Monday, July 5, 2010

Expect increase in public, pvt sector order book: BHEL

Bharat Heavy Electricals (BHEL) is confident of maintaining its lead in the boiler-turbine-generator (BTG) Space. Commenting on the impending BTG bulk tender from NTPC, for which even L&T is a contender, BP Rao, Chairman, BHEL said NTPC has called for its re-tendering. Some brokerage reports had suggested that Larsen & Toubro has been disqualified from the 11x660 mw BTG bulk tender.

Rao said margins and market share are important and he expect public & private sector order book to grow. However, raw materials for the capital goods space remain a constraint but there is no constraint as far as BHEL's manufacturing capacity is concerned. In fact, for FY11, the company expects to manufacture 16000 MW versus 13000 MW in FY10, Rao said.

more at:
http://www.moneycontrol.com/news/business/expect-increasepublic-pvt-sector-order-book-bhel_467972.html

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