Bharat Heavy Electricals (BHEL) is looking at South Africa for marketing its circulating fluidized bed combustion (CFBC) boilers, needed for power and industrial applications.
And the power equipment maker is open to joint ventures there for this purpose.
"South African coal is similar to what is available here and hence we are looking at that market for our CFBC boilers. If the South African regulations want us to partner with a local outfit then we are open to that," A.V. Krishnan, executive director, BHEL's boilers division, told IANS.
In CFBC technology, India ranks next only to European countries such as Germany where boilers of 400 MW capacity have been developed.
According to him, BHEL is waiting for its four CFBC boilers supplied to mining-cum-power generating company Neyveli Lignite Corporation (NLC) to stabilise and generate power at a steady basis at their peak load.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-looks-at-south-african-market-for-cfbc-boilers/articleshow/11699414.cms
Tuesday, January 31, 2012
Monday, January 30, 2012
BHEL's new plant in Thirumayam to go on stream in April
Bharat Heavy Electricals Limited (BHEL) is planning to commission its piping plant in Thirumayam in April this year, even as it is modernising its seamless steel tubes plant at Thiruchirappalli (Trichy) with an outlay of Rs 160 crore.
AV Krishnan, executive director (boiler division), BHEL-Trichy, told reporters: “We will commission the Thirumayam plant in April, which is being set up with an outlay of Rs 300 crore.”
The plant capacity is 25,000 tonne per annum (tpa).
“We are planning to make 17,000 tonne of piping next fiscal. We have 40 acre for the plant and we are looking for an additional 60 acre for employees’ township and shipping (storage) area,” he said. The company has hired 600 employees for its new plant while 200 more would be needed.
Krishnan said the modernisation of the seamless steel tubes plant at Trichy will get over in 2013 and the focus will be on rolling out alloy steel while carbon steel would be bought from outside.
“The plant capacity is 90,000 tpa. Our steel tubes need is around 300,000 tpa, and the balance has to be bought from outside. While the focus will be on making alloy steel in-house, we will outsource the carbon steel,” Krishnan said.
ref:
http://www.business-standard.com/india/news/bhels-new-plant-to-gostream-in-april/463237/
AV Krishnan, executive director (boiler division), BHEL-Trichy, told reporters: “We will commission the Thirumayam plant in April, which is being set up with an outlay of Rs 300 crore.”
The plant capacity is 25,000 tonne per annum (tpa).
“We are planning to make 17,000 tonne of piping next fiscal. We have 40 acre for the plant and we are looking for an additional 60 acre for employees’ township and shipping (storage) area,” he said. The company has hired 600 employees for its new plant while 200 more would be needed.
Krishnan said the modernisation of the seamless steel tubes plant at Trichy will get over in 2013 and the focus will be on rolling out alloy steel while carbon steel would be bought from outside.
“The plant capacity is 90,000 tpa. Our steel tubes need is around 300,000 tpa, and the balance has to be bought from outside. While the focus will be on making alloy steel in-house, we will outsource the carbon steel,” Krishnan said.
ref:
http://www.business-standard.com/india/news/bhels-new-plant-to-gostream-in-april/463237/
Sunday, January 29, 2012
BHEL’s worsening order inflow shows up policy bottlenecks
The 7% drop in order inflows compared with the year-ago period looks rather ominous for BHEL’s performance in the next 12-18 months
All eyes were on the order inflows clocked in the December quarter by the country’s largest capital goods maker, Bharat Heavy Electricals Ltd (BHEL). For this would not only influence earnings forecasts for the company but also provide insights on the trend for the sector.
ref:
http://www.livemint.com/2012/01/29135836/BHEL8217s-worsening-order-i.html
All eyes were on the order inflows clocked in the December quarter by the country’s largest capital goods maker, Bharat Heavy Electricals Ltd (BHEL). For this would not only influence earnings forecasts for the company but also provide insights on the trend for the sector.
ref:
http://www.livemint.com/2012/01/29135836/BHEL8217s-worsening-order-i.html
India's first 1200 kV transformer made by BHEL commissioned
India's first 1200 kV HVAC (heating, ventilation, and air conditioning) Transformer, manufactured by BHEL, has been commissioned at the 1200 kV National Test Station at Bina (MP) on January 27, a BHEL release said on Saturday.
With the commissioning of the 1200 kV Transmission system, India joins the elite group of countries like Russia, Japan and China who have commissioned such High Voltage Transmission systems, the release claimed.
An official press release said that 1200 kV System is the highest rated transmission voltage in the world and very few organisations in the world have this technology. BHEL is the first Indian organisation to have developed the technology with in-house efforts, it further claimed.
more at:
http://timesofindia.indiatimes.com/city/bhopal/Indias-first-1200-kV-transformer-made-by-BHEL-commissioned/articleshow/11670723.cms
With the commissioning of the 1200 kV Transmission system, India joins the elite group of countries like Russia, Japan and China who have commissioned such High Voltage Transmission systems, the release claimed.
An official press release said that 1200 kV System is the highest rated transmission voltage in the world and very few organisations in the world have this technology. BHEL is the first Indian organisation to have developed the technology with in-house efforts, it further claimed.
more at:
http://timesofindia.indiatimes.com/city/bhopal/Indias-first-1200-kV-transformer-made-by-BHEL-commissioned/articleshow/11670723.cms
Friday, January 27, 2012
BHEL profit jumps 14% to Rs 3,660 cr in 9 months
Bharat Heavy Electrical on Friday reported a 14 percent jump in net profit at Rs 3,660.2 crore in the nine months ended December, 2011.
The power equipment major had a net profit of Rs 3,213.2 crore in the year-ago period.
BHEL's sales climbed to Rs 29,269.1 crore in the nine months under review from Rs 24,756.5 crore in the same period a year ago, the company said in a statement.
In the December quarter, the company's net profit rose to Rs 1,432.6 crore. The same stood at Rs 1,412 crore in the year-ago period.
Sales in the December quarter stood at Rs 11,078.3 crore as against Rs 10,757.6 crore in the comparable period.
According to the statement, the company has maintained its track record of earning profits uninterruptedly for nearly four decades without a break.
"Significantly, BHEL's turnover has increased by three times and net profit by four times in the last five years," it said.
BHEL has the capability to deliver 15,000 MW per annum and efforts to increase the capacity to 20,000 MW per year are underway.
ref:
http://zeenews.india.com/business/companies/bhel-profit-jumps-14-to-rs-3-660-cr-in-9-months_37811.html
The power equipment major had a net profit of Rs 3,213.2 crore in the year-ago period.
BHEL's sales climbed to Rs 29,269.1 crore in the nine months under review from Rs 24,756.5 crore in the same period a year ago, the company said in a statement.
In the December quarter, the company's net profit rose to Rs 1,432.6 crore. The same stood at Rs 1,412 crore in the year-ago period.
Sales in the December quarter stood at Rs 11,078.3 crore as against Rs 10,757.6 crore in the comparable period.
According to the statement, the company has maintained its track record of earning profits uninterruptedly for nearly four decades without a break.
"Significantly, BHEL's turnover has increased by three times and net profit by four times in the last five years," it said.
BHEL has the capability to deliver 15,000 MW per annum and efforts to increase the capacity to 20,000 MW per year are underway.
ref:
http://zeenews.india.com/business/companies/bhel-profit-jumps-14-to-rs-3-660-cr-in-9-months_37811.html
Friday, January 20, 2012
Panel visits BHEL to check pollution
The Andhra Pradesh Pollution Control Board is ready for the visit of the Parliamentary standing committee on Science and Technology, Environment and Forests led by Dr T. Subbarami Reddy.
The Board is quite relieved that the officials are not being taken to task, in fact, it is now pinning their hopes on small and medium enterprises availing of the incentives offered by the Committee to relocate to areas beyond the Outer Ring Road in an effort to reduce pollution.
Meanwhile, the Committee that visited the Dr Reddy’s Laboratories on Thursday turned its guns on the Bharat Heavy Electricals Limited on Friday. The officials said that the visit was routine to check the working of BHEL and ensure that they were following pollution prevention norms.
The Committee was reportedly approached by various shopkeepers from the historic Sultan Bazaar, who feared displacement by the Hyderabad Metro Rail project. The shopkeepers were assured by the Committee that they would be suitably relocated in a shopping complex at an ideal location.
Regarding the pollution levels in the Hussainsagar, the Board informed the Committee that the prestigious Rs 350 crore project for cleaning up the lake and its preservation will be executed by Japan in a year.
ref:
http://www.deccanchronicle.com/channels/cities/hyderabad/panel-visits-bhel-check-pollution-192
The Board is quite relieved that the officials are not being taken to task, in fact, it is now pinning their hopes on small and medium enterprises availing of the incentives offered by the Committee to relocate to areas beyond the Outer Ring Road in an effort to reduce pollution.
Meanwhile, the Committee that visited the Dr Reddy’s Laboratories on Thursday turned its guns on the Bharat Heavy Electricals Limited on Friday. The officials said that the visit was routine to check the working of BHEL and ensure that they were following pollution prevention norms.
The Committee was reportedly approached by various shopkeepers from the historic Sultan Bazaar, who feared displacement by the Hyderabad Metro Rail project. The shopkeepers were assured by the Committee that they would be suitably relocated in a shopping complex at an ideal location.
Regarding the pollution levels in the Hussainsagar, the Board informed the Committee that the prestigious Rs 350 crore project for cleaning up the lake and its preservation will be executed by Japan in a year.
ref:
http://www.deccanchronicle.com/channels/cities/hyderabad/panel-visits-bhel-check-pollution-192
Wednesday, January 18, 2012
BHEL, solar panel units coming up in Bhandara
Manganese Ore India Limited (Moil) is going to start a CBSE school at an investment of 60 crore in the district while Bharat Heavy Electrical Limited ( BHEL) is establishing a manufacturing unit at Sakoli taluka, said union minister Praful Patel on Tuesday. He also said that a solar panel manufacturing unit will also come up in the district soon.
ref:
http://timesofindia.indiatimes.com/city/nagpur/BHEL-solar-panel-units-coming-up-in-Bhandara/articleshow/11544412.cms
ref:
http://timesofindia.indiatimes.com/city/nagpur/BHEL-solar-panel-units-coming-up-in-Bhandara/articleshow/11544412.cms
Tuesday, January 17, 2012
BHEL to announce Q3 results on Jan 27, 2012
A meeting of the Board of Directors of Bharat Heavy Electricals Ltd will be held on January 27, 2012, to consider and take on record the Unaudited Financial Results of BHEL for the quarter ended December 31, 2011 (Q3).
The Bharat Heavy Electricals Ltd stock closed the day at Rs.280.70, up by Rs.4.10 or 1.48%. The stock hit an intraday high of Rs.284.95 and low of Rs.278.50.
The total traded quantity was 3.72 lakhs compared to 2 week average of 4.47 lakhs.
Source: Equity Bulls
ref:
http://www.equitybulls.com/admin/news2006/news_det.asp?id=99865
The Bharat Heavy Electricals Ltd stock closed the day at Rs.280.70, up by Rs.4.10 or 1.48%. The stock hit an intraday high of Rs.284.95 and low of Rs.278.50.
The total traded quantity was 3.72 lakhs compared to 2 week average of 4.47 lakhs.
Source: Equity Bulls
ref:
http://www.equitybulls.com/admin/news2006/news_det.asp?id=99865
Monday, January 16, 2012
Government closer to imposing duty on imported power tools; BHEL, L&T to benefit
The forthcoming budget could bring some cheer to domestic power equipment makers, including Bharat Heavy Electricals and Larsen and Toubro, as the finance ministry is considering levying duty on imported equipment.
"There is a proposal...we are examining it in detail," said a ministry official.
Domestic power equipment makers have for long lobbied for imposition of Customs duty on imported Chinese tools to offset some of the higher costs they incur at home.
Their key complaint against Chinese imports has been that their producers enjoy lower interest rates and an undervalued currency, giving them an edge in pricing over Indian equipments.
At present, projects under 1,000 MW attract 5% import duty while the rest enjoy duty-free import of equipment.
ref:
http://economictimes.indiatimes.com/news/economy/foreign-trade/government-closer-to-imposing-duty-on-imported-power-tools-bhel-lt-to-benefit/articleshow/11518822.cms
"There is a proposal...we are examining it in detail," said a ministry official.
Domestic power equipment makers have for long lobbied for imposition of Customs duty on imported Chinese tools to offset some of the higher costs they incur at home.
Their key complaint against Chinese imports has been that their producers enjoy lower interest rates and an undervalued currency, giving them an edge in pricing over Indian equipments.
At present, projects under 1,000 MW attract 5% import duty while the rest enjoy duty-free import of equipment.
ref:
http://economictimes.indiatimes.com/news/economy/foreign-trade/government-closer-to-imposing-duty-on-imported-power-tools-bhel-lt-to-benefit/articleshow/11518822.cms
Poor distributed woolen clothes under ‘Anugrah’
Woolen clothes were distributed among poor under 'Anugrah', an initiative of The Times of India, at Asi Ghat in presence of HP Choudhury, general manager, BHEL and Sanjoy Sinha, senior DGM (HR) of BHEL on Monday.
The TOI launched this campaign to provide winter clothes to poor families living under open sky in cold weather. The initiative was sponsored by Indiatimes and Bharat Heavy Electrical Limited (BHEL), Varanasi.
People donated old clothes, woolens, blankets for the poor. The clothes were collected at seven collection centres including at IP Mall Sigra, Sumangal Ekam Sigra, Shubham Hospital Khajuri, BHEL Varanasi, Shubham Hospital near Nagar Nigam, Raymond Maldahiya and Raymond Bhelupur. The campaign was supported by Shubham Hospitals, Jewar Kothi, Sumangal Ekam, Numero Uno, Planet Fashion Sigra, Lakshmishree Investment and Securities private limited and Raymond, Maldahiya and Bhelupur.
ref :
http://timesofindia.indiatimes.com/city/varanasi/Poor-distributed-woolen-clothes-under-Anugrah/articleshow/11519596.cms
The TOI launched this campaign to provide winter clothes to poor families living under open sky in cold weather. The initiative was sponsored by Indiatimes and Bharat Heavy Electrical Limited (BHEL), Varanasi.
People donated old clothes, woolens, blankets for the poor. The clothes were collected at seven collection centres including at IP Mall Sigra, Sumangal Ekam Sigra, Shubham Hospital Khajuri, BHEL Varanasi, Shubham Hospital near Nagar Nigam, Raymond Maldahiya and Raymond Bhelupur. The campaign was supported by Shubham Hospitals, Jewar Kothi, Sumangal Ekam, Numero Uno, Planet Fashion Sigra, Lakshmishree Investment and Securities private limited and Raymond, Maldahiya and Bhelupur.
ref :
http://timesofindia.indiatimes.com/city/varanasi/Poor-distributed-woolen-clothes-under-Anugrah/articleshow/11519596.cms
Friday, January 13, 2012
BHEL hands over school building
BHEL, Tiruchi, on Thursday handed over the new school building worth Rs.33 lakh it had constructed at Devarayaneri hamlet of Thirunedunkulam Panchayat, to the school management.
Dedicating the four classrooms, and two rooms for headmaster and the staff, the Executive Director of BHEL, Tiruchi, A.V. Krishnan, expressed the PSU's commitment to promote education among children living below poverty line. He advised the school children to progress through education and enable their peers to integrate themselves into the society.
This is the second building the BHEL had provided for the school. In 2008, BHEL had constructed a building with four classrooms, P.Nainar, General Manager – Human Resource, said.
S.S. Pillai, General Manager, Public Relations and Administration; S. Mahendran, Secretary, Thiruvalluvar Elementary School; D.Revathi, vice president, Thirunedunkulam Panchayat, who belongs to the Narikuravar community; and other senior BHEL officials, including P.Manoharan and T.Ramanathan, Additional General Managers, and A Antony, Convenor, CSR project, BHEL, Tiruchi, took part.
Though the school was functioning since 1980, it was only after construction of the first building by BHEL in 2008 that students evinced interest in education, Mr. Mahendran said. For carrying out CSR (Corporate Social Responsibility) activities, the unit had allocated Rs.3.5 crore during 2011-12.
The initiative at Devarayaneri qualifies the Thiruvalluvar Elementary School, a government-aided institution, to apply for middle school status. A majority of the students in the school belong to the Narikuravar community.
According to a release, the other initiatives include construction of a compound wall at the Government ITI, Thiruverumbur; and class rooms for Government Girls HSS for the Blind, Puthur.
ref:
http://www.thehindu.com/news/cities/Tiruchirapalli/article2798340.ece
Dedicating the four classrooms, and two rooms for headmaster and the staff, the Executive Director of BHEL, Tiruchi, A.V. Krishnan, expressed the PSU's commitment to promote education among children living below poverty line. He advised the school children to progress through education and enable their peers to integrate themselves into the society.
This is the second building the BHEL had provided for the school. In 2008, BHEL had constructed a building with four classrooms, P.Nainar, General Manager – Human Resource, said.
S.S. Pillai, General Manager, Public Relations and Administration; S. Mahendran, Secretary, Thiruvalluvar Elementary School; D.Revathi, vice president, Thirunedunkulam Panchayat, who belongs to the Narikuravar community; and other senior BHEL officials, including P.Manoharan and T.Ramanathan, Additional General Managers, and A Antony, Convenor, CSR project, BHEL, Tiruchi, took part.
Though the school was functioning since 1980, it was only after construction of the first building by BHEL in 2008 that students evinced interest in education, Mr. Mahendran said. For carrying out CSR (Corporate Social Responsibility) activities, the unit had allocated Rs.3.5 crore during 2011-12.
The initiative at Devarayaneri qualifies the Thiruvalluvar Elementary School, a government-aided institution, to apply for middle school status. A majority of the students in the school belong to the Narikuravar community.
According to a release, the other initiatives include construction of a compound wall at the Government ITI, Thiruverumbur; and class rooms for Government Girls HSS for the Blind, Puthur.
ref:
http://www.thehindu.com/news/cities/Tiruchirapalli/article2798340.ece
Thursday, January 12, 2012
PSUs including NTPC, BHEL, SAIL, ONGC and IOC issuing bonus shares may be given better government appraisal
Cash-rich PSUs like NTPC, BHEL, SAIL, ONGC and IOC which will issue bonus shares, largely accruing to the government, may get a better annual performance appraisal, sources said.
The Department of Public Enterprises (DPE) is working on this proposal which will encourage the top-notch PSUs to reward their shareholders by way of bonus shares.
Since the government holds an overwhelming majority shares in these companies, the benefits will accrue to it.
Under the proposal, the DPE is taking recourse to the old guidelines which stipulate that the PSUs having resources in excess of three times of their paid-up capital should immediately consider issuing bonus shares.
Companies like NTPC, BHEL, SAIL, ONGC and IOC meet the criteria under consideration.
more at:
http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/psus-including-ntpc-bhel-sail-ongc-and-ioc-issuing-bonus-shares-may-be-given-better-government-appraisal/articleshow/11461898.cms
The Department of Public Enterprises (DPE) is working on this proposal which will encourage the top-notch PSUs to reward their shareholders by way of bonus shares.
Since the government holds an overwhelming majority shares in these companies, the benefits will accrue to it.
Under the proposal, the DPE is taking recourse to the old guidelines which stipulate that the PSUs having resources in excess of three times of their paid-up capital should immediately consider issuing bonus shares.
Companies like NTPC, BHEL, SAIL, ONGC and IOC meet the criteria under consideration.
more at:
http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/psus-including-ntpc-bhel-sail-ongc-and-ioc-issuing-bonus-shares-may-be-given-better-government-appraisal/articleshow/11461898.cms
Tuesday, January 10, 2012
Govt to bring ONGC, Bhel FPO next month
Finance ministry once again mulls launch of follow-on public offers (FPO) for largest explorer
ONGC and power equipment major Bhel late next month or early March 2012. Centre plans to mop up around Rs 15,000 crore by selling shares in these two enterprises as part of its last minute exercise to mop up disinvestments funds. As per government’s new dis-investment strategy, shares of three companies L&T, ITC and Axis Bank held by government owned SU-UTI would be transferred to a special purpose vehicle, which in turn would pledge them to borrow money from banks for buying government equity in PSUs.
ref:
http://www.mydigitalfc.com/stock-market/govt-bring-ongc-bhel-fpo-next-month-825
ONGC and power equipment major Bhel late next month or early March 2012. Centre plans to mop up around Rs 15,000 crore by selling shares in these two enterprises as part of its last minute exercise to mop up disinvestments funds. As per government’s new dis-investment strategy, shares of three companies L&T, ITC and Axis Bank held by government owned SU-UTI would be transferred to a special purpose vehicle, which in turn would pledge them to borrow money from banks for buying government equity in PSUs.
ref:
http://www.mydigitalfc.com/stock-market/govt-bring-ongc-bhel-fpo-next-month-825
Tiruchi BHEL employees honoured with excel award
Two current and two former employees of BHEL, Tiruchi Unit, were honoured with BHEL Excel Award 2006-10, at a function in New Delhi earlier this month, for providing rewarding insights into properties of coal.
The recipients–R.Kumar, General Manager, Engineering; A Lawrence, Manager, Plant Lab; K.Nandakumar, Additional General Manager (Retired); and K.Narayanan, General Manager (Retired)-were honoured by S.Sundareshan, Secretary, Department of Heavy industry and Public Enterprises in the presence of B.Prasada Rao, CMD, BHEL, and other directors.
more at:
http://www.thehindu.com/news/cities/Tiruchirapalli/article2788016.ece
The recipients–R.Kumar, General Manager, Engineering; A Lawrence, Manager, Plant Lab; K.Nandakumar, Additional General Manager (Retired); and K.Narayanan, General Manager (Retired)-were honoured by S.Sundareshan, Secretary, Department of Heavy industry and Public Enterprises in the presence of B.Prasada Rao, CMD, BHEL, and other directors.
more at:
http://www.thehindu.com/news/cities/Tiruchirapalli/article2788016.ece
Friday, January 6, 2012
250 MW CFBC boiler to go on stream at NLC this month
Bharat Heavy Electricals Limited (BHEL) will commission its first unit of 250 MW lignite-powered CFBC (circulating fluidised bed combustion) boiler at Neyveli Lignite Corporation (NLC) complex in Tamil Nadu this month.
The second unit will become operational during April-May, said A. V. Krishnan, Executive Director, BHEL, Tiruchi Complex, where the technology for CFBC boilers operated with non-coal fuel options such as lignite, bagasse and straw was developed.
Mr. Krishnan hoped that lignite-fired boilers of 500 MW capacity could be developed by 2017-20.
more at:
http://www.thehindu.com/business/companies/article2781001.ece
The second unit will become operational during April-May, said A. V. Krishnan, Executive Director, BHEL, Tiruchi Complex, where the technology for CFBC boilers operated with non-coal fuel options such as lignite, bagasse and straw was developed.
Mr. Krishnan hoped that lignite-fired boilers of 500 MW capacity could be developed by 2017-20.
more at:
http://www.thehindu.com/business/companies/article2781001.ece
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