BHEL gets 94% of new orders from pvt sector

Bharat Heavy Electricals Ltd (BHEL) says private power producers, which were predominantly buying equipment from Chinese companies, are turning to it in a big way.

Speaking on the sidelines of the 20th annual conference of the Indian Nuclear Society, BHEL Chairman and Managing Director B P Rao said the company had bagged orders worth Rs 30,000 crore between April 2009 and December 2009 for erecting 11,700 Mw of capacity. Of these, 11,200 Mw were from independent power producers (IPPs), constituting about 94 per cent of the order book.

“The majority of them (IPPs) used to give these orders to Chinese companies,” he said. “Equipment performance and competitiveness is helping BHEL to win back these orders.”

However, Rao would not name the IPPs who had switched from Chinese companies to his.

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http://www.business-standard.com/india/news/bhel-gets-94new-orderspvt-sector/381805/