BHEL bags Rs 5,450 cr order from Bajaj group company

BHEL today said it has bagged a Rs 5,450 crore order from a Bajaj group company for supplying power equipment for setting up the 1,980 MW thermal power project at Lalitpur in Uttar Pradesh.

“The order has been placed on BHEL by Lalitpur Power Generation Company Ltd (LPGCL), a Bajaj group company, for setting up the 1,980 MW Lalitpur Supercritical Thermal Power Station (TPS) in Uttar Pradesh,” BHEL said in a statement.

The company has bagged the main plant package contract for three coal-fired thermal units of 660 MW each with supercritical parameters, it said.

BHEL has commissioned about 9,900 MW of power generating sets of various ratings in the State so far.

BHEL is already executing five major contracts for supply of main plant equipment with supercritical parameters for various power projects in the country.

The projects are —— 2x660 MW Barh Thermal Power Project Stage-II of NTPC, 3x660 MW Bara Thermal Power Project of Jaypee Group company, 2x800 MW Yeramarus and 1x800 MW Edlapur Thermal Power Projects of Raichur Power Corporation Ltd and the 1x700 MW Bellary Thermal Power Project (Unit 3) of Karnataka Power Company Ltd.

BHEL is also executing a contract for supply of supercritical steam generators to APGenco’s 2x800 MW Krishnapatnam Thermal Power Project, which is in an advanced stage of completion.

BHEL has established the capability to deliver 15,000 MW of power equipment a year and further augmentation to 20,000 MW a year is under way.

ref:
http://www.thehindubusinessline.com/companies/article1584500.ece

BHEL wins order for Multi-Terminal System

Bharat Heavy Electricals Limited (BHEL) has won a breakthrough order from Power Grid Corporation of India Ltd. for ± 800 kV 6,000 MW HVDC Multi-Terminal System Package associated with the NE/ER-N/WR Interconnector-1 project, in consortium with ABB, Sweden.

This will be world’s first ± 800 kV, 6,000 MW Ultra High Voltage Multi-terminal DC transmission link. The link comprises three converter terminals and a power transmission system with a built in capacity of up to 8,000 MW which is the largest HVDC transmission system ever built. The use of Ultra High Voltage (± 800 kV) minimises transmission losses. In financial terms, this is the largest order finalized in T&D sector anywhere in the world.

The ± 800 kV North-East Agra UHVDC link will have a capacity to transmit up to 6,000 MW of clean hydroelectric power from the North-East Region of the country to Agra across a distance of 1,728 kilometers. This transmission super highway will to a large extent ease the ever increasing power shortages in northern India.

ref:
http://www.constructionweekonline.in/article-7141-bhel_wins_order_for_multi_terminal_system/

BHEL - Flash Results of BHEL for the year ended March 31, 2011

http://www.moneycontrol.com/livefeed_pdf/Mar2011/BHEL_280311.pdf

ref:
http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=420101

BHEL has target of Rs 2770: Devang Mehta

BHEL has target of Rs 2770, says Devang Mehta from Anand Rathi Financial Services.

Mehta told CNBC-TV18, "Going forward BHEL is going to get a lot of order inflows as the capex cycle starts improving. 14-15 gig watts of order is being expected and already 21 gig watts of order is in the commission phase and the next 1-2 years looks like a strong capex cycle and good order flow for them."

He further added, "We do have a fundamental price target of around Rs 2770 for BHEL but on a short term horizon I do not know whether it would do well at least one month but probably two three months down the line things would improve and BHEL and L&T would do very well."

ref:
http://www.moneycontrol.com/news/stocks-views/bhel-has-targetrs-2770-devang-mehta_531964.html

BHEL, ABB consortium wins contract from PowerGrid Corp

State-owned BHEL has won a contract from PowerGrid Corp along with Swedish firm ABB for supplying equipment for the construction of a transmission link.

"BHEL in consortium with ABB has won an order from PowerGrid Corporation of India Ltd for Ultra High Voltage Multi-Terminal DC Transmission link," said an official statement.

The link comprises three converter terminals and a power transmission system with a built-in capacity of up to 8,000 MW. The use of Ultra High Voltage (+ 800 kilovolt) minimises transmission losses.

The North-East Agra U HVDC link will have a capacity to transmit up to 6,000 MW of clean hydroelectric power from the North-East Region of the country to Agra across a distance of 1,728 km.

This transmission super highway will to a large extent ease the ever increasing power shortages in northern India.

The order value for BHEL is Rs 1,590 crores. This is the largest order for BHEL in T&D sector. However, the value of the order for ABB could not be ascertained.

BHEL together with its partner ABB, Sweden, will execute the project involving system engineering, design, supply and installation of three HVDC converter stations. The first stage of the system is scheduled to be operational in 2014 and the second stage in 2015.

ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/bhel-abb-consortium-wins-contract-from-powergrid-corp/articleshow/7779491.cms

BHEL delivers first indigenous gas turbine

The country's first indigenous 250-MW advanced Class 9 Fa+e Gas Turbine manufactured by the Bharat Heavy Electricals Limited (BHEL) here was tested and despatched to the customer, Gujarat State Petroleum Corporation Limited (GSPC), Pipava, in Gujarat, on Monday.

According to a press released issued by Bharat Heavy Electricals Limited, Executive Director of the company R. Krishnan and Executive Director (PE&SD) R.K. Wanchoo flagged off the gas turbine from the newly-built Fram-9 Gas Turbine block.

The turbine, weighing a humongous 300 tonnes, will be transported through the Machilipatnam port to reach the destination in 35 days.

The turbine was carried in a 140-wheel trawler to be transported to the Machilipatnam port by road.

Valued at Rs. 400 crore, it was successfully tested in the first attempt on February 17 in the Ramachandrapuram unit.

Successful establishment of this facility will enable Bharat Heavy Electricals Limited to achieve its objective of desired capacity addition to the country's power requirements.

Bharat Heavy Electricals Limited unit's INTUC president G. Yellaiah and other General Managers were present.


ref:
http://www.hindu.com/2011/03/22/stories/2011032258230100.htm

'AP to add 3300 MW power in two years'

Andhra Pradesh will add at least an additional 3,300 MW of power by March 2013-14 by making an investment of around Rs 18,000 crore.

According to an energy department press release, Suthirtha Bhattacharya, principal secretary, energy, disclosed this during a teleconference with APGenco officials on Saturday. He directed the Genco officials to strive to add another 18,503 MW by the end of 2017 and transform Andhra Pradesh into a power surplus state in the country.

According to the release, Bhattacharya has requested BHEL chairman B Prasada Rao to provide necessary support to synchronise Unit II at Stage VI of Kothagudem Thermal Power Station by this month end. With the completion of this project, it is expected that a generation of 200 MW by April and another 200 MW by May and the entire 500 MW by this June will be added to the state grid.

ref:
http://timesofindia.indiatimes.com/city/hyderabad/AP-to-add-3300-MW-power-in-two-years/articleshow/7745618.cms

BHEL awarded N, NPT certificates by ASME

The High Pressure Boiler Plant of Bharat Heavy Electricals Limited (BHEL), here has been awarded N and NPT certificates of the American Society of Mechanical Engineers (ASME), a professional body and an engineering society. A press release said BHEL was now authorised to use N and NPT stamps for Nuclear vessels to Cl 1,2,3 requirements, piping systems to Cl 1,2,3 requirements, storage tanks to Cl 2,3 requirements, Shop Assembly and Fabrication without design responsibility to Cl 1,2&3 requirements. Through the certification, BHEL is also recognised as a Materials Organisation by ASME, it said. The certificates are valid for three years from January 31, 2011 and have been awarded after in-house efforts of BHEL for nearly a year and rigorous audits by ASME auditors of the quality systems of BHEL to meet the stringent requirements of the nuclear components, it said. The authorisation assumes importance for BHEL, since nuclear power is fast growing as a source of electricity in India after thermal, hydro and renewable sources, it said. As of 2010, India has 19 nuclear power plants in operation generating 4,560 MW while four others are under construction and are expected to generate an additional 2,720 MW of energy, it said. Calling ASME "one of the oldest standards-developing organisations in the world", it said the society produces approximately 600 codes and standards, covering many technical areas, such as boiler components, elevators, and measurement of fluid flow in closed conduits, hand and machine tools. PTI COR ARP

ref:
http://ibnlive.in.com/generalnewsfeed/news/bhel-awarded-n-npt-certificates-by-asme/610552.html

BHEL likely to take final call on floating NBFC by April

Power equipment-maker BHEL is likely to take a final decision on floating a non-banking finance company next month, with a view to cash in on the business potential of funding power projects and acquisitions in overseas markets.

Cash-rich Bharat Heavy Electricals Ltd is looking at creating a NBFC to mainly fund projects in the power sector.

BHEL had appointed financial services firm Crisil to advise the company on floating a non-banking finance company.

"Crisil has submitted the report and the board would soon be considering the same... A final decision is likely in April or after that," sources said.

The state-run entity in a recent regulatory filing said that its board of directors would meet on March 15 to consider "the report of the consultant regarding formation of a non-banking finance company".

BHEL is estimated to have a cash surplus of over Rs 9,000 crore.

more:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-likely-to-take-final-call-on-floating-nbfc-by-april/articleshow/7692711.cms

BHEL may miss FY11 order growth target

India's top power equipment maker Bharat Heavy Electricals Ltd may miss its order growth target of 600 billion rupees ($13.2 billion) for the fiscal year ending March as it faces a slowdown in new domestic orders, its chairman said on Friday.

The state-run firm hopes to garner several large orders in March as potential customers rush to complete their budgeted spends before the fiscal year-end, but may see some contracts pushed into the next year.

"Though it is very difficult to achieve, but I am still maintaining my guidance, if luck favours," BHEL Chairman and Managing Director B Prasada Rao told Reuters over telephone

ref:
http://articles.economictimes.indiatimes.com/2011-03-11/news/28680359_1_growth-target-bhel-chairman-new-orders

BHEL spends the most in social activities: Govt

Bharat Heavy Electricals Ltd emerged as the top public sector unit in terms of funds contribution towards social commitment in 2009-10, Parliament was informed today.

BHEL spent Rs 601 lakh (in the last fiscal) on social activities like improving infrastructure, hospital services, organising medical camps and upgrading infrastructure for schools, Minister of State for Heavy Industries and Public Enterprises A Sai Prathap said in a written reply to Lok Sabha.

NEPA Ltd stands at the second position with contribution worth Rs 271 lakhs in 2009-10 towards free health care services to ex-employees and their spouse, organising health care camps and running schools.
This was followed by Andrew Yule and Company (Rs 256.16 lakhs), Heavy Engineering Corporation (Rs 48.90 lakhs), Hindustan Paper (Rs 34.9 lakhs) and Bharat Heavy Plate and Vessels Limited (Rs 21.95 lakhs).

ref:
http://news.in.msn.com/business/article.aspx?cp-documentid=5022885

BHEL to mull NBFC plan on March 15

Bharat Heavy Electricals Ltd. (BHEL) said that its Board of Directors will meet on March 15, inter alia, to consider the report of the consultant regarding formation of a Non-Banking Finance Company (NBFC).

The state-run engineering giant plans to float a non-banking financial company (NBFC) to finance power projects, Chairman and Managing Director B Prasada Rao was quoted as saying in January.

The company has appointed CRISIL to examine the proposal, Rao had said.

“For now, we are looking at only power projects. If we find scope for others, including equipment financing, we will look into it. We will take a final call after we receive the report,” Rao had said.

BHEL shares slid Rs. 74.50, or 3.6% today to end at Rs. 1,974 on the BSE after touching a day's low of Rs. 1,966 and a day's high of Rs. 2,044. More than two lakh shares changed hands on the BHEL counter.

ref:
http://www.indiainfoline.com/Markets/News/BHEL-to-mull-NBFC-plan-on-March-15/5103679581

BHEL develops 1200 KVA transformers

"We have been successful in developing a 1200 KVA transformer. It costs Rs 25 crore and can serve a population of five lakh if installed at a big power station," RK Mahapatra, AGM, Bharat Heavy Electricals Limited (BHEL), Jhansi, said while talking to newspersons at HBTI on Thursday.

Mahapatra was one of the keynote speakers during Resonance.

He said that BHEL has been exporting quality transformers to countries like Greece, Jordan, Oman, Afghanistan, many Latin American nations, Tanzania, Iraq, Iran, Libya and Egypt. He said that Egypt and Jordan are the biggest importers of transformers from BHEL.

Mahapatra informed that BHEL has developed `control shut reactor' which is capable of controlling power fluctuation.

"Control shut reactor has been developed for the first time in the country. It can be installed in power stations and is capable of controlling fluctuation. This helps in saving electrical appliances from getting damaged," he added.

He said that India has become the third country after US and Japan to have developed super conducting transformer. Is just one-tenth the size of the normal transformers of 2 MVA capacity. Mahapatra said that in these transformers, liquid nitrogen is used as a coolant. A 2 MVA transformer of this type costs around Rs 3 crore, he added.

ref:
http://timesofindia.indiatimes.com/city/kanpur/BHEL-develops-1200-KVA-transformers/articleshow/7674065.cms

BHEL Tiruchi to invest Rs 600 cr over two years

Bharat Heavy Electricals Ltd, Tiruchi, has chalked out a major capacity expansion programme in the next two years at an investment of Rs 600 crore.

This includes the Phase III expansion for a high pressure boiler plant at the existing unit and the Thirumayam unit, which will cater tothe demand from petrochemical industries and nuclear equipment manufacturers.

The Rs 293-crore Thirumayam unit, which will be operational by the end of this year, will have a shop area of about 39,000 sq m.

Speaking to a group of mediapersons from Kochi, Mr A.V. Krishnan, Executive Director, Tiruchi Complex, said the unit is all set to achieve a record turnover of Rs 12,765 crore, and has set a turnover growth of over 30 per cent for 2011-12.

The company registered a turnover of Rs 10,008 crore during 2009-10 against Rs 7,640 crore in the previous year. The Tiruchi complex, which contributes 30 per cent of the company's overall turnover and 40 per cent of the group's profit, has outstanding orders worth Rs 38,600 crore till November 2010.

During the year, the complex has bagged all-time high orders of Rs 15,875 crore, he said.

The production through outsourcing from over 500 vendors also crossed a record four lakh tonnes of boiler structures, 25 per cent more than last year.

A target of 7 lakh tonnes has been set for 2010-11, he added.

Referring to the overall manufacturing capacity of BHEL units altogether, he said with 15 manufacturing units, the company has realised the capability to deliver 15,000 MW per annum in March 2010, and the capacity expansion programme is underway to reach 20,000 MW by 2012.


more at :
http://www.thehindubusinessline.com/companies/article1520144.ece

BHEL Thirumayam facility to be operational by year-end

The Thirumayam unit of public sector Bharat Heavy Electricals Limited (BHEL), involving an investment of Rs.293 crore, will become operational by the end of 2011. The new unit will have more piping products to meet the demand of petrochemical industries and nuclear equipment manufacturers, said A. V. Krishnan, Executive Director, BHEL, Tiruchirapalli.

The ED told a visiting group of journalists from Kochi at Tiruchirapalli recently that the public sector was involved in the development of integrated gasification combined cycle technology which would usher in clean technology. Towards this, a 6.2 MW IGCC research facility has been set up at the Tiruchirapalli unit. The company has also signed a memorandum of understanding with APGENCO for setting up a 182 MW IGCC plant at . He said BHEL had identified to carry out research in clean coal technology applications and ultra supercritical-friendly based applications in thermal power. A joint venture is to be set up at Kalahasthi in Andhra Pradesh for coal handling in cooperation with NTPC. The largest circulating fluidised bed combustion power project of 250 MW would be commissioned by BHEL for NLC this year itself, he said.



ref:
http://www.thehindu.com/business/article1517730.ece

BHEL bags Rs 1,445 cr contract from APGenco

Bharat Heavy Electricals Ltd (BHEL) today said it has bagged an order worth Rs 1,445 crore for a 600 MW thermal power project in Andhra Pradesh.

The contract has been awarded by Andhra Pradesh Power Generation Corporation Ltd (APGenco).


“Valued at Rs 1,445 crore, the contract envisages setting up a 1x600 MW thermal power generating unit for APGenco’s upcoming coal-based thermal power project, located at Rayalaseema in Kadapa district of Andhra Pradesh,” BHEL said in a statement.

The Rayalaseema thermal power project is already equipped with five BHEL-built units of 210 MW each.

The latest contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of steam turbines, generators and boilers, among others.

“In Andhra Pradesh, BHEL is also currently executing orders for three more thermal units, which will generate 1,700 MW of power, on commissioning,” the statement said.

BHEL, a leading power equipment maker, has established the capability to deliver 15,000 MW a year and further augmentation to 20,000 MW a year is under way.


ref:
http://www.thehindubusinessline.com/companies/article1516790.ece

BHEL to consider interim dividend

Bharat Heavy Electricals (BHEL), a state-owned capital goods company, has said that its board will meet on 15 March to consider interim dividend for the financial year 2010-11.

The company has fixed 21 March as the record date to ascertain the names of the shareholders.

The company had paid a last dividend of Rs 12.30 a share as a final dividend in September last year. The last interim dividend was of Rs 11 a share in February last year.

BHEL had posted a net profit of Rs 1,403.20 crore for the quarter ended 31 December. This was a rise of 31% against its previous corresponding profit of Rs 1,072.59 crore.

On the Bombay Stock Exchange, the shares of the company were trading at Rs 2,087.95, down 1.81% at IST 1520.

ref:
http://www.business-standard.com/india/news/bhel-to-consider-interim-dividend/127845/on

BHEL eyes business in Kerala

As part of its efforts to expand its base of away centre vendors, Bharat Heavy Electricals Limited (BHEL), Tiruchi Complex, has invited journalists of print and electronic media from Kerala region for an industrial tour during the course of this week.

An experimentation a few months ago by BHEL, Tiruchi, when it invited a media team consisting of business reporters from Kolkata has fetched the desired results; owing to the awareness created by the media, prospective vendors from West Bengal are making enquiries for sub-contracting business with the Seamless Steel Tube Plant, official sources said. The visibility of BHEL created through the media in Kerala is also expected to create similar business opportunities for the PSU, the sources explained.

Besides the BHEL's shop floors and the Welding Research Institute of national importance, the media team from Kerala will also be taken to the units of front-ranking vendors for an understanding of the dynamics of the sub-contracting business. BHEL officials explain that presence of sub-contractors closer to project sites will help in decreasing the cycle time of product delivery.

Poised to exceed Rs. 12,500 crore turnover mark this fiscal, BHEL, Tiruchi Complex, is on a phenomenal expansion mode to attain a target of 20,000 MW capacity by 2012.


more at:
http://www.hindu.com/2011/03/04/stories/2011030457400100.htm

BHEL-BEL JV to generate power from solar energy

Bharat Electronics Limited (BEL) is all set to enter into a joint venture with the Bharat Heavy Electricals Limited (BHEL) for an ambitious project for power generation from solar energy.

As a part of the project, a power manufacturing facility with a capacity of 250 MW will be installed. An initial agreement has been made in this regard and the final pact will be signed in a month.

The project will be set up at a cost of around `2,000 crore on a 50-50 ratio, BEL officials said. Once it starts operating, the project will achieve its full capacity within 26 months.

“Initially wafer manufacturing facility will be set up as a part of the project. The project will generate 250 MW of power per annum. Of this, 100 MW will be used for production of power modules which will be used for setting up power plants later,” sources said, adding that the technology for setting up the power manufacturing facility is already available with BEL.

Power generation will be possible three months after a power plant facility starts operating. The Union government has already initiated a major project called Jawaharlal Nehru National Solar Mission (JNNSM) for generating 20,000 MW of power by 2020. The officials pointed out that the BEL-BHEL project would help in achieving this goal. “Unlike most existing power generation projects, this initiative is cost-effective. Being a solar-energy based power generation project, there won’t be any major expenditure for purchase of raw materials and the running cost is negligible. Also, being a solar energy based power generation facility, it is environment-friendly and pollution-free.

The power used for setting up and running the facility in the initial phase can be restored within a period of one-and-a-half years,” sources said.

ref:
http://expressbuzz.com/finance/bhel-bel-jv-to-generate-power-from-solar-energy/252485.html

BHEL bags Rs 3,220 cr order for thermal power project in WB

Bharat Heavy Electricals (BHEL) today said it has won an order worth Rs 3,220 crore related to a thermal power project in West Bengal.

The order is for supply and installation of the main plant package for the Sagardighi Thermal Power Project Stage-II in West Bengal. The project has two units of 500 MW each.

In a statement today, BHEL said the order is worth Rs 3,220 crore and has been placed by the West Bengal Power Development Corporation Ltd ( WBPDCL )).

For this contract, BHEL's work would include design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers.

The company would also be responsible for Controls & Instrumentation (C&I), Switchyard and civil works for the main plant package.

"Significantly, even though Stage-I of the power project is equipped with Chinese equipment, yet the customer has reposed confidence in BHEL's capabilities by opting to source equipment from BHEL for the extension project," the firm said.

The order was won under the International Competitive Bidding process.

Shares of the company jumped nearly three per cent to Rs 2,058.50 on the Bombay Stock Exchange .

ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-3220-cr-order-for-thermal-power-project-in-wb/articleshow/7602588.cms