The water crisis in BHEL township was partially resolved on Monday as the Bhopal Municipal Corporation (BMC), agreed to supply water to the township after the BHEL administration assured to pay the pending water cess due to the corporation. One mgd of water was supplied on Monday as against the demand of 3 mgd. The payment of the bill has been pending for the last decade.
BHEL executive director S S Gupta on Sunday had assured the mayor that Rs 2.15 crore dues would be paid soon. "We decided to resume the water supply only after we received a verbal assurance from the BHEL officials that we will receive the due amount in a short while," said Mayor Krishna Gaur.
ref:
http://timesofindia.indiatimes.com/city/indore/BHEL-agrees-to-pay-water-dues/articleshow/10564128.cms
Monday, October 31, 2011
Sunday, October 30, 2011
India plans duties on import of Chinese power equipment
In a move that may spell trouble for private sector utilities and Chinese makers of power generation equipment, heavy industries minister Praful Patel has called a meeting on Thursday to discuss and push for the imposition of customs duties on imports of such equipment.
The meeting will be attended by officials from the ministries of heavy industries, commerce and power, and follows demands by local manufacturers to restrict Chinese power equipment imports.
“This is because domestic companies have been long complaining that they are becoming increasingly uncompetitive due to the cheaper power equipment imported from China,” said a top government official aware of the meeting, who requested anonymity. “If customs duty along with excise duty is imposed on Chinese power equipment, then the effective tax on such imports will be around 17-18%.”
Bharat Heavy Electricals Ltd (Bhel) and Larsen and Toubro Ltd (L&T) have been lobbying with the government to limit Chinese competition. According to the contours of an earlier proposal, the imported equipment will be subjected to 5% customs duty, 10% countervailing duty and a special additional duty of 4%.
ref:
http://www.livemint.com/2011/10/30224105/Indiaplansduties-on-import-o.html?atype=tp
The meeting will be attended by officials from the ministries of heavy industries, commerce and power, and follows demands by local manufacturers to restrict Chinese power equipment imports.
“This is because domestic companies have been long complaining that they are becoming increasingly uncompetitive due to the cheaper power equipment imported from China,” said a top government official aware of the meeting, who requested anonymity. “If customs duty along with excise duty is imposed on Chinese power equipment, then the effective tax on such imports will be around 17-18%.”
Bharat Heavy Electricals Ltd (Bhel) and Larsen and Toubro Ltd (L&T) have been lobbying with the government to limit Chinese competition. According to the contours of an earlier proposal, the imported equipment will be subjected to 5% customs duty, 10% countervailing duty and a special additional duty of 4%.
ref:
http://www.livemint.com/2011/10/30224105/Indiaplansduties-on-import-o.html?atype=tp
Friday, October 21, 2011
BHEL not to downsize Kudankulam team
Bharat Heavy Electricals Ltd (BHEL) has said that it has no plans to call back employees deployed at the Kudankulam Nuclear Power Project (KNPP) site in Tamil Nadu.
"We do not have any plans to call back our employees or downsize our workforce at Kudankulam," P.R. Shriram, executive director at BHEL-Power Sector Southern Region (PSSR), told IANS.
However, a senior Nuclear Power Corporation of India Limited (NPCIL) official told IANS that BHEL has expressed its concern about the continued delay in the project.
It plans to reduce its contract labour size owing to stoppage of work due to people's agitation, he said.
India's nuclear power plant operator, NPCIL, is building two 1,000 MW nuclear power reactors with Russian technology and equipment in Kudankulam, around 650 km from here.
The first unit is expected to go on stream in December. The project cost is estimated at Rs.13,000 crore.
BHEL is executing the turbine erection and several other projects for us, said a NPCIL official.
Meanwhile, the relay fast protest against the nuclear power project entered its fourth day Friday at Idinthakarai near Kudankulam.
"Today (Friday), people from Kootapulli are on fast. Around 2,000 people are at the protest site," People's Rights Movement coordinator S. Sivasubramanian told IANS.
ref:
http://twocircles.net/2011oct21/bhel_not_downsize_kudankulam_team.html
"We do not have any plans to call back our employees or downsize our workforce at Kudankulam," P.R. Shriram, executive director at BHEL-Power Sector Southern Region (PSSR), told IANS.
However, a senior Nuclear Power Corporation of India Limited (NPCIL) official told IANS that BHEL has expressed its concern about the continued delay in the project.
It plans to reduce its contract labour size owing to stoppage of work due to people's agitation, he said.
India's nuclear power plant operator, NPCIL, is building two 1,000 MW nuclear power reactors with Russian technology and equipment in Kudankulam, around 650 km from here.
The first unit is expected to go on stream in December. The project cost is estimated at Rs.13,000 crore.
BHEL is executing the turbine erection and several other projects for us, said a NPCIL official.
Meanwhile, the relay fast protest against the nuclear power project entered its fourth day Friday at Idinthakarai near Kudankulam.
"Today (Friday), people from Kootapulli are on fast. Around 2,000 people are at the protest site," People's Rights Movement coordinator S. Sivasubramanian told IANS.
ref:
http://twocircles.net/2011oct21/bhel_not_downsize_kudankulam_team.html
Friday, October 14, 2011
Bharat Heavy Electricals Limited : BHEL employees win 8 Prime Minister's Shram Awards
BHEL employees have once again bagged 8 Prime Minister’s Shram Awards (2008 to 2010) among a host of Public & Private Sector companies in the country.
The awards were presented by the Hon’ble Prime Minister of India, Dr. Manmohan Singh, at a function held in New Delhi. Thirteen employees of BHEL, from its various units located across the country, shared 8 Shram awards including two Shram Bhushan, two Shram Vir and four Shram Shree awards for the years 2008-2010.
Instituted in 1985 by the Ministry of Labour, Government of India, the Shram Awards carry a cash prize and a Sanad. BHEL employees have regularly been winning these prestigious awards, since inception. Shram awards are given in recognition of distinguished performance, innovative abilities, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.
Aimed at encouraging individuals to take up improvement projects for capability building and for continuous improvement in every sphere of activity, an Improvement Projects Rewards Scheme (IMPRESS) has been introduced company-wide. The scheme is e-network based and provides weightage for various aspects like relevance to the department, innovation/creativity, meeting targets, institutionalization, deployability and financial impact.
BHEL continually invests in education and training programmes for employees witha view to constantly upgrading their skills and knowledge. The company has several employee productivity enhancement initiatives in place, such as multi-skilling of employees, effective utilisation of critical machines through three-shift, 24-hour operations and redeployment of employees.
ref:
http://www.4-traders.com/BHARAT-HEAVY-ELECTRICALS-9064577/news/BHARAT-HEAVY-ELECTRICALS-LIMITED-BHEL-employees-win-8-Prime-Minister-s-Shram-Awards-13840810/
The awards were presented by the Hon’ble Prime Minister of India, Dr. Manmohan Singh, at a function held in New Delhi. Thirteen employees of BHEL, from its various units located across the country, shared 8 Shram awards including two Shram Bhushan, two Shram Vir and four Shram Shree awards for the years 2008-2010.
Instituted in 1985 by the Ministry of Labour, Government of India, the Shram Awards carry a cash prize and a Sanad. BHEL employees have regularly been winning these prestigious awards, since inception. Shram awards are given in recognition of distinguished performance, innovative abilities, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.
Aimed at encouraging individuals to take up improvement projects for capability building and for continuous improvement in every sphere of activity, an Improvement Projects Rewards Scheme (IMPRESS) has been introduced company-wide. The scheme is e-network based and provides weightage for various aspects like relevance to the department, innovation/creativity, meeting targets, institutionalization, deployability and financial impact.
BHEL continually invests in education and training programmes for employees witha view to constantly upgrading their skills and knowledge. The company has several employee productivity enhancement initiatives in place, such as multi-skilling of employees, effective utilisation of critical machines through three-shift, 24-hour operations and redeployment of employees.
ref:
http://www.4-traders.com/BHARAT-HEAVY-ELECTRICALS-9064577/news/BHARAT-HEAVY-ELECTRICALS-LIMITED-BHEL-employees-win-8-Prime-Minister-s-Shram-Awards-13840810/
Thursday, October 13, 2011
Bhel eyes power projects worth $1.5 bn in Africa
State-owned Bharat Heavy Electricals Ltd (Bhel) will develop power projects in Uganda and Nigeria as part of India’s plans to broaden economic engagement with African countries to secure access to oil and gas blocks in the continent.
Bhel has separately partnered with private sector companies—Hindustan Construction Co. Ltd (HCC) and Abir Infrastructure Pvt. Ltd —for developing the 700 megawatts (MW) Karuma hydropower project in Uganda at an investment of around $1.5 billion. The Karuma project is being developed by Uganda’s ministry of energy, with HCC and Abir Infrastructure’s consortium being separately short-listed for placing bids for the engineering, procurement and construction contract. Bhel plans to supply the electromechanical package for the project, which is valued at around Rs.1,500 crore. “We are not the concession partners but will be vendor to these private companies who have been pre-qualified,” said the Bhel executive.
Civil construction usually comprises 60% of the cost of a hydroelectric power plant and such a partnership would help Bhel share the project risk. Hydropower projects are more complex to build than thermal power plants and need specialized technology and design.
more at:
http://www.livemint.com/2011/10/13221639/Bhel-eyes-power-projects-worth.html?atype=tp
Bhel has separately partnered with private sector companies—Hindustan Construction Co. Ltd (HCC) and Abir Infrastructure Pvt. Ltd —for developing the 700 megawatts (MW) Karuma hydropower project in Uganda at an investment of around $1.5 billion. The Karuma project is being developed by Uganda’s ministry of energy, with HCC and Abir Infrastructure’s consortium being separately short-listed for placing bids for the engineering, procurement and construction contract. Bhel plans to supply the electromechanical package for the project, which is valued at around Rs.1,500 crore. “We are not the concession partners but will be vendor to these private companies who have been pre-qualified,” said the Bhel executive.
Civil construction usually comprises 60% of the cost of a hydroelectric power plant and such a partnership would help Bhel share the project risk. Hydropower projects are more complex to build than thermal power plants and need specialized technology and design.
more at:
http://www.livemint.com/2011/10/13221639/Bhel-eyes-power-projects-worth.html?atype=tp
Tuesday, October 11, 2011
BHEL Recruits Engineers Through GATE 2012
Now you can land as an Engineer Trainee in Bharat Heavy Electricals Limited (BHEL) if you could score in the Graduate Aptitude Test for Engineers (GATE) 2012.
There are a total of 800 posts (refer below table for details), BHEL will use the scores obtained in GATE 2012 for inviting applicants for personal interview.
Please note that candidates have to apply separately for BHEL after receiving GATE 2012 admit cards. You can visit here to get information and important dates to apply for GATE 2012.
Bharat Heavy Electricals Limited (BHEL) is one of the oldest and largest state-owned engineering and manufacturing enterprise in India in the energy-related and infrastructure sector which includes Power, Railways, Transmission and Distribution, Oil and Gas sectors and many more.
more at:
http://blog.careermitra.com/2011/10/bhel-recruits-engineers-gate-2012/
There are a total of 800 posts (refer below table for details), BHEL will use the scores obtained in GATE 2012 for inviting applicants for personal interview.
Please note that candidates have to apply separately for BHEL after receiving GATE 2012 admit cards. You can visit here to get information and important dates to apply for GATE 2012.
Bharat Heavy Electricals Limited (BHEL) is one of the oldest and largest state-owned engineering and manufacturing enterprise in India in the energy-related and infrastructure sector which includes Power, Railways, Transmission and Distribution, Oil and Gas sectors and many more.
more at:
http://blog.careermitra.com/2011/10/bhel-recruits-engineers-gate-2012/
Friday, October 7, 2011
Rajya Sabha member Tapan Sen seeks PM intervention in panel report on BHEL
Describing reports of Chinese power equipment being superior to those made by BHEL as "shocking", Rajya Sabha member Tapan Sen has written to Prime Minister Manmohan Singh seeking to look into the issue as it maligns a state-run entity.
Sen's recent letter comes amid articles that a Planning Commission report said that Chinese equipment is better than those manufactured by Bharat Heavy Electricals.
According to Sen, such a report is shocking and reflect deliberate "maligning and tarnishing" the image of a government-owned company by an "authority appointed by the same government".
Sen pointed out that in 75% of projects involving BHEL, the state-run company's obligations are limited to boilers, turbines and generators, which make up for 40 to 45% of total project work.
more at:
http://www.moneycontrol.com/news/wire-news/sen-seeks-pm-interventionpanel-reportbhel_595012.html
Sen's recent letter comes amid articles that a Planning Commission report said that Chinese equipment is better than those manufactured by Bharat Heavy Electricals.
According to Sen, such a report is shocking and reflect deliberate "maligning and tarnishing" the image of a government-owned company by an "authority appointed by the same government".
Sen pointed out that in 75% of projects involving BHEL, the state-run company's obligations are limited to boilers, turbines and generators, which make up for 40 to 45% of total project work.
more at:
http://www.moneycontrol.com/news/wire-news/sen-seeks-pm-interventionpanel-reportbhel_595012.html
Thursday, October 6, 2011
Bhel defers plan for finance firm on poor sector health
Uncertainty over policies on land acquisition and fuel allocation, and the poor financial health of state-owned electricity distributors has forced the country’s largest power equipment maker Bharat Heavy Electricals Ltd (Bhel) to defer a plan to promote a finance company that will fund power projects.
“We have postponed our finance business plans. The board wanted to take a relook (at it) in great detail,” said a top Bhel executive, who did not want to be identified.
“There are no good projects in the market. We may look at it again after we see some policy movement, which is expected at the end of the year,” added this person, explaining why the company has deferred plans to start a non-banking financial company (NBFC).
India has an installed power generation capacity of 181,000 megawatts (MW), but still faces a shortage of 9.8% during the peak hours between 5pm and 11pm. Power companies have to deal with land acquisition problems, fuel supply constraints, increasing environmental activism and the deteriorating health of state electricity boards.
more at:
http://www.livemint.com/2011/10/07001137/Bhel-defers-plan-for-finance-f.html
“We have postponed our finance business plans. The board wanted to take a relook (at it) in great detail,” said a top Bhel executive, who did not want to be identified.
“There are no good projects in the market. We may look at it again after we see some policy movement, which is expected at the end of the year,” added this person, explaining why the company has deferred plans to start a non-banking financial company (NBFC).
India has an installed power generation capacity of 181,000 megawatts (MW), but still faces a shortage of 9.8% during the peak hours between 5pm and 11pm. Power companies have to deal with land acquisition problems, fuel supply constraints, increasing environmental activism and the deteriorating health of state electricity boards.
more at:
http://www.livemint.com/2011/10/07001137/Bhel-defers-plan-for-finance-f.html
Wednesday, October 5, 2011
BHEL bags Rs 3,800 cr order from Dainik Bhaskar Power Ltd
BHEL today said it has bagged a Rs 3,800 crore order from Dainik Bhaskar Power Ltd for setting up a 1,320-MW thermal power plant in Madhya Pradesh.
"BHEL has secured a contract from an independent power producer, Dainik Bhaskar Power Limited, for setting up a 1,320-MW thermal power plant (2x660 MW) in Madhya Pradesh," the company said in a statement.
Valued at Rs 3,783 crore, the order is for Dainik Bhaskar Power Limited's (DBPL's) upcoming coal-based supercritical thermal power project in Singrauli District of Madhya Pradesh.
BHEL is presently executing another contract for DBPL, involving the supply and commissioning of a 2x600 MW (boiler, turbine and generator) BTG package, along with associated auxiliaries for a 1,200-MW coal-based thermal power project in Chhattisgarh.
BHEL's scope of work under the new contract envisages the design, engineering, manufacture, supply, erection, testing and commissioning of supercritical boilers, steam turbines and turbo-generators along with state-of-the-art controls and instrumentation (C&I) and other associated auxiliaries like transformers and a switchyard.
Out of the total orders for power plant equipment with a cumulative generation capacity of 31,560 MW received by BHEL during 2009-10 and 2010-11, orders received from independent power producers accounted for 22,369 MW.
BHEL has established the capability to deliver 15,000 MW of power equipment per annum and further augmentation of its capacity to 20,000 MW per annum is underway.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-3800-cr-order-from-dainik-bhaskar-power-ltd/articleshow/10242534.cms
"BHEL has secured a contract from an independent power producer, Dainik Bhaskar Power Limited, for setting up a 1,320-MW thermal power plant (2x660 MW) in Madhya Pradesh," the company said in a statement.
Valued at Rs 3,783 crore, the order is for Dainik Bhaskar Power Limited's (DBPL's) upcoming coal-based supercritical thermal power project in Singrauli District of Madhya Pradesh.
BHEL is presently executing another contract for DBPL, involving the supply and commissioning of a 2x600 MW (boiler, turbine and generator) BTG package, along with associated auxiliaries for a 1,200-MW coal-based thermal power project in Chhattisgarh.
BHEL's scope of work under the new contract envisages the design, engineering, manufacture, supply, erection, testing and commissioning of supercritical boilers, steam turbines and turbo-generators along with state-of-the-art controls and instrumentation (C&I) and other associated auxiliaries like transformers and a switchyard.
Out of the total orders for power plant equipment with a cumulative generation capacity of 31,560 MW received by BHEL during 2009-10 and 2010-11, orders received from independent power producers accounted for 22,369 MW.
BHEL has established the capability to deliver 15,000 MW of power equipment per annum and further augmentation of its capacity to 20,000 MW per annum is underway.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-3800-cr-order-from-dainik-bhaskar-power-ltd/articleshow/10242534.cms
Tuesday, October 4, 2011
BHEL in process of appointing two independent directors
The Department of Heavy Industry is in the process of appointing two more independent directors on the board of BHEL to achieve compliance with listing norms, prior to the power equipment-maker's follow-on public offer.
Bharat Heavy Electricals Ltd (BHEL) has filed draft papers with market regulator Sebi for the proposed divestment of 5 per cent (2.45 crore shares) of the government's stake in the company.
"We are in the process of appointing independent directors. Soon they will be appointed," a top government official said.
As per regulations, half of the company's board should comprise independent directors. Currently, BHEL has 13 directors, including Chairman and Managing Director B P Rao. Out of them, five are independent directors.
According to a top BHEL official, there is a shortage of two independent directors to achieve compliance with Sebi's listing norms.
In its Draft Red Herring Prospectus (DRHP), the state-run entity said it intends to be in compliance with regulatory requirements regarding composition of the board before filing the Red Herring Prospectus with the Registrar of Companies.
"Presently, our board has thirteen directors, of which five are independent directors, while Clause 49 of the Equity Listing Agreement stipulates that independent directors should comprise 50 per cent of our board," it noted.
ref:
http://economictimes.indiatimes.com/news/news-by-company/corporate-announcement/bhel-in-process-of-appointing-two-independent-directors/articleshow/10229033.cms
Bharat Heavy Electricals Ltd (BHEL) has filed draft papers with market regulator Sebi for the proposed divestment of 5 per cent (2.45 crore shares) of the government's stake in the company.
"We are in the process of appointing independent directors. Soon they will be appointed," a top government official said.
As per regulations, half of the company's board should comprise independent directors. Currently, BHEL has 13 directors, including Chairman and Managing Director B P Rao. Out of them, five are independent directors.
According to a top BHEL official, there is a shortage of two independent directors to achieve compliance with Sebi's listing norms.
In its Draft Red Herring Prospectus (DRHP), the state-run entity said it intends to be in compliance with regulatory requirements regarding composition of the board before filing the Red Herring Prospectus with the Registrar of Companies.
"Presently, our board has thirteen directors, of which five are independent directors, while Clause 49 of the Equity Listing Agreement stipulates that independent directors should comprise 50 per cent of our board," it noted.
ref:
http://economictimes.indiatimes.com/news/news-by-company/corporate-announcement/bhel-in-process-of-appointing-two-independent-directors/articleshow/10229033.cms
Monday, October 3, 2011
BHEL is facing 163 civil and criminal cases
Bharat Heavy Electricals is facing as many as 163 civil and criminal proceedings, including those related to bank guarantee and recovery of money. BHEL was facing 144 civil and 19 criminal cases, among other litigations, as on September 15. According to the company's draft document for the proposed disinvestment of 5 per cent stake by the government, the aggregate value of the 144 civil cases is estimated to be worth about Rs 145.23 crore.
"We are presently involved in 19 criminal proceedings which have been filed against us in various forums," the draft document said. "There are 144 civil proceedings against the company and the aggregate monetary value of these proceedings is approximately Rs 1,452.32 million (Rs 145.23 crore). The cases primarily relate to recovery of money, injunction suits, bank guarantees and insurance...," it added. Meanwhile, BHEL has initiated three criminal cases and 125 civil proceedings -- whose aggregate monetary value about Rs 188.39 crores.
ref:
http://www.hindustantimes.com/BHEL-is-facing-163-civil-and-criminal-cases/Article1-752673.aspx
"We are presently involved in 19 criminal proceedings which have been filed against us in various forums," the draft document said. "There are 144 civil proceedings against the company and the aggregate monetary value of these proceedings is approximately Rs 1,452.32 million (Rs 145.23 crore). The cases primarily relate to recovery of money, injunction suits, bank guarantees and insurance...," it added. Meanwhile, BHEL has initiated three criminal cases and 125 civil proceedings -- whose aggregate monetary value about Rs 188.39 crores.
ref:
http://www.hindustantimes.com/BHEL-is-facing-163-civil-and-criminal-cases/Article1-752673.aspx
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