BHEL: Made to order

Bharat Heavy Electricals Ltd (BHEL) has been seeing strong order inflows for the last couple of years.The latest one is worth Rs 2030 crore and is for the supply of equipment for the 1,000 mw Nabinagar thermal power project.

The firm is expected to close FY08 with orders for more than 15,500 mw compared with orders for 9,900 mw in FY07.

While the momentum could taper off in the next couple of years with orders growing at just about 5 -10 per cent in each year, the outstanding orderbook of Rs 78,000 crore as at the end of December 2007, and the additional capacity being created, would ensure that the pace of execution remains brisk.

BHEL has already ramped up its capacity to 10,000 MW and this will be further increased to 15,000 mw total investment of Rs 3,200 crore.