of RTPS. BHEL has recommended for renovation and modernisation of these two units to increase their life for further 15 years or go in for a new unit using super-critical technology and set up a 600-Mw project. We are examining both the options and will take a decision within three months,” Jamdar told reporters, here on Thursday. BHEL had supplied the equipment for the first two units of the RTPS.
more at:
http://www.business-standard.com/india/news/kpcl-mulls-super-critical-thermal-power-plant/392716/
Wednesday, April 21, 2010
Power ministry opposes duty on Chinese imports
The power ministry has opposed a move for immediate imposition of import barriers, including slapping of upto 14% safeguards duty, on power generation equipment from China to protect domestic manufacturers such as state-run Bhel. Instead, the ministry favours introduction of such measures from April 2012, or the beginning of the 12th Plan, to avoid tripping ongoing projects and raise cost of electricity.
In a letter to cabinet secretary K M Chandrashekhar, power secretary H S Brahma has said the Planning Commission report recommending such measures has wrongly projected agreement of his ministry. Expressing ‘‘serious reservations’’ on the report by Plan panel member Arun Maira, Brahma says the duty barrier should not be imposed before April 2012.
more at:
http://timesofindia.indiatimes.com/biz/india-business/Power-ministry-opposes-duty-on-Chinese-imports/articleshow/5842294.cms
In a letter to cabinet secretary K M Chandrashekhar, power secretary H S Brahma has said the Planning Commission report recommending such measures has wrongly projected agreement of his ministry. Expressing ‘‘serious reservations’’ on the report by Plan panel member Arun Maira, Brahma says the duty barrier should not be imposed before April 2012.
more at:
http://timesofindia.indiatimes.com/biz/india-business/Power-ministry-opposes-duty-on-Chinese-imports/articleshow/5842294.cms
Tuesday, April 20, 2010
'Why China, we are not afraid of any competition' - BP Rao, CMD, BHEL
Private power equipment providers have been complaining that they are losing out to cheaper competition from Chinese manufacturers. But B Prasada Rao, chairman and managing director of state-owned Bharat Heavy Electricals Ltd (BHEL), tells Kanika Datta it’s possible to counter the problem with better-performing products.
Last financial year, the Rs 34,050-crore engineering giant proved it could do so by bagging large private sector orders. Edited excerpts:
You have said you are not all that worried about competition from China. Why is this?
Ultimately, competition is competition, but it is also true that with China, we are not on a level playing field. There are two things when it comes to competition from China. One is that they have the advantage of their own state subsidies, the other is that our government must ensure that our domestic taxes and import duties do not favour foreign players over domestic players — and please note the words foreign players, not just Chinese. The argument from BHEL’s side has always been that we will demonstrate our competitiveness if you give us a level playing field. In fact, we have been demonstrating our competitiveness since the late seventies when international competitive bidding (ICB) was introduced, even before the entire economy was liberalised in the nineties.
ref:
http://www.business-standard.com/india/news/%5Cwhy-china-wenot-afraidany-competition%5C/392597/
Last financial year, the Rs 34,050-crore engineering giant proved it could do so by bagging large private sector orders. Edited excerpts:
You have said you are not all that worried about competition from China. Why is this?
Ultimately, competition is competition, but it is also true that with China, we are not on a level playing field. There are two things when it comes to competition from China. One is that they have the advantage of their own state subsidies, the other is that our government must ensure that our domestic taxes and import duties do not favour foreign players over domestic players — and please note the words foreign players, not just Chinese. The argument from BHEL’s side has always been that we will demonstrate our competitiveness if you give us a level playing field. In fact, we have been demonstrating our competitiveness since the late seventies when international competitive bidding (ICB) was introduced, even before the entire economy was liberalised in the nineties.
ref:
http://www.business-standard.com/india/news/%5Cwhy-china-wenot-afraidany-competition%5C/392597/
Bhel eyes 4-5 ventures to meet Railways' demand
Keen to grow its revenues outside its bread-and-butter power equipment business, Bharat Heavy Electricals Ltd (Bhel) is looking to have in place four to five joint ventures by the end of this calendar year to drive its railways plans.
The segments that the state-owned heavy industry giant is bracing itself for are diesel and electric locomotives, railways ancillary, electrical multiple units and coaches, including those for metro networks coming up in various urban cities.
“We will form joint ventures for all the railway projects that we will bid for. There may be four to five joint ventures that may be required to be formed. Railways will take up 26% equity in these projects, while the rest will be shared between the third partner and us,” a Bhel official said.
One tender that the company is set to bid for is that of the railways’ proposal to set up a facility for manufacturing EMUs and coaches. This facility will come up at Kanchrapara in West Bengal and will supply 500 units to the railways every year.
Around 150 acres of land has been earmarked for setting up the factory. The requests for qualification will be opened on May 31.
ref:
http://www.dnaindia.com/money/report_bhel-eyes-4-5-ventures-to-meet-railways-demand_1373761
The segments that the state-owned heavy industry giant is bracing itself for are diesel and electric locomotives, railways ancillary, electrical multiple units and coaches, including those for metro networks coming up in various urban cities.
“We will form joint ventures for all the railway projects that we will bid for. There may be four to five joint ventures that may be required to be formed. Railways will take up 26% equity in these projects, while the rest will be shared between the third partner and us,” a Bhel official said.
One tender that the company is set to bid for is that of the railways’ proposal to set up a facility for manufacturing EMUs and coaches. This facility will come up at Kanchrapara in West Bengal and will supply 500 units to the railways every year.
Around 150 acres of land has been earmarked for setting up the factory. The requests for qualification will be opened on May 31.
ref:
http://www.dnaindia.com/money/report_bhel-eyes-4-5-ventures-to-meet-railways-demand_1373761
Monday, April 19, 2010
BHEL bags Rs 6,300 crore order for power plant in Karnataka
BHEL today said it has bagged a Rs 6,300 crore order for setting up an energy-efficient power plant in Karnataka.
"BHEL has won a Rs 6,300 crore contract for executing a 1,600 MW supercritical thermal power project in Karnataka for Raichur Power Corporation Limited (RPCL)," a company statement issued today said.
The contract envisages design, engineering, manufacture, supply, erection and commissioning of two coal-fired thermal units of 800 MW each with supercritical parameters (energy efficient and environment friendly) at Raichur in Karnataka.
RPCL is a joint venture company of Karnataka Power Corporation Limited (KPCL) and BHEL, which has been set up to build, own and operate supercritical thermal power plants in Karnataka.
BHEL is also executing a contract for supply of supercritical steam generators to APGenco's 2x800 MW Krishnapatnam Thermal Power Project, which is at an advanced stage of completion, the statement added.
ref:
http://economictimes.indiatimes.com/articleshow/5831214.cms
"BHEL has won a Rs 6,300 crore contract for executing a 1,600 MW supercritical thermal power project in Karnataka for Raichur Power Corporation Limited (RPCL)," a company statement issued today said.
The contract envisages design, engineering, manufacture, supply, erection and commissioning of two coal-fired thermal units of 800 MW each with supercritical parameters (energy efficient and environment friendly) at Raichur in Karnataka.
RPCL is a joint venture company of Karnataka Power Corporation Limited (KPCL) and BHEL, which has been set up to build, own and operate supercritical thermal power plants in Karnataka.
BHEL is also executing a contract for supply of supercritical steam generators to APGenco's 2x800 MW Krishnapatnam Thermal Power Project, which is at an advanced stage of completion, the statement added.
ref:
http://economictimes.indiatimes.com/articleshow/5831214.cms
Friday, April 16, 2010
BHEL observes Fire service day
National Fire Service Day was observed on 14.04.2010 at Fire Station BHEL Bhopal with paying homage to the martyr’s who sacrificed their lives while fire fighting in Victoria Dock Yard Terminal on 14th April 1944 by laying of wreath by chief guest RK Girdonia GM (HR) BHEL, R.B.Singh Dy. Commandant CISF and other officials. On this occasion two minutes silence was observed by all as a mark of respect to the brave fire fighters who shed their lives for the Nation. A pledge was delivered by Asstt. Commandant/Fire, CISF, P.Vinod and taken by all CISF personnel & BHEL employees that they will strive their level best to reduce fire incidents in BHEL, Bhopal by spreading fire prevention awareness and adhering to Fire Safety norms.
ref:
http://www.centralchronicle.com/viewnews.asp?articleID=32608
ref:
http://www.centralchronicle.com/viewnews.asp?articleID=32608
BHEL best amongst capital goods stocks
Couple of these capital goods stocks, an L&T, BHEL, Crompton, Macquarie is a bit bullish on all the three and you also have ABB and Siemens where they are recommending a sell.
We like BHEL amongst the capital goods pack and Larsen is looking weak. So it would possibly have a pair trade. You could be long BHEL and short Larsen on an equal value basis. The thing we like BHEL but even BHEL is not giving an absolute breakout on the price charts. It is failing to get past the 2600 levels but yeah, it definitely looks likely to outperform whereas Larsen, it has completed the pullback move from the lows and there should be some weakness you could see in Larsen. So the best way to trade would be long BHEL, short Larsen on value neutral basis.
More at:
http://economictimes.indiatimes.com/Views/Recommendations/articleshow/5815854.cms
We like BHEL amongst the capital goods pack and Larsen is looking weak. So it would possibly have a pair trade. You could be long BHEL and short Larsen on an equal value basis. The thing we like BHEL but even BHEL is not giving an absolute breakout on the price charts. It is failing to get past the 2600 levels but yeah, it definitely looks likely to outperform whereas Larsen, it has completed the pullback move from the lows and there should be some weakness you could see in Larsen. So the best way to trade would be long BHEL, short Larsen on value neutral basis.
More at:
http://economictimes.indiatimes.com/Views/Recommendations/articleshow/5815854.cms
Wednesday, April 14, 2010
BHEL capacity augmentation and asset modernization in 2009-10
BHEL made a capital investment of INR 1767 crore during 2009-10 towards augmentation of manufacturing capacity and modernisation of facilities in manufacturing units and at power project sites, as against INR 1082 crore invested during 2009-10, registering an increase in capital investment of about 63%.
Focused attention was given on rebuilding and retrofitting of existing facilities to enhance their life, accuracy and productivity through an additional investment of INR 51 Crore.
BHEL has set-up state of the art facilities to manufacture supercritical equipment. A world-class facility for manufacture of high rating transformers has also been set up at Bhopal.
A new Centralised Stamping Unit commenced production at Jagdishpur in Uttar Pradesh.
BHEL has developed the capability to deliver 15,000 MW of power equipment per annum. Further augmentation to 20,000 MW per annum is underway and is expected to be completed by March 2012.
ref:
http://www.steelguru.com/news/index/MTQxMDYw/BHEL_capacity_augmentation_and_asset_modernization_in_2009-10.html
Focused attention was given on rebuilding and retrofitting of existing facilities to enhance their life, accuracy and productivity through an additional investment of INR 51 Crore.
BHEL has set-up state of the art facilities to manufacture supercritical equipment. A world-class facility for manufacture of high rating transformers has also been set up at Bhopal.
A new Centralised Stamping Unit commenced production at Jagdishpur in Uttar Pradesh.
BHEL has developed the capability to deliver 15,000 MW of power equipment per annum. Further augmentation to 20,000 MW per annum is underway and is expected to be completed by March 2012.
ref:
http://www.steelguru.com/news/index/MTQxMDYw/BHEL_capacity_augmentation_and_asset_modernization_in_2009-10.html
Tuesday, April 13, 2010
Bhel eyes 33% rise in Hyderabad unit turnover
Bharat Heavy Electricals’ (Bhel) unit in Ramachandrapuram near Hyderabad is targeting a 33% rise in turnover to Rs 6,651 crore in the current financial year.
In the year ended March 31, 2010, the unit clocked a turnover of Rs 5,004 crore and a profit of Rs 930 crore.
“The market condition is improving significantly and the ability of the unit to absorb technology and pass it to the customer is helping to maintain a good order book,” R Krishnan, the unit’s general manager, said.
The unit, which posted its highest-ever turnover, is bulking up its order book.
It plans about Rs 205 crore capital investment to enhance capacity.
The unit currently has an order book of Rs 15,264 crore, or about 68% more than what it had the same time previous fiscal.
To meet the contractual obligations of the order book pose a major challenge.
But the unit has taken various initiatives to accelerate manufacturing and project delivery, he said.
More at:
http://www.dnaindia.com/money/report_bhel-eyes-33pct-rise-in-hyderabad-unit-turnover_1371089
In the year ended March 31, 2010, the unit clocked a turnover of Rs 5,004 crore and a profit of Rs 930 crore.
“The market condition is improving significantly and the ability of the unit to absorb technology and pass it to the customer is helping to maintain a good order book,” R Krishnan, the unit’s general manager, said.
The unit, which posted its highest-ever turnover, is bulking up its order book.
It plans about Rs 205 crore capital investment to enhance capacity.
The unit currently has an order book of Rs 15,264 crore, or about 68% more than what it had the same time previous fiscal.
To meet the contractual obligations of the order book pose a major challenge.
But the unit has taken various initiatives to accelerate manufacturing and project delivery, he said.
More at:
http://www.dnaindia.com/money/report_bhel-eyes-33pct-rise-in-hyderabad-unit-turnover_1371089
Monday, April 12, 2010
BHEL units to up biz from Defence
The two major units of country’s largest power and transmission equipment manufacturer, state-owned Bharat Heavy Electricals (BHEL) are planning to re-enter defence business. The units — Tiruchirappalli (Tiruchy) and Ranipet — are planning to produce battle tanks, missile launchers and water desalination facilities for submarines. It may be noted that the Ranipet unit also supplies fuel tankers for space exploration projects.
Recently B P Rao, chairman and managing director of BHEL said, “Talks are on for supplying certain type of equipment for the armed forces.” BHEL is working on supplying heavy duty 127-mm guns to the Navy. BHEL supplies 76-mm guns to Navy.
ref:
http://www.business-standard.com/india/news/bhel-units-tobizdefence/391694/
Recently B P Rao, chairman and managing director of BHEL said, “Talks are on for supplying certain type of equipment for the armed forces.” BHEL is working on supplying heavy duty 127-mm guns to the Navy. BHEL supplies 76-mm guns to Navy.
ref:
http://www.business-standard.com/india/news/bhel-units-tobizdefence/391694/
BHEL Hyderabad unit crosses INR 5000 crore turnover in 2009-10
The Hyderabad unit of Bharat Heavy Electrical Limited crossed the milestone of INR 5,000 crore turnovers during the financial year 2009-10.
Mr R Krishnan in charge general manager of BHEL Hyderabad said that this was despite the recession, stiff international competition and critical input constraints.
The unit achieved INR 5,004 crore for the year, the highest ever and an increase of 21% over last year’s INR 4,149 crore. Its profit before tax was up 24% to INR 930 crore as compared with INR 753 crore in 2008-09. For the year 2010-11, the unit is targeting a 33% increase in turnover to INR 6,651 crore.
He said the company was gearing up for capacity expansion with an investment of INR 250 crore in 2010-11. It had invested about INR 200 crore during 2009-10. The unit had an order book of INR 15,264 crore as at the end of March, an increase of 68% over the previous year.
He said the company was accelerating manufacturing, outsourcing finished assemblies and improving the processes. During the year, it bagged indigenous orders from Hindalco Adithya Aluminium, ThyssenKrupp Industries, Jai Prakash Associates, Bara and Pipavav among others
(Sourced from Business Standard)
Ref:
http://www.steelguru.com/news/index/MTQwODgw/BHEL_Hyderabad_unit_crosses_INR_5000_crore_turnover_in_2009-10.html
Mr R Krishnan in charge general manager of BHEL Hyderabad said that this was despite the recession, stiff international competition and critical input constraints.
The unit achieved INR 5,004 crore for the year, the highest ever and an increase of 21% over last year’s INR 4,149 crore. Its profit before tax was up 24% to INR 930 crore as compared with INR 753 crore in 2008-09. For the year 2010-11, the unit is targeting a 33% increase in turnover to INR 6,651 crore.
He said the company was gearing up for capacity expansion with an investment of INR 250 crore in 2010-11. It had invested about INR 200 crore during 2009-10. The unit had an order book of INR 15,264 crore as at the end of March, an increase of 68% over the previous year.
He said the company was accelerating manufacturing, outsourcing finished assemblies and improving the processes. During the year, it bagged indigenous orders from Hindalco Adithya Aluminium, ThyssenKrupp Industries, Jai Prakash Associates, Bara and Pipavav among others
(Sourced from Business Standard)
Ref:
http://www.steelguru.com/news/index/MTQwODgw/BHEL_Hyderabad_unit_crosses_INR_5000_crore_turnover_in_2009-10.html
BHEL commissions 10 projects in 2009-10
BHEL synchronized/commissioned 6,583 MW of power plant equipment during the year which includes 5,220 MW for Utility, 634 MW for Captive/Industrial sets and 729 MW in overseas markets. In addition, BHEL was ready for commissioning of 412 MW of hydro power projects and is awaiting critical inputs viz. water / power evacuation system.
2. BHEL also commissioned the 2x220 MW (RAPP Unit V & VI) Non-BHEL nuclear set.
3. A major milestone of the year was the commissioning of four power plants in overseas markets the maximum in a single year. While power projects were commissioned in Bangladesh, Iraq, UAE and Indonesia, substations were commissioned in Afghanistan, Ethiopia and Bangladesh.
4. The installed capacity of BHEL supplied Utility sets went up to 91,481 MW and BHEL maintained its two-third share in the country's total installed capacity.
5. Trombay TPS of TATA Power Company Limited, set up by BHEL on EPC basis, was awarded with the Government of India’s National Award for Early Completion.
ref
http://www.steelguru.com/news/index/MTQwNzM3/BHEL_commissions_10_projects_in_2009-10.html
2. BHEL also commissioned the 2x220 MW (RAPP Unit V & VI) Non-BHEL nuclear set.
3. A major milestone of the year was the commissioning of four power plants in overseas markets the maximum in a single year. While power projects were commissioned in Bangladesh, Iraq, UAE and Indonesia, substations were commissioned in Afghanistan, Ethiopia and Bangladesh.
4. The installed capacity of BHEL supplied Utility sets went up to 91,481 MW and BHEL maintained its two-third share in the country's total installed capacity.
5. Trombay TPS of TATA Power Company Limited, set up by BHEL on EPC basis, was awarded with the Government of India’s National Award for Early Completion.
ref
http://www.steelguru.com/news/index/MTQwNzM3/BHEL_commissions_10_projects_in_2009-10.html
‘Bhel’s R & D bill to top Rs 1,000 cr next year’-B Prasada Rao
Bharat Heavy Electricals Ltd (Bhel), faces challenges from all directions in the wake of international competition and increasing input costs. B Prasada Rao, the company's chairman and managing director, spoke with Neeraj Thakur on the company's strategy to safeguard its market share and margins.
Excerpts at :
http://www.3dsyndication.com/showarticlerss.aspx?nid=pUvQuJUV869eJ1cbbMIEbWG6B3avpjvCAV/ppvL0Z6I=
Excerpts at :
http://www.3dsyndication.com/showarticlerss.aspx?nid=pUvQuJUV869eJ1cbbMIEbWG6B3avpjvCAV/ppvL0Z6I=
Sunday, April 11, 2010
BHEL records turnover of over Rs 6,000 crore in FY 2009-10
Bharat Heavy Electricals Limited Research and Development city unit achieved a turnover of Rs 6,334 crores during the year 2009-2010
through products and systems developed in house.
Addressing the annual press meet here today Dr M S Jain, General Manager (Incharge) of the unit said BHEL had the distinction of being one of the four Indian companies figuring in "The Global Innovation 1000" to be ranked for its record expenditure on R&D.
He said BHEL spent Rs 788 crore on R&D efforts which was 2.3 per cent of company turnover.
more at:
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/BHEL-records-turnover-of-over-Rs-6000-crore-in-FY-2009-10/articleshow/5777740.cms
through products and systems developed in house.
Addressing the annual press meet here today Dr M S Jain, General Manager (Incharge) of the unit said BHEL had the distinction of being one of the four Indian companies figuring in "The Global Innovation 1000" to be ranked for its record expenditure on R&D.
He said BHEL spent Rs 788 crore on R&D efforts which was 2.3 per cent of company turnover.
more at:
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/BHEL-records-turnover-of-over-Rs-6000-crore-in-FY-2009-10/articleshow/5777740.cms
No plans to re-launch Electravans by BHEL
The maker on India's first battery operated bus, Bharat Heavy Electricals Limited (BHEL) has no plans to bring back the eco friendly 'Electravan' even as the concerns over pollution and global warming has created a space for such vehicles in the market.
The company was able to sell 300 Electravans and it had planned to set up a subsidiary in 2003. BHEL produced the busses from its Bhopal unit and it also received inquiries from many institutions and government bodies for the bus however the company handed over the responsibility for manufacturing to its unit in Jhansi. After the move the busses were not seen in the market.
The Executive Director Bhopal unit MK Dubey said, "We have no plans to restart production of Electravan as it is not a cost-effective venture. Moreover, we had to be dependent upon suppliers for other equipments and even buy chassis and body of buses. We were manufacturing only motors and other power supply related systems."
Electravans were priced at Rs 11 lakh with a low 55 paise per passenger per km. It has a capacity of 16 passengers and a high speed of 40 km per hour. The bus runs 70 km per charge and it has a payload capacity of 1,000 kg.
The vehicle designed by JB D'Suza was for the purpose of wildlife sanctuaries, safari parks and places of historic importance besides other services like Airport service, post service, mobile banking etc as it is much smoother and with the heavy noises produced by vehicles running on auto fuel.
ref:
http://www.stockwatch.in/plans-re-launch-electravans-bhel-25295
The company was able to sell 300 Electravans and it had planned to set up a subsidiary in 2003. BHEL produced the busses from its Bhopal unit and it also received inquiries from many institutions and government bodies for the bus however the company handed over the responsibility for manufacturing to its unit in Jhansi. After the move the busses were not seen in the market.
The Executive Director Bhopal unit MK Dubey said, "We have no plans to restart production of Electravan as it is not a cost-effective venture. Moreover, we had to be dependent upon suppliers for other equipments and even buy chassis and body of buses. We were manufacturing only motors and other power supply related systems."
Electravans were priced at Rs 11 lakh with a low 55 paise per passenger per km. It has a capacity of 16 passengers and a high speed of 40 km per hour. The bus runs 70 km per charge and it has a payload capacity of 1,000 kg.
The vehicle designed by JB D'Suza was for the purpose of wildlife sanctuaries, safari parks and places of historic importance besides other services like Airport service, post service, mobile banking etc as it is much smoother and with the heavy noises produced by vehicles running on auto fuel.
ref:
http://www.stockwatch.in/plans-re-launch-electravans-bhel-25295
Saturday, April 10, 2010
BHEL to pick up 25pc stake in K'taka power project
BHEL and Karnataka State Electricity Board are likely to soon announce a Rs 9,000 crore joint venture project to set up a 1,600-mw power plant in the state.
"We may announce the joint venture within a month," a senior BHEL official told PTI today.
The JV company would execute the 2x800-mw coal-fired project in the state and BHEL would be the equipment supplier.
The public sector equipment major would hold a minority stake of 25 per cent stake in the joint venture while the rest would be with the Karnataka SEB.
BHEL is joining the JV company with an intention of securing the equipment order estimated to be Rs 6,000 crore, he said, adding the JV agreement would have a clause giving an exit option to BHEL once the project gets commissioned.
ref :
http://www.ptinews.com/news/604193_BHEL-to-pick-up-25pc-stake-in-K-taka-power-project
"We may announce the joint venture within a month," a senior BHEL official told PTI today.
The JV company would execute the 2x800-mw coal-fired project in the state and BHEL would be the equipment supplier.
The public sector equipment major would hold a minority stake of 25 per cent stake in the joint venture while the rest would be with the Karnataka SEB.
BHEL is joining the JV company with an intention of securing the equipment order estimated to be Rs 6,000 crore, he said, adding the JV agreement would have a clause giving an exit option to BHEL once the project gets commissioned.
ref :
http://www.ptinews.com/news/604193_BHEL-to-pick-up-25pc-stake-in-K-taka-power-project
BHEL to focus on nanotech
Bharat Heavy Electricals Limited is setting up a centre of excellence for nanotechnology with an investment of Rs 8.27 crore to explore applications in power systems and products relevant to the company.
The proposed centre at its corporate R&D wing here would be operational by June next year, according to in-charge general manager HS Jain.
Speaking to the media on Thursday, he said the new unit would carry out research to make BHEL future ready in the supercritical arena.
The company was focussed on ultra supercritical power projects and was consolidating its knowledge base to provide technological support. It would also set up a centre of excellence for machine dynamics and compressor and pumps.
more at:
http://sify.com/finance/bhel-to-focus-on-nanotech-news-news-kejbE5cdcjb.html
The proposed centre at its corporate R&D wing here would be operational by June next year, according to in-charge general manager HS Jain.
Speaking to the media on Thursday, he said the new unit would carry out research to make BHEL future ready in the supercritical arena.
The company was focussed on ultra supercritical power projects and was consolidating its knowledge base to provide technological support. It would also set up a centre of excellence for machine dynamics and compressor and pumps.
more at:
http://sify.com/finance/bhel-to-focus-on-nanotech-news-news-kejbE5cdcjb.html
Friday, April 9, 2010
BHEL to float subsidiary to finance power projects
Bharat Heavy Electricals Ltd is considering floating a subsidiary company to finance power projects. In keeping
with the company’s decision to keep focus on the power sector in the coming few years, BHEL is contemplating diversifying for further penetration into India’s growing power sector. This proposal has already been given a go-ahead by the equipment manufacturing giant's board of directors. The Navratna company is contemplating floating a non-banking financial company for financing power projects.
Sources in BHEL told ET Now that the subsidiary company will be set up as a special purpose vehicle. This will give BHEL a big advantage in the power sector; through their subsidiary modeled on the Power Finance Company, BHEL is trying to ensure that it is part of the growth of the power sector in the country not only as the largest equipment maker but also as a financier of projects.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-to-float-subsidiary-to-finance-power-projects/articleshow/5779455.cms
with the company’s decision to keep focus on the power sector in the coming few years, BHEL is contemplating diversifying for further penetration into India’s growing power sector. This proposal has already been given a go-ahead by the equipment manufacturing giant's board of directors. The Navratna company is contemplating floating a non-banking financial company for financing power projects.
Sources in BHEL told ET Now that the subsidiary company will be set up as a special purpose vehicle. This will give BHEL a big advantage in the power sector; through their subsidiary modeled on the Power Finance Company, BHEL is trying to ensure that it is part of the growth of the power sector in the country not only as the largest equipment maker but also as a financier of projects.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-to-float-subsidiary-to-finance-power-projects/articleshow/5779455.cms
Thursday, April 8, 2010
BHEL to set up centres of excellence
Centres of Excellence for nano technology and compressor and pumps would be established here by Bharat Heavy Electricals's Corporate R&D unit, whose efforts enabled the company to achieve an impressive turnover of Rs. 6,334 crore during 2009-10 through in-house development of products and systems.
Giving an overview of the company's achievements in 2009-10 at a press conference here on Thursday, General Manager in-charge H. S. Jain, said during the year, BHEL spent Rs. 788 crore on R&D efforts.
The Rs. 8.20-crore centre for nano technology was expected to be functional by June 2011, while the Rs. 9.90-crore centre for compressors and pumps was in an advanced stage of completion. It had already established a similar centre for machine dynamics.
more at:
http://beta.thehindu.com/business/companies/article392040.ece
Giving an overview of the company's achievements in 2009-10 at a press conference here on Thursday, General Manager in-charge H. S. Jain, said during the year, BHEL spent Rs. 788 crore on R&D efforts.
The Rs. 8.20-crore centre for nano technology was expected to be functional by June 2011, while the Rs. 9.90-crore centre for compressors and pumps was in an advanced stage of completion. It had already established a similar centre for machine dynamics.
more at:
http://beta.thehindu.com/business/companies/article392040.ece
Wednesday, April 7, 2010
BHEL to start work on clean coal energy plant
Work on the country’s first and biggest integrated coal gassification combined cycle (ICGCC) power plant is likely to commence in June 2010. The Rs 2,500-crore plant will come up at Vijayawada in Andhra Pradesh and will be set up by three joint venture partners, with one of them being Bharat Heavy Electricals Ltd (BHEL).
AV Krishnan, executive director, BHEL- Tiruchirappali said the design for the 182 Megawatt plant was complete.
The other two partners include Department of Science and APGenco, a state-owned power generator in Andhra Pradesh. “While our share (one third) is by way of equipment, APGenco will provide land and the department of science will bring in finance,” said Krishnan.
A memorandum of understanding in this regard was signed in 2008.
more at :
http://www.business-standard.com/india/news/bhel-to-start-workclean-coal-energy-plant/391137/
AV Krishnan, executive director, BHEL- Tiruchirappali said the design for the 182 Megawatt plant was complete.
The other two partners include Department of Science and APGenco, a state-owned power generator in Andhra Pradesh. “While our share (one third) is by way of equipment, APGenco will provide land and the department of science will bring in finance,” said Krishnan.
A memorandum of understanding in this regard was signed in 2008.
more at :
http://www.business-standard.com/india/news/bhel-to-start-workclean-coal-energy-plant/391137/
Tuesday, April 6, 2010
Robust earnings, strong order book make Bhel attractive
For FY10, Bharat Heavy Electricals Ltd (Bhel) announced revenue of Rs34,100 crore (up 22%), profit before tax (PBT) of Rs6,350 crore (up 31.3%) and net profit of Rs4,290 crore (up 36.6%). While revenue is in line with our estimates, PBT is 6% below our expectation.
Tax rate declined to 32.5% in FY10 against our estimate of 35%; net profit is just 2.4% below our estimate. For the fourth quarter of FY10, revenue was Rs13,950 crore (up 25.3% year-on-year, or y-o-y), PBT was Rs2,660 crore (up 27% y-o-y) and net profit was Rs1,890 crore (up 40% y-o-y).
FY09’s fourth quarter results included gratuity provisions of Rs330 crore and Sixth Pay Commission arrears of Rs44.3 crore; adjusted net profit is up 18.8% y-o-y. While the revenue is in line with our estimate, PBT is 13.1% lower than our estimate and net profit is 5.2% below estimates. The tax rate for the fourth quarter of FY10 was 29.1% against our estimate of 35%. We await further details on the adjustments and also the composition of cost, earnings before interest, tax, depreciation and amortization (Ebitda) margin, other income, etc.
more at:
http://www.livemint.com/2010/04/06211135/Robust-earnings-strong-order.html
Tax rate declined to 32.5% in FY10 against our estimate of 35%; net profit is just 2.4% below our estimate. For the fourth quarter of FY10, revenue was Rs13,950 crore (up 25.3% year-on-year, or y-o-y), PBT was Rs2,660 crore (up 27% y-o-y) and net profit was Rs1,890 crore (up 40% y-o-y).
FY09’s fourth quarter results included gratuity provisions of Rs330 crore and Sixth Pay Commission arrears of Rs44.3 crore; adjusted net profit is up 18.8% y-o-y. While the revenue is in line with our estimate, PBT is 13.1% lower than our estimate and net profit is 5.2% below estimates. The tax rate for the fourth quarter of FY10 was 29.1% against our estimate of 35%. We await further details on the adjustments and also the composition of cost, earnings before interest, tax, depreciation and amortization (Ebitda) margin, other income, etc.
more at:
http://www.livemint.com/2010/04/06211135/Robust-earnings-strong-order.html
BHEL Trichy unit to spend Rs 400 cr on R&D
Bharat Heavy Electricals Ltd (BHEL’s), Tiruchirappali (Tiruchy), unit is planning to increase the research and development (R&D) spend by 73 per cent to Rs 400 crore. The public sector boiler manufacturing unit has said it will spend 3.5 per cent of the turnover in R&D, according to company’s senior official.
A V Krishnan, executive director, BHEL- Tiruchy said, R&D spend during 2009-10 was Rs 231 crore, which is 2.31 per cent of turnover. In the coming fiscal it will increase to Rs 400 crore, which will be 3.5 per cent of the turnover.
"Compared to other BHEL units across the country our spend on R&D will be the highest," said Krishnan.
more at:
http://sify.com/finance/bhel-unit-to-spend-rs-400-cr-on-r-d-news-news-kehcaDhhfic.html
A V Krishnan, executive director, BHEL- Tiruchy said, R&D spend during 2009-10 was Rs 231 crore, which is 2.31 per cent of turnover. In the coming fiscal it will increase to Rs 400 crore, which will be 3.5 per cent of the turnover.
"Compared to other BHEL units across the country our spend on R&D will be the highest," said Krishnan.
more at:
http://sify.com/finance/bhel-unit-to-spend-rs-400-cr-on-r-d-news-news-kehcaDhhfic.html
BHEL boiler auxiliaries division cuts cost, raises profit
Strategic sourcing and value engineering in production have helped Bharat Heavy Electricals Ltd's (BHEL) boiler auxiliaries division at Ranipet near here to cut cost substantially and increase profit.
Bhel's Bhopal unit clocks 21% profit
'Between September - November 2009, the steel prices went down and we bought our annual requirement then. We sourced steel at Rs.26,000-Rs.28,000 per tonne. Our annual steel requirement is around 200,000 tonne. The current steel price ranges between Rs.36,000 - Rs.38,000 per tonne,' A. Chandrababu, the unit's general manager, told IANS Monday.
According to him, the inventory carrying cost is not high as the company enjoys 60 days credit period. Further, the interest cost is lower than the steel prices.
more at:
http://sify.com/finance/bhel-boiler-auxiliaries-division-cuts-cost-raises-profit-news-default-kefo4dagcja.html
Bhel's Bhopal unit clocks 21% profit
'Between September - November 2009, the steel prices went down and we bought our annual requirement then. We sourced steel at Rs.26,000-Rs.28,000 per tonne. Our annual steel requirement is around 200,000 tonne. The current steel price ranges between Rs.36,000 - Rs.38,000 per tonne,' A. Chandrababu, the unit's general manager, told IANS Monday.
According to him, the inventory carrying cost is not high as the company enjoys 60 days credit period. Further, the interest cost is lower than the steel prices.
more at:
http://sify.com/finance/bhel-boiler-auxiliaries-division-cuts-cost-raises-profit-news-default-kefo4dagcja.html
Monday, April 5, 2010
BHEL plans to re-enter wind turbine manufacturing business
Bharat Heavy Electricals Ltd (BHEL) is planning to re-enter wind turbine manufacturing space in the next three months. The public sector power equipment major said it was planning to join hands with a foreign technology partner for the re-entry.
BHEL also said it was in the final stage of finalising another foreign partner to bid for water desalination projects in the country, according to a senior official.
A Chandrababu, general manager in-charge, BHEL Ranipet unit, through which BHEL will re-enter the wind turbine manufacturing, said the company was likely to finalise the technology partner in the next three months.
The unit’s existing fabrication facility will be used to manufacture towers and nossels, while it will take another two years to set up a wind blade manufacturing facility near the existing unit in Ranipet.
BHEL that used to manufacture 250 Kw wind turbine generators earlier and discontinued it due to drop in the demands. The company is now looking at manufacturing 1.5-2 Mw machines.
more at:
http://www.business-standard.com/india/news/bhel-plans-to-re-enter-wind-turbine-manufacturing-business/390978/
BHEL also said it was in the final stage of finalising another foreign partner to bid for water desalination projects in the country, according to a senior official.
A Chandrababu, general manager in-charge, BHEL Ranipet unit, through which BHEL will re-enter the wind turbine manufacturing, said the company was likely to finalise the technology partner in the next three months.
The unit’s existing fabrication facility will be used to manufacture towers and nossels, while it will take another two years to set up a wind blade manufacturing facility near the existing unit in Ranipet.
BHEL that used to manufacture 250 Kw wind turbine generators earlier and discontinued it due to drop in the demands. The company is now looking at manufacturing 1.5-2 Mw machines.
more at:
http://www.business-standard.com/india/news/bhel-plans-to-re-enter-wind-turbine-manufacturing-business/390978/
Sunday, April 4, 2010
BHEL to commission NLC power plant this fiscal
equipment major, is all set to commission Neyveli Lignite Corporation’s (NLC) 2x250 MW CFBC (Circulating Fluidised Bed Combustion) power plant this fiscal despite some delay over its execution resulting out of the technical issues with its technology partner Lurgi .
BHEL’s technology partner Lurgi had failed to accede to NLC’s demand to sign the agreements, taking responsibility for the technology.
Announcing this at a press conference, P R Shriram, Executive Director, BHEL, Power Sector, Southern Region, said that the project, which was about to be commissioned in 2008 itself, could not be done for the above reason.
ref:
http://expressbuzz.com/finance/bhel-to-commission-nlc-power-plant-this-fiscal/162515.html
BHEL’s technology partner Lurgi had failed to accede to NLC’s demand to sign the agreements, taking responsibility for the technology.
Announcing this at a press conference, P R Shriram, Executive Director, BHEL, Power Sector, Southern Region, said that the project, which was about to be commissioned in 2008 itself, could not be done for the above reason.
ref:
http://expressbuzz.com/finance/bhel-to-commission-nlc-power-plant-this-fiscal/162515.html
Bhel, PSSR bags Rs 1770 cr worth orders in FY10, posts Rs 1155 cr topline
Bhel, power sector southern region ( PSSR) catering to the four southern states besides Orissa, Chatisgarh and Madhya Pradesh, bagged new
orders worth Rs 1770 core during 2009-10 taking the outstanding orders to Rs 5238 core. It reported a 16% increase in turnover at Rs 1155 crore.
Bhel, PSSR executive director , P R Shriram told media persons on Saturday with old customers returning to the PSU and reposing faith in its brand image, market leadership, technology edge and quality of products and service, it got new orders for 4636 mw last year. Of this, 3730 mw was from State and private sector customers.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/Bhel-PSSR-bags-Rs-1770-cr-worth-orders-in-FY10-posts-Rs-1155-cr-topline/articleshow/5760142.cms
orders worth Rs 1770 core during 2009-10 taking the outstanding orders to Rs 5238 core. It reported a 16% increase in turnover at Rs 1155 crore.
Bhel, PSSR executive director , P R Shriram told media persons on Saturday with old customers returning to the PSU and reposing faith in its brand image, market leadership, technology edge and quality of products and service, it got new orders for 4636 mw last year. Of this, 3730 mw was from State and private sector customers.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/Bhel-PSSR-bags-Rs-1770-cr-worth-orders-in-FY10-posts-Rs-1155-cr-topline/articleshow/5760142.cms
BHEL Tiruchy to invest Rs 690 crore
The Tiruchirappalli unit of Bharat Heavy Electricals Ltd (BHEL) is planning to invest Rs 690 crore to enhance capacity and to set up a greenfield pipe manufacturing facility in Tamil Nadu.
Speaking to reporters here, AV Krishnan, executive director, BHEL - Tiruchirappalli, said the complex was in the process of increasing the total capacity to 1,5000 Mw from the current around 10,000 Mw. The company was also setting up a plant at Thirumayam to manufacture pipes with an investment of Rs 250 crore.
“The total investment in capacity enhancement and Thirumayam would be around Rs 690 crore and it will be completed by December 2011,” said Krishnan.
more at:http://www.business-standard.com/india/news/bhel-tiruchy-to-invest-rs-690-crore/390747/
Speaking to reporters here, AV Krishnan, executive director, BHEL - Tiruchirappalli, said the complex was in the process of increasing the total capacity to 1,5000 Mw from the current around 10,000 Mw. The company was also setting up a plant at Thirumayam to manufacture pipes with an investment of Rs 250 crore.
“The total investment in capacity enhancement and Thirumayam would be around Rs 690 crore and it will be completed by December 2011,” said Krishnan.
more at:http://www.business-standard.com/india/news/bhel-tiruchy-to-invest-rs-690-crore/390747/
Saturday, April 3, 2010
BHEL electronics unit posts 20% growth in pre-tax profit on higher sales
The electronics division of Bharat Heavy Electricals Ltd in Bangalore posted 20 per cent higher pre-tax profit over last year, at Rs 648 crore for the year ended March 31, 2010.
The turnover of Rs 2,405 crore was 13 per cent higher year-on-year, the division's Executive Director, Mr G. Ganapathiraman, said at a news conference on Saturday. Sales turnover had doubled in five years, he said.
The division is increasing its capacity to 20,000 MW by 2012 and will invest around Rs 150 crore at its facilities during 2009-11.
It had hired around 500 people between last year and the current fiscal.
The division, which includes electronics, industrial systems and ceramics businesses, received fresh orders worth Rs 3,239 crore during the year, taking the total orders to Rs 6,384 crore at the start of the new fiscal.
more at:
http://www.thehindubusinessline.com/2010/04/04/stories/2010040452320200.htm
The turnover of Rs 2,405 crore was 13 per cent higher year-on-year, the division's Executive Director, Mr G. Ganapathiraman, said at a news conference on Saturday. Sales turnover had doubled in five years, he said.
The division is increasing its capacity to 20,000 MW by 2012 and will invest around Rs 150 crore at its facilities during 2009-11.
It had hired around 500 people between last year and the current fiscal.
The division, which includes electronics, industrial systems and ceramics businesses, received fresh orders worth Rs 3,239 crore during the year, taking the total orders to Rs 6,384 crore at the start of the new fiscal.
more at:
http://www.thehindubusinessline.com/2010/04/04/stories/2010040452320200.htm
BHEL learning super critical boiler technology
Bharat Heavy Electricals Ltd (BHEL), a major producer of power equipment and industrial goods, is learning the technology to supply super critical boilers on its own without any outside support, a company official said.
A super critical boiler is one that performs under very high pressure.
'By 2013, we will learn the super critical boiler technology. Then we do not need technical assistance from Alstom anymore,' BHEL Executive Director A.V. Krishnan told reporters here Friday.
BHEL has inked a 15-year technology sourcing agreement with Alstom, a global leader in power generation. It will pay Alstom royalty for super critical boilers made with technology provided by the latter.
more at:
http://sify.com/finance/bhel-learning-super-critical-boiler-technology-news-default-kecoObcfcdb.html
A super critical boiler is one that performs under very high pressure.
'By 2013, we will learn the super critical boiler technology. Then we do not need technical assistance from Alstom anymore,' BHEL Executive Director A.V. Krishnan told reporters here Friday.
BHEL has inked a 15-year technology sourcing agreement with Alstom, a global leader in power generation. It will pay Alstom royalty for super critical boilers made with technology provided by the latter.
more at:
http://sify.com/finance/bhel-learning-super-critical-boiler-technology-news-default-kecoObcfcdb.html
Bhel Trichy unit turnover up 34%; to hike capacity to 15,000 mw
The Trichy unit of Bharat Heavy Electricals Ltd has reported an impressive performance, crossing the Rs 10,000-crore turnover target in 2009-10 fiscal — first time in Bhel’s Trichy history and well ahead of its schedule in 2012.
Keeping in mind the swelling order book size, the unit also announced increasing its installed capacity to 15,000 mega watt per annum for the current financial year (2010-11) as against 10,000 mw per annum, coinciding with the Bhel parent’s decision to up installed capacity to 20,000 mw in the current financial year, said AV Krishnan, executive director, Bhel (Trichy).
Bhel Trichy also projected a turnover of Rs 12,765 crore with a profit before tax of Rs 3,542 crore in the current financial year.
more at:
http://www.financialexpress.com/news/Bhel-Trichy-unit-turnover-up-34---to-hike-capacity-to-15-000-mw/599629/
Keeping in mind the swelling order book size, the unit also announced increasing its installed capacity to 15,000 mega watt per annum for the current financial year (2010-11) as against 10,000 mw per annum, coinciding with the Bhel parent’s decision to up installed capacity to 20,000 mw in the current financial year, said AV Krishnan, executive director, Bhel (Trichy).
Bhel Trichy also projected a turnover of Rs 12,765 crore with a profit before tax of Rs 3,542 crore in the current financial year.
more at:
http://www.financialexpress.com/news/Bhel-Trichy-unit-turnover-up-34---to-hike-capacity-to-15-000-mw/599629/
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