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/
Monday, January 30, 2012
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
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