Tuesday, May 13, 2008

BHEL becoming stronger and bigger

World over, companies starting from small units become bigger and stronger through strategic planning. Long-term strategic planning includes diversification, acquisition and merger on a sustained basis. This kind of planning started in BHEL in the '70s when HEIL, Bhopal was merged with BHEL to form a single corporation in the power sector - BHEL. Also, two sick units of Karnataka Government were acquired by BHEL and rechristened as Electronic Division and Electro-porcelain Division - both at Bangalore.
Only recently, BHEL and NTPC joined hands to form a Joint Venture Company. And now comes the good news of BHEL having acquired Visakhapatnam-based Bharat Heavy Plate & Vessels. Surely BHPV will emerge as a successful unit of BHEL - thanks to the dynamic, supportive and forward-looking management style of BHEL. BHEL is undoubtedly a highly professional organisation which is reckoned among the top ten global giants in the power field.

All that BHEL needs is sustained support from the Government of India which is surely the agenda of any government as far as its public sector undertakings are concerned. Governments of the most developed countries, namely, USA, Germany, France, UK, Japan etc do support their public sector enterprises because PSEs have been set up with public money. On the same analogy, instead of running down the PSEs, Government should look into the working of each enterprise, help loss-making enterprises into becoming profit-making units and profit-making units to become still more bigger and stronger. Letting some major PSEs, including BHEL, without a regular CMD for months and even years is not right. Why can't concerned Ministries initiate timely action for processing the appointment of regular CMDs three months before the retirement or superannuation of CMDs which fact is known to everyone in the Ministry? PMO must question the concerned Ministries for any failures on this score. PMO must immediately take stock of such situations and get the situation rectified in the larger interest of Public Sector functioning.

reported by: CK Sardana, Bhopal



source:
http://www.centralchronicle.com/20080514/1405322.htm

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