Tuesday, November 30, 2010

BHEL bags order worth Rs 3,700 cr from KPCL

Bharat Heavy Electricals Limited (BHEL) has bagged an order worth Rs 3,700 crore to supply the country’s first super critical 700-Mw coal fired unit of Karnataka Power Corporation Ltd (KPCL) for its thermal power station (TPS) at Bellary.

Bellary thermal power station of 500 Mw has already been equipped by BHEL and another unit of same capacity is under execution, a company release said.

The company, earlier, bagged power equipment orders worth Rs 6,000 crore from KPCL for setting up 2x800 Mw of thermal power plants at Yermarus in Raichur district.

B P Rao, chairman and managing director of BHEL had said Business Standard that these orders were part of the deal which BHEL had signed with KPCL for supply of equipment.

As part of the growth strategy, BHEL is also in the process of setting up thermal power plants jointly with various state governments.

It has already entered into tie ups with states like Karnataka, Maharashtra, Tamil Nadu and Madhya Pradesh for setting up of 3x800 Mw, 1,500 Mw, 2x800 Mw and 2x800 Mw power plants respectively.

In Maharashtra, it is setting up the gas-based power plant. For each of these projects, the equipment will be supplied by BHEL, a top company official said.

more at:
http://www.business-standard.com/india/news/bhel-bags-order-worth-rs-3700-crkpcl/416672/

Monday, November 29, 2010

BHEL looks for minority partner in JV with SAIL

Bharat Heavy Electricals Ltd, the state-run power equipment maker, may offer a minority equity stake to a third technology partner in its proposed joint venture with Steel Authority of India Ltd (SAIL) to manufacture high-grade steel.

“We are in discussions with SAIL for setting up the plant. We estimate this will take five-six months to finalise. We are also looking for a third technology partner,” BHEL chairman and managing director, B P Rao, told Business Standard.

When asked if the third partner would have any stake in the venture or it would be just a tie-up for technology, he said, “We will offer a minority stake… BHEL and SAIL might have equal stake in the venture.” He, however, refused to give any detail.

more at:
http://www.business-standard.com/india/news/bhel-looks-for-minority-partner-in-jvsail/416489/

Sunday, November 28, 2010

Bhel hires Crisil to guide its non-bank entry

Bharat Heavy Electrical Ltd (Bhel), India’s largest power equipment maker, has appointed Crisil as its consultant to help set up a non-banking finance company (NBFC).

“Crisil would take 2-3 months to work on the proposal,” said B P Rao, chairman and managing director, Bhel.

The feasibility report would suggest whether the company should launch a separate subsidiary for the financing business or it can remain a part of the mothership.

Bhel had invited expressions of interest from consultants for the non-banking venture in September.

The power equipment giant has cash reserves of over `10,000 crore and wants to utilise a part of it for lending to the infrastructure and power sectors.

Other sector players such as REC Ltd, Power Finance Corporation and NTPC are also exploring the opportunity to set up NBFCs to tap rising demand for loans.

While Power Finance Corporation is seeking a non-banking partner, Bhel is likely to go solo.

The Bhel board of directors also approved setting up of power equipment manufacturing facility at Latur in Maharashtra.

The facility will be in partnership with the Maharashtra government. Bhel has earmarked a capital expenditure of `300 crore for the unit.

ref:
http://www.dnaindia.com/money/report_bhel-hires-crisil-to-guide-its-non-bank-entry_1473667

Thursday, November 25, 2010

BHEL to set up new plant at Latur

The Board has also consider the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd

Bharat Heavy Electricals Ltd has announced that the Board of Directors of the Company at its meeting held on November 25, 2010 has accorded in-principle approvals to set up of a new BHEL plant as "Power Equipment Fabrication Plant" at Latur, Maharashtra.

The Board has also consider the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd. (a wholly owned subsidiary of BHEL) with BHEL, to Department of Heavy Industry (DHI). The merger shall be subject to obtaining necessary approvals from appropriate authorities.

ref:
http://www.indiainfoline.com/Markets/News/BHEL-to-set-up-new-plant-at-Latur/5002088630

Wednesday, November 17, 2010

No projects for NTPC-BHEL venture

The newly set up NTPC-BHEL joint venture Power Equipment Company at Mannavaram has failed to get any projects from the state. With no outside orders, the much-hyped company is banking on works from NTPC and BHEL.

Even though the state had promised to support the joint venture by giving it projects, the high costs cited by NTPC-BHEL Power Projects Private Limited (NBPPL) led to the government and APGenco developing a cold feet.

The state has rejected NBPPL request for Balance of Plant (BOP) works of both Rayalaseema and Bhupalapalli thermal stations which are under construction.

The NBPPL had suggested three alternatives to APGenco which is executing the two thermal projects in the state. It has quoted approximately `1,850 crore for the 600 mw fourth stage of Rayalaseema thermal power station.

“But the cost NBPPL quoted is too high for APGenco which got bid around `1,255 crore from Tecpro systems consortium. This will save about `600 crore for the state,” said Mr Vijayanand, managing director of APGenco.

Even for the second unit of Bhupalapally thermal station also, NBPPL request was not considered citing the cost escalation.

ref:
http://www.deccanchronicle.com/hyderabad/no-projects-ntpc-bhel-venture-082

Monday, November 15, 2010

BHEL Tiruchirappalli organises customer meet for FBC and HRSG Boilers

The country’s largest Circulating Fluidised Bed Combustion (CFBC) Power Project of 250 MW capacity will be commissioned by BHEL for Neyveli Lignite Corporation in 2011.This was disclosed by A V Krishnan, Executive Director, Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli in the third FBC and HRSG (Heat Recovery Steam Generator) Customer Meet held here.

Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli organised a one-day Customer Meet Fluidised Bed Combustion and Heat Recovery Steam Generator Boilers. The Customer Meet was attended by more than 60 people from various organizations including from PT Adaro, Indonesia.
Krishnan said that BHEL, Tiruchirappalli had so far supplied 80 to 90 Bubbling FBCs and six CFBC boilers which included exports to Indonesia and New Calidonia ( a French island). BHEL is also into expanding the market of HRSGs by large size HRSGs behind Frame 9 FA and 9 FB.

A K Mathur, ED, Tata Projects, delivering the special address, compared the pulverized coal –fired boilers with the CFBC boilers and said that these CFBC boilers with their environmental advantages and more fuel options bettered the conventional ones.

With availability of more gas in Godavari basin, Mathur said that the gas turbine market is heating up throwing more opportunities for growth of HRSG market.

He cautioned that as the environmental needs are growing higher with strict emission requirements, CFBC boilers offered better alternatives. He said that he looked forward to BHEL installing higher capacity Integrated Gasification Combined Cycle (IGCC) plants in the interest of the Nation. He also desired that BHEL attempted at the supercritical CFBCs.

M Karunakara Reddy, General Manager Incharge, Engineering, FBC and HRSG, Tiruchirppalli, welcoming the gathering, outlined the two-fold objectives of the Customer Meet. He said that this Meet would give a comprehensive feedback from the customers and inform them of the latest technological advancements of the products.

Delivering the keynote address at the inauguration function of this one-day Customer Meet, Krishnan attributed the growth of CFBC market to the non guarantee of availability of the same quality of fuels during the life of a plant, robust design and fuel flexibility to accommodate a range of fuels with differing moisture and calorific values.

The meet had two sessions devoted to FBC Boilers and HRSGs. M Vijayawargiya, ED, IOCL, Paradip Refinery was the Chief Guest for the HRSG session. Frank Leuschke, Lentjes, BHEL’s technical partner made a presentation on CFBC boilers. S Sundararajan, Additional General Manager, Engineering, Research and Development, BHEL summed up the events. P Selvakumaran, AGM, Marketing proposed a vote of thanks.

ref:
http://machinist.in/index.php?option=com_content&task=view&id=2860&Itemid=2

Saturday, November 13, 2010

BHEL awarded innovation award

Bharat Heavy Electricals Ltd (BHEL), Ranbaxy Laboratories Ltd, Council of Scientific and Industrial Research (CSIR) and National Institute of Immunology (NII) have been awarded for their innovation in research and development in India.

BHEL bagged the award for hi-tech corporate category while CSIR won the hi-tech academic award. NII and Ranbaxy Laboratories Ltd won pharma academic and pharma corporate awards respectively.

'The results of this (focus on excellence in research to drive innovations) have been striking, with a number of patents, technology transfers, public-private partnerships and consultancies for NII,' said NII director Avadhesha Surolia at the Thomson Reuters Innovation Award ceremony jointly organised by Thomson Reuters and the Confederation of Indian Industry (CII).

All enterprises headquartered in India are considered for the award. The recipients were selected by analysing their innovation patented technology as recorded in Thomson Reuters patent information services.

The criteria included the number and impact of patents, the efficiency and effectiveness of research and the impact of innovation as measured by patent citations.

'In India, we finally recognise that we need to innovate and innovate fast,' said National Knowledge Commission chairman Sam Pitroda, while handing over the awards to the winners.

ref:
http://sify.com/finance/indian-industries-awarded-innovation-awards-news-default-klnpEkdbgea.html

BHEL blames UPRVUNL for delay in power projects

Bharat Heavy Electrical Limited (BHEL) has blamed the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited for delay in commissioning and renovation of power projects in the state.

In Harduaganj BHEL's work is limited to the supply, recetion and commissioning of only the main plant consisting of the boiler, steam turbine and generator. Other works, including chimney and water system, were to be taken care by the UPRVUNL, Company's General Manager Aswini Dhar said in a statement.

"The UPRVUNL is yet to hand over the facilities. The availability of chimney has now be postponed to December 10 from November 7. This has delayed the subsequent commissioning activities of the unit," Dhar said.

Earlier on November 10, expressing displeasure over delay in renovation of power generation units by BHEL the Uttar Pradesh government had warned its officers.

"During a high-level meeting to review the progress of power projects, Chief Secretary Atul Kumar Gupta while expressing his displeasure over delay, warned that the government will take stern action if renovation work was not completed as per schedule," an official spokesman had said here.


more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/BHEL-blames-UPRVUNL-for-delay-in-power-projects/articleshow/6919924.cms

Friday, November 12, 2010

India a dumping ground for Chinese goods: BHEL

Bharat Heavy Electrical Ltd alleged Chinese companies were looking at India as a dumping ground rather than seeing it as a competitive market.

Raising concerns over the challenges faced by the firm, A V Krishnan, executive director of the Tiruchirappalli complex, said, "Our margins have suffered heavily because of the entrance of Chinese firms. We like healthy competition but those firms are just dumping their products in the Indian market."

ref:
http://sify.com/finance/india-a-dumping-ground-for-chinese-goods-bhel-news-equity-klnckiadjha.html

BHEL for Chinese cos setting up production base in India

Demanding level-playing-field, state-run BHEL, which is facing uneven competition from cheap equipment supplies from China, today said that Chinese firms should set manufacturing bases in India.

"Since duty on capital goods equipment for power sector is zero, Chinese equipment supplies are posing a price threat and affecting margins," BHEL's Executive Director A V Krishnan Trichy unit told reporters here.

He added that on the top of that Chinese government is also subsidising their exports.

Krishnan said on the other hand, Indian suppliers are paying sales tax and excise duties. He said that taking everything into account, Chinese equipment are becoming 15 per cent to 20 per cent cheaper as compared to Indian supplies.

This, he said, can be addressed correctly only if Chinese companies started manufacturing in the country.

Saying that BHEL is poised to meet India's energy demand in the 12th Five Year Plan, Krishnan stated that BHEL is increasing capacity from 15,000 MW per annum to 20,000 MW by March 2012.

He said that this would match Planning Commission's target of increasing one lakh MW during the next plan period.

Krishnan said that 5000 MW capacity addition would involve an investment of Rs800 crore.

Krishnan said that BHEL's order book as of date stood at Rs1,52,000 crore.

He said that the company's Trichy plant, which was the boiler manufacturing unit, is now producing specialised boilers which would suit all types of coal.

The BHEL official said that the company has also designed boilers which would use lignite as fuel.

Krishnan said that the company is having six production bases across the country which included Haridwar, Bhopal, Hyderabad, Ranipet near Chennai and Mangalore.

Referring to Chinese power plants, he said that plant load factor (PLF) of BHEL plants are much higher.

ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-for-Chinese-cos-setting-up-production-base-in-India/articleshow/6913897.cms

Thursday, November 11, 2010

UP govt warns BHEL against delays in power units'' renovation

Lucknow, Nov 11 (PTI) Upset over delay in renovation of power generation units by Bharat Heavy Electrical Limited (BHEL) the Uttar Pradesh government has warned its officers of ''stern action'' if they failed to complete the work as per schedule.
"During a high-level meeting to review progress of power projects, Chief Secretary Atul Kumar Gupta while expressing his displeasure over delay warned that the government will take stern action if renovation work was not completed as per schedule," said an official spokesperson here.
The meeting was attended by the top officials of NTPC, BHEL, UP Power Corporation Limited and Utpadan Nigam.
Gupta attracted attention of BHEL chairman B P Rao towards inordinate delay in setting up of Harduaganj extension, Parichcha extension and Anapara D projects and renovation of 1000 MW units at at Obra B.
He said that it was unfortunate BHEL failed to complete works given to it in a bid to increase power generation in the state.
BHEL chairman Rao while admitting that the projects were delayed assured that work would be done on war footing to complete the projects as per the schedule.
He said that renovation of five units of 200 MW each at Obra was delayed as BHEL''s contract with a Russian company failed. Rao assured that projects will start operations from February 2011 and would be completed by December next year.
Energy Secretary Navneet Sehgal said that if BHEL failed to complete the projects as per the schedule the state would contemplate on alternatives.

ref:
http://news.in.msn.com/business/article.aspx?cp-documentid=4565354

Wednesday, November 10, 2010

Partial relief to BHEL in 13 crore excise dispute

The Madhya Pradesh High Court today disposed off a writ petition filed by Bharat Heavy Electrical Limited (BHEL) while granting it a limited relief against the order of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) directing BHEL to make a pre-deposit of entire demand of Rs. 13.49 crores by the excise department. Instead the court has directed to deposit only 25% of the amount in demand as a pre-deposit. The court has also directed CESTAT to dispose off the appeal within a period of ninety days of compliance with deposit direction by the court. The order was passed by the division bench comprising Justices KK Lahoti and Sushma Shrivastava.

more at:
http://www.lawetalnews.com/NewsDetail.asp?newsid=2693

Monday, November 1, 2010

Quality month function begins at BHEL

The BHEL Executive Director, Bhopal M.K.Dube today inaugurated the Quality month function 2010. Quality month is celebrated every year in the month of November. Dube in his address emphasized on the need of imparting quality training to the inspection personnel .The product quality not only satisfies the customers' expectations but at the same time delights the customers also, added Dube.
GM (P&D, IT & Quality) Dheeman Sen delivered the welcome address. The theme for quality month 'Quality Insight Ensures Customers Delight' following a presentation on the topic 'Cost of quality' was made by Sen.
AGM (Quality) Mohan Singh highlighted the various action plans to be conducted during November 2010. He also made presentation on quality status of various products based on lost hours. The programme was attended by GM's, DRO's, quality heads and other invitees.
S.K. Sharma; AGM (QFX) proposed the vote of thanks.

ref:
http://www.centralchronicle.com/viewnews.asp?articleID=50940