Alstom Projects Ltd (BOM:532309), the Indian arm of the France-based multinational company today announced that has been awarded an order of Rs 4.58 billion by Bharat Heavy Electricals. The stocks of the company gained momentum to 2.73 per cent from the previous close, on the Bombay stock Exchange (BSE).
The order is for supplying boiler components to BHEL's 2 X 800 MW supercritical coal fired power at Raichur, Karnataka, said Alstom Projects India in a notice to the Bombay Stock Exchange.
The stock had outperformed the market over the past one quarter, gaining 3.98% as against 1.00% fall in the Sensex. The shares of the company hit a 52-week high at Rs 679.50 on June 25, 2010 while a 52-week low at Rs 425.15 on July 6, 2009.
ref:
http://www.commodityonline.com/commodity-stocks/Alstom-Projects-gets-Rs45bn-order-from-BHEL-2010-06-30-29558-3-1.html
Wednesday, June 30, 2010
Tuesday, June 29, 2010
ONGC to buy 10 onshore rigs valued at Rs900 crore from BHEL
State-run Oil and Natural Gas Corp (ONGC) plans to invest Rs4,580 crore for acquisition of 14 oil and gas rigs, a newspaper report said today, citing an unnamed company official.
According to the report, the company intends to acquire 10 onshore rigs valued at Rs900 crore from state-owned Bharat Heavy Electricals Ltd (BHEL) and float tenders for an additional four offshore rigs that would require an investment of Rs3,680 crore, the report said.
According to another unnamed ONGC official quoted in the report, the company would go to BHEL for onshore rigs for which it already has quotations while for jack-up rigs, the company would go for tendering once the design was crystallised.
ref:
http://www.domain-b.com/companies/companies_o/ONGC/20100629_acquisition.html
According to the report, the company intends to acquire 10 onshore rigs valued at Rs900 crore from state-owned Bharat Heavy Electricals Ltd (BHEL) and float tenders for an additional four offshore rigs that would require an investment of Rs3,680 crore, the report said.
According to another unnamed ONGC official quoted in the report, the company would go to BHEL for onshore rigs for which it already has quotations while for jack-up rigs, the company would go for tendering once the design was crystallised.
ref:
http://www.domain-b.com/companies/companies_o/ONGC/20100629_acquisition.html
Monday, June 28, 2010
BHEL equipment produce record power in 2009-10
BHEL today said that its power sets have generated 490 billion units electricity in 2009-10, an all-time in the company's history.
The company-built thermal, hydro, gas and nuclear sets produced a record 490 billion units of electricity in financial year 2009-10, a company statement said.
BHEL-manufactured thermal sets achieved a Plant Load Factor (PLF) or efficiency of 78.4 per cent.
BHEL-made 200-500 MW thermal sets operated at PLF of 82.1 per cent.
The company has already established the capability to deliver 15,000 MW of power equipment per annum and further augmentation to 20,000 MW per annum is proceeding apace.
ref:
http://www.business-standard.com/india/news/bhel-equipment-produce-record-power-in-2009-10/99487/on
The company-built thermal, hydro, gas and nuclear sets produced a record 490 billion units of electricity in financial year 2009-10, a company statement said.
BHEL-manufactured thermal sets achieved a Plant Load Factor (PLF) or efficiency of 78.4 per cent.
BHEL-made 200-500 MW thermal sets operated at PLF of 82.1 per cent.
The company has already established the capability to deliver 15,000 MW of power equipment per annum and further augmentation to 20,000 MW per annum is proceeding apace.
ref:
http://www.business-standard.com/india/news/bhel-equipment-produce-record-power-in-2009-10/99487/on
Thursday, June 24, 2010
Alstom teams up with NPCIL, BHEL to supply reactor turbines
Alstom Power, the Nuclear Power Corporation of India Limited (NPCIL) and BHEL have entered into a tripartite agreement for supplying turbines for the indigenous 700-MWe Pressurised Heavy Water Reactors that will be built in four locations in India.
“We have been retained to provide turbines for the 700-MWe reactors for India's nuclear power programme. The first order is for Kakrapar in Gujarat,” Guy Chardon, senior vice-president, Thermal Products, Alstom Power, said here.
He told visiting journalists from India and France that NPCIL, Alstom Power and BHEL would have one-third equity each in this joint venture, which awaited the approval of the Atomic Energy Commission (of India).
Excavation is under way for building two reactors of 700 MWe each at Kakrapar, 80 km from Surat. Six more Pressurised Heavy Water Reactors of 700 MWe each will come up in Rajasthan, Madhya Pradesh and Haryana, with two reactors for each State.
more at:
http://www.thehindu.com/business/companies/article484088.ece
“We have been retained to provide turbines for the 700-MWe reactors for India's nuclear power programme. The first order is for Kakrapar in Gujarat,” Guy Chardon, senior vice-president, Thermal Products, Alstom Power, said here.
He told visiting journalists from India and France that NPCIL, Alstom Power and BHEL would have one-third equity each in this joint venture, which awaited the approval of the Atomic Energy Commission (of India).
Excavation is under way for building two reactors of 700 MWe each at Kakrapar, 80 km from Surat. Six more Pressurised Heavy Water Reactors of 700 MWe each will come up in Rajasthan, Madhya Pradesh and Haryana, with two reactors for each State.
more at:
http://www.thehindu.com/business/companies/article484088.ece
Alstom JV with BHEL, NPCIL to supply equipment to nuclear project
French energy equipment major Alstom on Thursday said it has finalised a tripartite joint venture agreement with state-run BHEL and Nuclear Power Corporation of India, a development that would help the company to tap about 45,000 MW of Indian nuclear power market.
"Joint venture tripartite agreement with BHEL and NPCIL has been finalised and is being reviewed by the Atomic Energy Commission," Alstom Power Senior Vice President (Thermal Products) Guy Chardon told reporters.
Alstom's Indian arm APIL, power equipment maker BHEL and Nuclear Power Corporation of India Ltd (NPCIL) are setting up a joint venture company to provide technical support and supply turbines to nuclear power projects in India.
"We will be one-third equity partner in the joint venture company with a capital of 25 million euro ... We want the agreement to be finalised as quickly as possible," said Chardon, who is here for the inauguration of turbine manufacture facility of Alstom.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/Alstom-JV-with-BHEL-NPCIL-to-supply-equipment-to-nuclear-project/articleshow/6086145.cms
"Joint venture tripartite agreement with BHEL and NPCIL has been finalised and is being reviewed by the Atomic Energy Commission," Alstom Power Senior Vice President (Thermal Products) Guy Chardon told reporters.
Alstom's Indian arm APIL, power equipment maker BHEL and Nuclear Power Corporation of India Ltd (NPCIL) are setting up a joint venture company to provide technical support and supply turbines to nuclear power projects in India.
"We will be one-third equity partner in the joint venture company with a capital of 25 million euro ... We want the agreement to be finalised as quickly as possible," said Chardon, who is here for the inauguration of turbine manufacture facility of Alstom.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/Alstom-JV-with-BHEL-NPCIL-to-supply-equipment-to-nuclear-project/articleshow/6086145.cms
Wednesday, June 23, 2010
NTPC to float fresh tender for boilers
NTPC, after scrapping the original tender, is planning to issue a fresh one on Thursday for a Rs 8,800-crore contract for bulk supply of super-critical boilers. The company’s board in its meeting on Monday decided to scrap the original tender and seek fresh bids after L&T Power was disqualified for technical reasons, leaving only Bhel in the race.
Italy’s Ansaldo, which is setting up a boiler manufacturing facility near Hyderabad, is also expected to participate in the fresh bidding process. The company had sought a two-month extension for submitting its bid against the original tender. However, it decided not to submit a bid after NTPC had declined its request.
L&T Power can participate in the fresh bidding process provided it submits parental guarantee from L&T, which has signed a required technological collaboration agreement with Japan's Mitsubishi Heavy Industries (MHI) for the manufacturing of super-critical boilers.
More at:
http://www.financialexpress.com/news/NTPC-to-float-fresh-tender-for-boilers/637708/
Italy’s Ansaldo, which is setting up a boiler manufacturing facility near Hyderabad, is also expected to participate in the fresh bidding process. The company had sought a two-month extension for submitting its bid against the original tender. However, it decided not to submit a bid after NTPC had declined its request.
L&T Power can participate in the fresh bidding process provided it submits parental guarantee from L&T, which has signed a required technological collaboration agreement with Japan's Mitsubishi Heavy Industries (MHI) for the manufacturing of super-critical boilers.
More at:
http://www.financialexpress.com/news/NTPC-to-float-fresh-tender-for-boilers/637708/
BHEL inks pact with Sheffield for technology transfer
BHEL today said it signed a technology transfer agreement with UK-based Sheffield Forgemasters International to produce forgings for turbines and generators up to 1,000 MW rating.
The knowledge transfer package was signed here by BHEL Chairman and Managing Director B P Rao and Chief Executive of Sheffield Forgemasters Graham Honeyman in the presence of Minister of Heavy Industries and Public Enterprises Vilasrao Deshmukh, an official statement said.
The 10-year partnership to develop power generation forgings in the sub-continent will see transfer of specialist technology and engineering knowledge from the Sheffield-based manufacturer to BHEL, the statement said.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-inks-pact-with-Sheffield-for-technology-transfer/articleshow/6082317.cms
The knowledge transfer package was signed here by BHEL Chairman and Managing Director B P Rao and Chief Executive of Sheffield Forgemasters Graham Honeyman in the presence of Minister of Heavy Industries and Public Enterprises Vilasrao Deshmukh, an official statement said.
The 10-year partnership to develop power generation forgings in the sub-continent will see transfer of specialist technology and engineering knowledge from the Sheffield-based manufacturer to BHEL, the statement said.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-inks-pact-with-Sheffield-for-technology-transfer/articleshow/6082317.cms
Tuesday, June 22, 2010
NTPC disqualifies L&T from Rs 20K cr tender
In what must come as a blow to engineering giant L&T, NDTV has learnt that the government’s power utility NTPC has rejected L&T's bid for the Rs 20,000 crore tender for supplying power equipment.
Sources tell NDTV that L&T's disqualification is technical in nature as L&T participated through its subsidiary L&T Power, which has no expertise in manufacturing supercritical equipment.
more at:
http://beta.profit.ndtv.com/news/show/ntpc-disqualifies-l-t-from-rs-20k-cr-tender-76972
Sources tell NDTV that L&T's disqualification is technical in nature as L&T participated through its subsidiary L&T Power, which has no expertise in manufacturing supercritical equipment.
more at:
http://beta.profit.ndtv.com/news/show/ntpc-disqualifies-l-t-from-rs-20k-cr-tender-76972
PM to lay foundation for NTPC-BHEL project on July 10
BEML Ltd, the public sector mining & construction, rail & metro and defence equipment maker, today announced that it would supply first metro train set to Bangalore Metro Rail Corporation Ltd (BMRCL) in October this year.
V RS Natarajan, chairman and managing director, BEML Ltd told reporters, here that the first mock up (model) car will be displayed for public view in July at Anil Kumble circle, from where the reach-1 of Bangalore Metro will start. The trial run will commence from October and the commercial run will take place in December.
“The Bangalore Metro is on schedule. We will be supplying the first train set to BMRCL in October this year,” he said. BEML has secured an order valued at Rs 1,672 crore from BMRCL for supply of 150 standard gauge metro cars and is likely to bag order for another 63 cars, he said.
more at:
http://www.business-standard.com/india/news/pm-to-lay-foundation-for-ntpc-bhel-projectjuly-10/399072/
V RS Natarajan, chairman and managing director, BEML Ltd told reporters, here that the first mock up (model) car will be displayed for public view in July at Anil Kumble circle, from where the reach-1 of Bangalore Metro will start. The trial run will commence from October and the commercial run will take place in December.
“The Bangalore Metro is on schedule. We will be supplying the first train set to BMRCL in October this year,” he said. BEML has secured an order valued at Rs 1,672 crore from BMRCL for supply of 150 standard gauge metro cars and is likely to bag order for another 63 cars, he said.
more at:
http://www.business-standard.com/india/news/pm-to-lay-foundation-for-ntpc-bhel-projectjuly-10/399072/
Monday, June 21, 2010
Forgemasters and BHEL sign knowledge transfer deal
A £30m knowledge transfer package between Sheffield Forgemasters and India’s largest power equipment maker, Bharat Heavy Electricals Limited (BHEL), has been agreed.
The 10-year partnership to develop power generation forgings on the sub-continent will see state-run BHEL buy specialist technology and engineering knowledge from the Sheffield-based manufacturer.
The technology transfer will enable Forgemasters to establish a foothold in central Asia, helping to protect its future markets in the sub-continent and serving India’s domestic market for turbine and power generation products
more at:
http://www.theengineer.co.uk/news/forgemasters-and-bhel-sign-knowledge-transfer-deal/1003066.article
The 10-year partnership to develop power generation forgings on the sub-continent will see state-run BHEL buy specialist technology and engineering knowledge from the Sheffield-based manufacturer.
The technology transfer will enable Forgemasters to establish a foothold in central Asia, helping to protect its future markets in the sub-continent and serving India’s domestic market for turbine and power generation products
more at:
http://www.theengineer.co.uk/news/forgemasters-and-bhel-sign-knowledge-transfer-deal/1003066.article
Friday, June 18, 2010
Higher advance tax payment powers Bhel
Bharat Heavy Electricals gained 1.21% to Rs 2,411.90 at 14:38 IST on BSE, after the company paid advance tax of Rs 400 crore in Q1 June 2010, up 25% compared to Rs 320 crore it paid in Q1 June 2009.
Meanwhile, the BSE Sensex was down 87.29 points, or 0.50% to 17,529.40.
On BSE, 66,096 shares were traded in the counter as against an average daily volume of 76,656 shares in the past one quarter.
The stock hit a high of Rs 2423.50 and a low of Rs 2366.50 so far during the day. The stock had hit a 52-week high of Rs 2585 on 12 April 2010 and a 52-week low of Rs 1940 on 13 July 2009.
ref:
http://www.indiainfoline.com/Markets/News/Higher-advance-tax-payment-powers-Bhel/3138672768
Meanwhile, the BSE Sensex was down 87.29 points, or 0.50% to 17,529.40.
On BSE, 66,096 shares were traded in the counter as against an average daily volume of 76,656 shares in the past one quarter.
The stock hit a high of Rs 2423.50 and a low of Rs 2366.50 so far during the day. The stock had hit a 52-week high of Rs 2585 on 12 April 2010 and a 52-week low of Rs 1940 on 13 July 2009.
ref:
http://www.indiainfoline.com/Markets/News/Higher-advance-tax-payment-powers-Bhel/3138672768
Wednesday, June 16, 2010
Bhel expects increased order flow from railways
Bharat Heavy Electricals (Bhel) hopes to maintain sustainable growth in its non-core business segments, particularly transportation and transmission. The company expects strong emerging opportunities in these two sectors.
Power, however, remains higher growth sector for the company. "Growth will definitely be big from the power sector in view of the proposed bulk tenders and supercritical orders in the immediate term. Nuclear is going to happen and so power sector is going to provide the biggest opportunities,” B P Rao, chairman and managing director of Bhel said.
“In transportation segment, we see very good growth opportunities. The Indian Railways is going in for a special purpose vehicle and public private partnership (PPP) mode for setting up new factories in Bihar and West Bengal. Bhel is very much participating in some of the tenders, which are already on. We will be participating in future tenders as well. The conventional locomotives that we produce at Jhansi with the electricals from Bhopal is also seeing a growth,” he said.
Last year, Bhel received 150 locomotive orders in addition to earlier order book of 50. The company expects the railways to increase their sourcing from them by up to about 100 locomotives per year. “We are also expanding our capacities in Jhansi,” Rao said.
In power transmission segment, the company signed an agreement with Japan’s Toshiba in February to focus on transmission and distribution business under a new JV.
ref :
http://www.mydigitalfc.com/companies/bhel-expects-increased-order-flow-railways-085
Power, however, remains higher growth sector for the company. "Growth will definitely be big from the power sector in view of the proposed bulk tenders and supercritical orders in the immediate term. Nuclear is going to happen and so power sector is going to provide the biggest opportunities,” B P Rao, chairman and managing director of Bhel said.
“In transportation segment, we see very good growth opportunities. The Indian Railways is going in for a special purpose vehicle and public private partnership (PPP) mode for setting up new factories in Bihar and West Bengal. Bhel is very much participating in some of the tenders, which are already on. We will be participating in future tenders as well. The conventional locomotives that we produce at Jhansi with the electricals from Bhopal is also seeing a growth,” he said.
Last year, Bhel received 150 locomotive orders in addition to earlier order book of 50. The company expects the railways to increase their sourcing from them by up to about 100 locomotives per year. “We are also expanding our capacities in Jhansi,” Rao said.
In power transmission segment, the company signed an agreement with Japan’s Toshiba in February to focus on transmission and distribution business under a new JV.
ref :
http://www.mydigitalfc.com/companies/bhel-expects-increased-order-flow-railways-085
Monday, June 14, 2010
NTPC board to take decision on controversial tender on 21 June
State-run NTPC Ltd’s board is expected to take a decision on 21 June about a Rs40,000 crore contract for so-called supercritical power generation equipment that has been marred by controversy.
The controversy is over the eligibility of one of the bidders—a joint venture (JV) between Larsen and Toubro Power Ltd (L&T Power) and Japan’s Mitsubishi Heavy Industries Ltd (MHI)—to pitch for the contract to supply boilers. The only other bidder is state-run Bharat Heavy Electricals Ltd (Bhel).
At a board meeting on 21 June, NTPC will decide on the eligibility of the JV, whether to go ahead with the award of the contract for supply of boilers or to opt for a re-tender.
NTPC recently floated the tender for supercritical power projects, inviting bids to supply 11 boilers and 11 turbines of 660MW each that would be locally built. Nine packages of boilers and turbines are meant for NTPC ’s projects and two for Damodar Valley Corp.
Supercritical equipment such as boilers and turbines improve the efficiency of power plants and are environment-friendly.
more at :
http://www.livemint.com/2010/06/14211916/NTPC-board-to-take-decision-on.html?atype=tp
The controversy is over the eligibility of one of the bidders—a joint venture (JV) between Larsen and Toubro Power Ltd (L&T Power) and Japan’s Mitsubishi Heavy Industries Ltd (MHI)—to pitch for the contract to supply boilers. The only other bidder is state-run Bharat Heavy Electricals Ltd (Bhel).
At a board meeting on 21 June, NTPC will decide on the eligibility of the JV, whether to go ahead with the award of the contract for supply of boilers or to opt for a re-tender.
NTPC recently floated the tender for supercritical power projects, inviting bids to supply 11 boilers and 11 turbines of 660MW each that would be locally built. Nine packages of boilers and turbines are meant for NTPC ’s projects and two for Damodar Valley Corp.
Supercritical equipment such as boilers and turbines improve the efficiency of power plants and are environment-friendly.
more at :
http://www.livemint.com/2010/06/14211916/NTPC-board-to-take-decision-on.html?atype=tp
Saturday, June 12, 2010
60 BHEL projects behind Plan target, PowerMin satisfied
Sixty Bharat Heavy Electricals Limited (BHEL) projects are facing more than 21,300 mega watts (MW) worth of project delays under the revised 11th Plan’s target of 62,000 MW. Despite the shortcomings, the power ministry is content with BHEL’s performance in the 11th Plan, during which the navaratna PSU has added about 11,000 MW.
Nineteen of those 60 projects are now either border-line projects or will certainly not contribute to the revised target. The delays, which BHEL insists are not entirely their fault, will still push more than 7,800 MW of new capacity, using BHEL equipment, out of the largest five-year-plan for power — putting the 62,000 MW target in jeopardy. “Many delays are caused by certain customer inputs,” said BHEL's Director Power Atul Saraya. “So in certain circumstances, we have rightly pointed to the customer, which in turn has come as a help because some have agreed to 'zero' our commissioning date so that it does not appear as though a two-year delay is the entire fault of BHEL.” Along with delays on the parts of consumers, Saraya said the list of BHEL projects delayed because of environmental clearances has surpassed 10,000 MW in the 11th plan.
ref:
http://www.indianexpress.com/news/60-BHEL-projects-behind-Plan-target--PowerMin-satisfied/633054
Nineteen of those 60 projects are now either border-line projects or will certainly not contribute to the revised target. The delays, which BHEL insists are not entirely their fault, will still push more than 7,800 MW of new capacity, using BHEL equipment, out of the largest five-year-plan for power — putting the 62,000 MW target in jeopardy. “Many delays are caused by certain customer inputs,” said BHEL's Director Power Atul Saraya. “So in certain circumstances, we have rightly pointed to the customer, which in turn has come as a help because some have agreed to 'zero' our commissioning date so that it does not appear as though a two-year delay is the entire fault of BHEL.” Along with delays on the parts of consumers, Saraya said the list of BHEL projects delayed because of environmental clearances has surpassed 10,000 MW in the 11th plan.
ref:
http://www.indianexpress.com/news/60-BHEL-projects-behind-Plan-target--PowerMin-satisfied/633054
Friday, June 11, 2010
C.S. Verma, former Director(finance) of BHEL, takes over as SAIL Chairman
Steel Authority of India Ltd (SAIL) announced on Friday that Mr C.S. Verma has taken charge as the Chairman of the company. Mr Verma was formerly with Bharat Heavy Electricals Ltd (BHEL) as Director (Finance).
Pointing out his priorities for SAIL, Mr Verma said, “The first priority will be to get SAIL to produce more value-added products. SAIL at present does not completely fulfil the power sector requirements. But I will push for BHEL to buy more from SAIL. The power sector will have to work closely with BHEL.â€Currently, SAIL sells 7 per cent of its steel to BHEL. However, it does not produce special steel products such as cold rolled grain oriented (CRGO) steel and cold rolled non-grain oriented (CRNGO) steel for which BHEL has to depend on imports.
Mr Verma said the company will actively look at acquisition opportunities abroad, especially for raw material assets. Inorganic growth is important for the company and we will need to look at acquisition opportunities abroad.
ref:
http://www.indiainfoline.com/Markets/News/C.S.-Verma-takes-over-as-SAIL-Chairman/220789030
Pointing out his priorities for SAIL, Mr Verma said, “The first priority will be to get SAIL to produce more value-added products. SAIL at present does not completely fulfil the power sector requirements. But I will push for BHEL to buy more from SAIL. The power sector will have to work closely with BHEL.â€Currently, SAIL sells 7 per cent of its steel to BHEL. However, it does not produce special steel products such as cold rolled grain oriented (CRGO) steel and cold rolled non-grain oriented (CRNGO) steel for which BHEL has to depend on imports.
Mr Verma said the company will actively look at acquisition opportunities abroad, especially for raw material assets. Inorganic growth is important for the company and we will need to look at acquisition opportunities abroad.
ref:
http://www.indiainfoline.com/Markets/News/C.S.-Verma-takes-over-as-SAIL-Chairman/220789030
Thursday, June 10, 2010
BHEL for locomotives, transmission
Bharat Heavy Electricals Ltd (BHEL) has identified transportation and transmission as the two major emerging areas that in addition to its existing core business of power equipment manufacturing would drive the company’s growth in the next three to four years.
BHEL Chairman and Managing Director B.P. Rao told Hindustan Times his company is in the process of joining hands with the Railways, which is constructing two new major facilities for manufacturing high power electric and diesel locomotives.
“These two facilities are coming up in Bihar and would essentially cater to the demand of locomotives for the proposed high speed dedicated freight corridor project,” Rao said. BHEL also plans to manufacture 100 high speed locomotives a year.
BHEL, he said, has already tied up with General Electric as the technology partner for the diesel locomotives and is in the process of tying up with an international partner for manufacturing electric locomotives.
“We are looking at a time frame of three years for manufacturing these high power locomotives or high horse power locos of 7,000 and 9,000 HP and going up to 12,000 HP in future,” Rao said.
“GE and BHEL will invest in these two facilities and would be part owners. The exact investment details are being worked out but the Railways will have a minority stake (of 26 per cent or even less) in both and the rest will be GE and BHEL.”
In transmission, BHEL is presently the leader in the 400kV segment. For the higher voltage segment, BHEL has recently established a JV with Toshiba and has plans to manufacture sets of 700 KV and 1200 kV.
For the HVDC transmission, BHEL is working with ABB. “The two of us have already bagged the contract for building the first 800kV transmission line in India and second in the world.
ref:
http://www.hindustantimes.com/BHEL-for-locomotives-transmission/Article1-555928.aspx
BHEL Chairman and Managing Director B.P. Rao told Hindustan Times his company is in the process of joining hands with the Railways, which is constructing two new major facilities for manufacturing high power electric and diesel locomotives.
“These two facilities are coming up in Bihar and would essentially cater to the demand of locomotives for the proposed high speed dedicated freight corridor project,” Rao said. BHEL also plans to manufacture 100 high speed locomotives a year.
BHEL, he said, has already tied up with General Electric as the technology partner for the diesel locomotives and is in the process of tying up with an international partner for manufacturing electric locomotives.
“We are looking at a time frame of three years for manufacturing these high power locomotives or high horse power locos of 7,000 and 9,000 HP and going up to 12,000 HP in future,” Rao said.
“GE and BHEL will invest in these two facilities and would be part owners. The exact investment details are being worked out but the Railways will have a minority stake (of 26 per cent or even less) in both and the rest will be GE and BHEL.”
In transmission, BHEL is presently the leader in the 400kV segment. For the higher voltage segment, BHEL has recently established a JV with Toshiba and has plans to manufacture sets of 700 KV and 1200 kV.
For the HVDC transmission, BHEL is working with ABB. “The two of us have already bagged the contract for building the first 800kV transmission line in India and second in the world.
ref:
http://www.hindustantimes.com/BHEL-for-locomotives-transmission/Article1-555928.aspx
NTPC-BHEL venture plans Rs. 6,000 cr capital investment
NTPC and Bharat Heavy Electrical Ltd. (BHEL) have finalised plans to manufacture nearly 5,000 MW of power equipment annually and hope to secure nearly Rs.7,000-crore worth orders by the end of this year.
NTPC BHEL Power Projects (NBPPL), which made a detailed presentation to the Ministry of Heavy Industries and Public Enterprises on Thursday, has outlined a capital investment of Rs.6,000 crore to become a major player in the field of power generating equipment, it said.
NBPPL is a 50:50 joint venture company between NTPC and BHEL for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as for manufacturing and supplying equipment in India and abroad to meet the needs of power equipment in the power sector expansion plans.
NBPPL Chairman and Managing Director C. P. Singh said the manufacturing plant was being set up in Andhra Pradesh for which the Andhra Government has already allotted 750 acres at YSR Puram.
In the first phase, EPC and balance of plant (BoP) manufacturing facilities will be completed by 2012-13. In the second phase, manufacturing facilities of turbine, generator and boilers will be completed by 2014-15.
Mr. Singh said on completion, the integrated plant would have an installed capacity to manufacture 5,000 MW of power equipment annually.
ref:
http://beta.thehindu.com/business/companies/article452193.ece
NTPC BHEL Power Projects (NBPPL), which made a detailed presentation to the Ministry of Heavy Industries and Public Enterprises on Thursday, has outlined a capital investment of Rs.6,000 crore to become a major player in the field of power generating equipment, it said.
NBPPL is a 50:50 joint venture company between NTPC and BHEL for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as for manufacturing and supplying equipment in India and abroad to meet the needs of power equipment in the power sector expansion plans.
NBPPL Chairman and Managing Director C. P. Singh said the manufacturing plant was being set up in Andhra Pradesh for which the Andhra Government has already allotted 750 acres at YSR Puram.
In the first phase, EPC and balance of plant (BoP) manufacturing facilities will be completed by 2012-13. In the second phase, manufacturing facilities of turbine, generator and boilers will be completed by 2014-15.
Mr. Singh said on completion, the integrated plant would have an installed capacity to manufacture 5,000 MW of power equipment annually.
ref:
http://beta.thehindu.com/business/companies/article452193.ece
Wednesday, June 9, 2010
BHEL, Alstom to bid for Metro Rail Project jointly
Bharat Heavy Electricals Limited (BHEL) and France's Alstom on Wednesday announced that they had joined hands to bid for the prestigious Rs.14,000 crore Chennai Metro Rail Project.
“We have signed an in-principle agreement with Alstom for the Chennai metro project,” BHEL Chairman and Managing Director, B.P. Rao told reporters here. However, Mr. Rao said the equity participation by both the firms is yet to be finalised. The Chennai Metro Rail Project, which got the Cabinet approval in January, 2009, will cover a total length of over 45 Km, connecting Washermanpet and Chennai Airport and Chennai Fort and St Thomas Mount, with both corridors partially running underground.
Chennai Metro Rail Corporation Limited, a special purpose vehicle owned jointly by the Centre and the Tamil Nadu Government on 50:50 basis, is executing the project. BHEL along with Alstom will bid to provide the necessary machinery for the project.
Mr. Rao said BHEL was engaged in manufacturing equipment for power projects, defence and the auto sector as well. “It currently manufactures equipment that can generate 15,000 MW of electricity, which the company plans to scale up to 20,000 MW by the end of the 2012 fiscal,'' Mr. Rao added.
ref:
http://beta.thehindu.com/business/companies/article451193.ece
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“We have signed an in-principle agreement with Alstom for the Chennai metro project,” BHEL Chairman and Managing Director, B.P. Rao told reporters here. However, Mr. Rao said the equity participation by both the firms is yet to be finalised. The Chennai Metro Rail Project, which got the Cabinet approval in January, 2009, will cover a total length of over 45 Km, connecting Washermanpet and Chennai Airport and Chennai Fort and St Thomas Mount, with both corridors partially running underground.
Chennai Metro Rail Corporation Limited, a special purpose vehicle owned jointly by the Centre and the Tamil Nadu Government on 50:50 basis, is executing the project. BHEL along with Alstom will bid to provide the necessary machinery for the project.
Mr. Rao said BHEL was engaged in manufacturing equipment for power projects, defence and the auto sector as well. “It currently manufactures equipment that can generate 15,000 MW of electricity, which the company plans to scale up to 20,000 MW by the end of the 2012 fiscal,'' Mr. Rao added.
ref:
http://beta.thehindu.com/business/companies/article451193.ece
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Tuesday, June 8, 2010
CBI raid at BHEL employee's premises
Bhopal, June 8:
The sleuths of the Central Bureau of Investigation (CBI) today raided three premises of an Assistant Engineer employed with public sector Bharat Heavy Electrical Ltd (BHEL) here and registered a case of amassing wealth disproportionate to his known sources of income.
Ashok Kumar Chouhan's premises were raided after complaints were received regarding his involvement in the irregularities committed at the Alkapuri Housing Society managed by BHEL employees, CBI sources here said.
The raids were conducted at Chouhan's Saket Nagar residence, office in BHEL locality and one other place. The search operation is still underway.
ref:
http://www.centralchronicle.com/viewnews.asp?articleID=37983
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Law Enforcement Agencies of India: Mumbai Police, West Bengal Police, Greater Chennai Police, Force One, Maharashtra Police, Crime Branch Cid
The sleuths of the Central Bureau of Investigation (CBI) today raided three premises of an Assistant Engineer employed with public sector Bharat Heavy Electrical Ltd (BHEL) here and registered a case of amassing wealth disproportionate to his known sources of income.
Ashok Kumar Chouhan's premises were raided after complaints were received regarding his involvement in the irregularities committed at the Alkapuri Housing Society managed by BHEL employees, CBI sources here said.
The raids were conducted at Chouhan's Saket Nagar residence, office in BHEL locality and one other place. The search operation is still underway.
ref:
http://www.centralchronicle.com/viewnews.asp?articleID=37983
------------------------------------------------------------
Law Enforcement Agencies of India: Mumbai Police, West Bengal Police, Greater Chennai Police, Force One, Maharashtra Police, Crime Branch Cid
Monday, June 7, 2010
BHEL may seek green channel
Bharat Heavy Electricals Ltd (BHEL) has set up a taskforce through which it is planning to seek Green Channel for speeding up transit of consignments bound for power projects, through inter-state borders.
The public sector company said that the task force will take up the idea to the Ministry of Surface Transport.
Addressing a Transporters' Meet & Awards function organised at BHEL Tiruchirappalli, A V Krishnan, executive director, BHEL – Tiruchirappalli said that this would be a significant benefit both for manufacturers and transporters of equipment for power projects across the country and would help to speed up project execution.
Unlike in the past when setting up the rail link used to be the first step in project execution enabling use of the railways, now there is not much time and roads are the only way, he added for transportation of project consignments, the speed at which the Indian power sector was growing meant that there was no longer time for setting up such infrastructure and construction had to start almost as soon as the land for the project was acquired.
more at:
http://sify.com/finance/bhel-may-seek-green-channel-news-news-kghbvAffjcg.html
The public sector company said that the task force will take up the idea to the Ministry of Surface Transport.
Addressing a Transporters' Meet & Awards function organised at BHEL Tiruchirappalli, A V Krishnan, executive director, BHEL – Tiruchirappalli said that this would be a significant benefit both for manufacturers and transporters of equipment for power projects across the country and would help to speed up project execution.
Unlike in the past when setting up the rail link used to be the first step in project execution enabling use of the railways, now there is not much time and roads are the only way, he added for transportation of project consignments, the speed at which the Indian power sector was growing meant that there was no longer time for setting up such infrastructure and construction had to start almost as soon as the land for the project was acquired.
more at:
http://sify.com/finance/bhel-may-seek-green-channel-news-news-kghbvAffjcg.html
BHEL commissions gas-based power projects in UAE, Oman
BHEL on Monday said it has commissioned two gas-based power projects in the United Arab Emirates (UAE) and Oman.
“BHEL commissioned the 2x42-MW gas turbine-based power project of Al Ghail Power Company in Ras Al Khaima, near Dubai, and a 26 MW gas turbine generator at Oman refinery and petrochemical plant in Muscat,” a company statement said.
BHEL’s scope of work under the 2x42-MW project included supply of gas turbine generating units with auxiliary equipment and supervision of erection and commissioning.
In the Middle East, BHEL has already set up 14 power projects, besides substations, and supplied a host of equipment for the power and oil and gas sectors.
BHEL currently manufactures equipment that can generate 15,000 MW of electricity.
ref:
http://beta.thehindu.com/business/companies/article448963.ece
“BHEL commissioned the 2x42-MW gas turbine-based power project of Al Ghail Power Company in Ras Al Khaima, near Dubai, and a 26 MW gas turbine generator at Oman refinery and petrochemical plant in Muscat,” a company statement said.
BHEL’s scope of work under the 2x42-MW project included supply of gas turbine generating units with auxiliary equipment and supervision of erection and commissioning.
In the Middle East, BHEL has already set up 14 power projects, besides substations, and supplied a host of equipment for the power and oil and gas sectors.
BHEL currently manufactures equipment that can generate 15,000 MW of electricity.
ref:
http://beta.thehindu.com/business/companies/article448963.ece
AC drilling rigs, a new drive for Bhel
Bharat Heavy Electricals Ltd (Bhel), Hyderabad, is poised to enhance its rig manufacturing capabilities in collaboration with National Oil Well Varco, US. The Hyderbad unit has signed an MoU with the US company late last month for manufacturing land drilling rigs that work on alternating current (AC) and support up to 2000 horse-power drilling lines. The MoU is for building 35 rigs in phases.
With this new technology, which is more efficient and environment-friendly, Bhel Hyderabad looks to double its annual turnover from oil rigs to Rs 400 crore from Rs 200 crore now, according to CSR Murthy, head of engineering & technology, oil rigs. The public sector company expects an order from ONGC for six of 2,000 HP AC deep drilling rigs, each rig costing about Rs 110 crore.
The AC drilling rig, introduced in 1994, is now a preferred technology in off-shore and onshore explorations for its high response.
Further, unlike DC rigs, which causes diesel emissions, AC rigs draw power mostly from utilities, and are, thus, more environment-friendly
ref:
http://www.financialexpress.com/news/AC-drilling-rigs--a-new-drive-for-Bhel/630184/
With this new technology, which is more efficient and environment-friendly, Bhel Hyderabad looks to double its annual turnover from oil rigs to Rs 400 crore from Rs 200 crore now, according to CSR Murthy, head of engineering & technology, oil rigs. The public sector company expects an order from ONGC for six of 2,000 HP AC deep drilling rigs, each rig costing about Rs 110 crore.
The AC drilling rig, introduced in 1994, is now a preferred technology in off-shore and onshore explorations for its high response.
Further, unlike DC rigs, which causes diesel emissions, AC rigs draw power mostly from utilities, and are, thus, more environment-friendly
ref:
http://www.financialexpress.com/news/AC-drilling-rigs--a-new-drive-for-Bhel/630184/
Friday, June 4, 2010
BHEL's industry segment registers 40-per cent growth news
Bharat Heavy Electricals Limited (BHEL) today said that its industry sector business segment recorded an all-time high growth of 40 per cent over the previous year.
Out of the total order booking of Rs59,031 crore by BHEL in 2009-10, industry business segment contributed Rs.14,366 crore, it said.
BHEL said that during fiscal 2009-10, major successes included the highest value captive power plant order of Rs3,348 crore for oi8l marketing gioant, Indian oil Corporation's cogeneration power plant at Orissa, major repeat orders from Hindalco for 6x150 MW BTG package for its Orissa project and Chennai Petroleum Corporation Limited (CPCL) for a 20 MW cogeneration plant at its Chennai Refinery.
BHEL's transportation segment is executing its single largest order of Rs990 crore for 150 5000 HP 25 kV AC mainline electric locomotives (type WAG -7) from Indian Railways.
ref:
http://www.domain-b.com/companies/companies_b/Bharat_Heavy_Electricals/20100604_industry_segment.html
Out of the total order booking of Rs59,031 crore by BHEL in 2009-10, industry business segment contributed Rs.14,366 crore, it said.
BHEL said that during fiscal 2009-10, major successes included the highest value captive power plant order of Rs3,348 crore for oi8l marketing gioant, Indian oil Corporation's cogeneration power plant at Orissa, major repeat orders from Hindalco for 6x150 MW BTG package for its Orissa project and Chennai Petroleum Corporation Limited (CPCL) for a 20 MW cogeneration plant at its Chennai Refinery.
BHEL's transportation segment is executing its single largest order of Rs990 crore for 150 5000 HP 25 kV AC mainline electric locomotives (type WAG -7) from Indian Railways.
ref:
http://www.domain-b.com/companies/companies_b/Bharat_Heavy_Electricals/20100604_industry_segment.html
Wednesday, June 2, 2010
BHEL sets up new unit at Jhansi facility
BHEL on Wednesday said it has increased its transformer building capacity to 15,000 megavolt ampere (MVA) per annum by setting up a new unit at its facility at Jhansi in Uttar Pradesh.
BHEL has set up a new Core and Tank Shop at its transformer manufacturing facility at Jhansi, thereby enhancing the manufacturing capacity from 8,500 MVA to 15,000 MVA per annum, a company statement said.
“These steps would enable BHEL to cater to the requirements of power stations with advanced technology that are expected to come up,” Vilasrao Deshmukh, the Minister for Heavy Industries & Public Enterprises, said after dedicating the unit to the nation on Wednesday.
more at:
http://beta.thehindu.com/business/companies/article444659.ece
BHEL has set up a new Core and Tank Shop at its transformer manufacturing facility at Jhansi, thereby enhancing the manufacturing capacity from 8,500 MVA to 15,000 MVA per annum, a company statement said.
“These steps would enable BHEL to cater to the requirements of power stations with advanced technology that are expected to come up,” Vilasrao Deshmukh, the Minister for Heavy Industries & Public Enterprises, said after dedicating the unit to the nation on Wednesday.
more at:
http://beta.thehindu.com/business/companies/article444659.ece
BHEL Augments Transformer Manufacturing Capacity
As part of its holistic manufacturing capacity expansion and modernization programme, Bharat Heavy Electricals Ltd., or BHEL, has set up a new core and tank shop at its transformer manufacturing Facility at Jhansi in Uttar Pradesh.
With this new shop, the manufacturing capacity for transformers at its Jhansi unit is enhanced to 15,000 MVA per annum from 8,500 MVA per annum and is progressing well to further augment it to 20,000 MW by 2012 to meet the power demand of the nation.
The unit was dedicated to the nation on Wednesday by Vilasrao Deshmukh, Union Minister for Heavy Industries and Public Enterprises in the presence of Arun Yadav, Union Minister of State for Heavy Industries and Public Enterprises and Pradeep Jain Aditya, Union Minister of State for Rural Development. B.S. Meena, Secretary, Department of Heavy Industry and B.P. Rao, CMD, BHEL, were also present on the occasion, in addition to the Board of Directors and other senior officials of BHEL.
Earlier, in his welcome address, Rao said that the India's target of adding 78,700-MW of generation capacity in the 11th Plan and around 1,00,000-MW in the 12th Plan calls for large scale evacuation of power and efficient transmission over long distances. This new facility has been established with the objective of meeting the emerging business opportunities in transmission and distribution. This will not only increase BHEL's manufacturing capacity but also give an opportunity to position itself as the leading player in the segment, he added.
Copyright(c) 2010 RTTNews.com, Inc. All Rights Reserved For comments and feedback: contact editorial@rttnews.com
ref:
http://www.stockmarketsreview.com/news/11085/
With this new shop, the manufacturing capacity for transformers at its Jhansi unit is enhanced to 15,000 MVA per annum from 8,500 MVA per annum and is progressing well to further augment it to 20,000 MW by 2012 to meet the power demand of the nation.
The unit was dedicated to the nation on Wednesday by Vilasrao Deshmukh, Union Minister for Heavy Industries and Public Enterprises in the presence of Arun Yadav, Union Minister of State for Heavy Industries and Public Enterprises and Pradeep Jain Aditya, Union Minister of State for Rural Development. B.S. Meena, Secretary, Department of Heavy Industry and B.P. Rao, CMD, BHEL, were also present on the occasion, in addition to the Board of Directors and other senior officials of BHEL.
Earlier, in his welcome address, Rao said that the India's target of adding 78,700-MW of generation capacity in the 11th Plan and around 1,00,000-MW in the 12th Plan calls for large scale evacuation of power and efficient transmission over long distances. This new facility has been established with the objective of meeting the emerging business opportunities in transmission and distribution. This will not only increase BHEL's manufacturing capacity but also give an opportunity to position itself as the leading player in the segment, he added.
Copyright(c) 2010 RTTNews.com, Inc. All Rights Reserved For comments and feedback: contact editorial@rttnews.com
ref:
http://www.stockmarketsreview.com/news/11085/
Tuesday, June 1, 2010
Singareni to buy power equipment from BHEL
State-owned mining company Singareni Collieries Company Limited (SCCL), which is setting up a 600 Mw in Jaipur mandal of Adilabad district, would place orders for the power plant equipment from BHEL in July. The company would call for bids for the balance of plant in October.
Speaking to Business Standard, SCCL chairman and managing director S Narsing Rao said it would take 36 to 40 months for the project to complete once the zero date starts in October.
SCCL preferred to place the order with BHEL on a nomination basis. The power plant equipment would cost about Rs 1,300 crore while the balance of the plant about Rs 1,150 crore. The total cost of the project is pegged at Rs 2,700 crore in a 70-30 debt equity ratio.
more at :
http://www.business-standard.com/india/news/singareni-to-buy-power-equipmentbhel/396700/
Speaking to Business Standard, SCCL chairman and managing director S Narsing Rao said it would take 36 to 40 months for the project to complete once the zero date starts in October.
SCCL preferred to place the order with BHEL on a nomination basis. The power plant equipment would cost about Rs 1,300 crore while the balance of the plant about Rs 1,150 crore. The total cost of the project is pegged at Rs 2,700 crore in a 70-30 debt equity ratio.
more at :
http://www.business-standard.com/india/news/singareni-to-buy-power-equipmentbhel/396700/
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