Bhel to build world’s biggest solar plant near Jaipur

The project will be built on 23,000 acres of land belonging to Sambhar Salts Ltd, a subsidiary of central enterprise Hindustan Salts Ltd under the department of heavy industries, some 75 km from Jaipur. State-run power gear maker Bhel would build the project's first phase of 1,000 mw in consortium with Solar Energy Corporation, Power Grid Corporation, SJVN, SSL and Rajasthan Electronics and Instruments Ltd. The first phase of the project is to be operational by 2016. Once all the phases are completed, the project would generate 6,000 million units of electricity annually. The project is expected to set a trend for mega-scale solar power development in the country in lines of ultra-mega power projects for coal-fired plants that was launched to quickly ramp up generation capacity in the country. ref: http://timesofindia.indiatimes.com/business/india-business/Bhel-to-build-worlds-biggest-solar-plant-near-Jaipur/articleshow/22829879.cms

BHEL secures over Rs 31,000 crore orders in FY'13

BHEL today said it has secured orders worth over Rs 31,000 crore during financial year 2012-13, an increase of 43 per cent over 2011-12. The company had an order book of over Rs 22,096 crore in the 2011-12. "Despite subdued business conditions in the power and infrastructure sectors coupled with intense competition in domestic and overseas markets, BHEL was able to secure orders worth Rs 31,650 crore, an increase of 43 per cent over 2011-12," CMD BHEL B P Rao said at the company's Annual General Meeting here today. The total orders in hand for execution in 2013-14 and beyond, stand at about Rs 1,15,100 crore, he said. The order-book includes Rs 4,500 Crore worth of orders in Captive Power, Rail Transportation, Power Transmission, Oil & Gas, Renewable Energies and other industrial segments. Rao said that the company clocked a turnover of Rs 50,156 crore and a net profit of Rs 6,615 crore in 2012-13. more at : http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/engineering/bhel-secures-over-rs-31000-crore-orders-in-fy13/articleshow/22803556.cms

Expect BHEL to get 6k MW orders in FY14: Anand Rathi

Just because BHEL is suffering from a severe drop in capex in the investment cycle, it is not the end of business or end of the road for this company, says Amol Rao of Anand Rathi. The company will not be able to perform up to its historical highs, but it may garner orders of around 6000 megawatts for FY14, he says. "The pessimism is overdone and at some point in time your valuations deserve a look," he adds. He believes it'll take another 5-6 months for order bookings to resume, which would then lead to an improvement in the rating of the stock. Today, the requirement of state and central electricity boards is 7,000-8,000 MW, which can be serviced only by two or three players with such large operating capacity, Rao says. Going forward, these are going to have environmental clearances and coal availability in place, with financial closure, he says. These projects are primarily central and state backed, he adds. more at: http://www.moneycontrol.com/news/business/expect-bhel-to-get-6k-mw-ordersfy14-anand-rathi_951901.html

Bhel sends legal notices to recover Rs.17,000 crore in dues

Bharat Heavy Electricals Ltd (Bhel) has sent legal notices to customers, including Abhijeet Group, Adhunik Group, Visa Power Ltd and Monnet Ispat and Energy Ltd, to recover Rs. 17,000 crore in dues. “These are challenging times. We have taken a clear decision that if a customer is not paying, we will be stopping the work,” an executive at the state-owned firm said, requesting anonymity. “We have also started issuing legal notices to the customers who are not paying.” Interestingly, Abhijeet Infrastructure Ltd, Adhunik Thermal Energy Ltd and Visa Power were named in the Comptroller and Auditor General of India report on allocation of coal fields. The Central Bureau of Investigation has also charged Jas Infrastructure and Power Ltd, a part of the Abhijeet Group, JLD Yavatmal Energy Ltd and AMR Iron and Steel Pvt. Ltd in cases related to the allocations. “We have demobilized the Abhijeet Group 1,080 megawatts (MW) Jharkhand power project site and closed the Visa Power project site,” said the Bhel executive. India’s largest power equipment maker has total dues outstanding of around Rs.39,000 crore at the end of the quarter ended June, but around half of the amount will be paid to the firm only after Bhel meets specific milestones related to a project. more at: http://www.livemint.com/Industry/jCFU6Vu3UNMkbqYkPnipnI/Bhel-sends-legal-notices-to-recover-17000-crore-in-dues.html

BHEL blamed for long outages

A cornered UP power corporation is now blaming the central government for the UP-NCR entering the dark ages. The corporation claims that it is facing a shortage of 800MW as Bharat Heavy Electricals Limited (BHEL) has not completed repair and maintenance work at the Obra power station, entrusted to it almost eight years ago. UPPCL has asked the Union power ministry to intervene and ensure completion of pending work on a priority. Senior officials said the issue was conveyed to the Centre during the one-day conference of power ministers of all states and UTs on September 10. Scheduled outages are currently in place across the state due to non-availability of adequate power, said officials. At least four scheduled outages have been imposed in the last 48 hours in Noida alone. These cuts have stretched for over several hours irrespective of the scheduled timings and are in addition to the four-hour cuts imposed at night in industrial sectors. With similar outages reported from Ghaziabad, lives of residents have been pushed into complete disarray. Corporation officials said that UPPCL had given maintenance work on five units of 200MW capacity each at the Obra 'B' power plant to BHEL in 2006. Though the work was to be completed by 2009, the PSU is yet to finish the job. "A number of meetings were held to resolve this issue, but work progress has not been satisfactory. On completion, we can enhance our capacity to ensure sufficient supply to several regions in the state," said a senior UPPCL official. ref: http://timesofindia.indiatimes.com/city/noida/BHEL-blamed-for-long-outages/articleshow/22564028.cms

TELK considers tech partnership with BHEL

Transformers and Electricals Kerala Limited (TELK), the transformer manufacturing unit at Angamaly, is looking towards building a technology partnership with Bharat Heavy Electricals Limited (BHEL), the public sector unit which is also engaged in production activities of a similar nature. TELK has a collaboration with NTPC Limited, the principal power generation company belonging to the central public sector, now. There were reports that NTPC might review its association with TELK. Professional services firm Deloitte had conducted a study on NTPC and the agency is understood to have recommended such a course of action as transformer manufacturing is not in the NTPC’s domain of activity. In response to a query by The Hindu, Deloitte expressed its inability to divulge the details of the report. TELK has been highly interested in a tie-up with BHEL, said V.D.Satheesan, MLA, and trade union activist associated with the Angamaly-based company. Such a partnership is expected to help TELK to get the required technical know-how for improving its production and marketing capabilities. “Efforts are on to convene a meeting of top officials of the concerned central public sector units in New Delhi,” he said. more at : http://www.thehindu.com/news/cities/Kochi/telk-considers-tech-partnership-with-bhel/article5107782.ece?homepage=true

BHEL bags Rs 96 crore worth order from NTPC

BHEL today said its electronics division here has bagged an order worth Rs 96 crore from NTPC to set up a 15 MW-solar power plant in Uttar Pradesh. The engineering, procurement and construction (EPC) order is for design, manufacture, testing, erection and commissioning of the 15 MW grid-Interactive solar power plant at Singrauli in Uttar Pradesh,the company said in a statement. BHEL will execute the project covering all works from concept to commissioning and will operate and maintain the project for one year, it added. ref: http://economictimes.indiatimes.com/news/news-by-industry/energy/power/bhel-bags-rs-96-crore-worth-order-from-ntpc/articleshow/22338787.cms