BHEL has bagged a Rs 5,450-crore order from Bajaj Hindustan Delhi for the supply, erection and commissioning of a 3x660-MW capacity thermal power plant at Lalitpur in Uttar Pradesh.
BHEL sources told PTI that the order comprises supercritical boiler (once-through variety) bagged with and a generator package.
They added that for the each of the six 660-MW thermal power plant units, the design, engineering and manufacturing of boilers would be undertaken by BHEL’s Tiruchi unit, supply of boiler auxillaries by Ranipet unit, electronics and instrumentation by Bangalore unit and erection and commissioning by BHEL North Sector.
ref:
http://www.thehindubusinessline.com/companies/article1887337.ece
Friday, April 29, 2011
Thursday, April 28, 2011
MD of firm that sold sub-standard silicon BHEL arrested
The CBI has arrested the Managing Director of a Haridwar-based firm for supplying sub-standard silicon to Bharat Heavy Electricals Limited (BHEL) for Rs 1.16 crore, CBI sources said today. Shravan Kumar Gupta, the MD of Haridwar-based Asian Ferro Alloys Limited, was arrested yesterday. According to sources, Gupta's company was awarded the contract for providing silicon to BHEL in 2009. The company supplied silicon to BHEL and was paid Rs 1.16 cr. Later, it was found out that the company provided sub-standard silicon to BHEL, following which a complaint was lodged and the CBI launched an investigation.
ref:
http://ibnlive.in.com/generalnewsfeed/news/md-of-firm-that-sold-substandard-silicon-bhel-arrested/664834.html
ref:
http://ibnlive.in.com/generalnewsfeed/news/md-of-firm-that-sold-substandard-silicon-bhel-arrested/664834.html
Monday, April 25, 2011
BHEL to add capacity for glass insulators
The Ceramic Business Unit of Bharat Heavy Electricals Ltd, which has manufacturing plants in both Bangalore and Jagadeeshpur in Uttar Pradesh is also setting up a plant to manufacture glass insulators for transmission lines.
Mr D Ashok executive director CBU said that “Presently we have a capacity to produce 100,000 units per annum at Jagadeeshpur. We will increase the capacity to 1.8 million units per annum at an investment of INR 100 crore by setting up a plant.”
Power Grid Corporation of India Ltd is the largest customer of BHEL for glass insulators. BHEL supplies 70% of the production to PGCIL. Its other customers include ABB, Areva and state power utilities.
ref:
http://www.steelguru.com/indian_news/BHEL_to_add_capacity_for_glass_insulators/201931.html
Mr D Ashok executive director CBU said that “Presently we have a capacity to produce 100,000 units per annum at Jagadeeshpur. We will increase the capacity to 1.8 million units per annum at an investment of INR 100 crore by setting up a plant.”
Power Grid Corporation of India Ltd is the largest customer of BHEL for glass insulators. BHEL supplies 70% of the production to PGCIL. Its other customers include ABB, Areva and state power utilities.
ref:
http://www.steelguru.com/indian_news/BHEL_to_add_capacity_for_glass_insulators/201931.html
BHEL suppliers to set up own power plant
BHEL Small Industries' Association (BHELSIA), the consortium of local material suppliers to Bharat Heavy Electricals Ltd (BHEL), Tiruchi complex, is planning to set up a captive power plant with 12-16 MW capacity, in an effort to overcome the power shortage which has badly affected their business. The association has applied to register a new company to run the BHELSIA Power Project, with the Registrar of Companies.
It is in talks with two Korean firms and a Chinese firm to import their plants to Chennai and is planning to invest around Rs 20 crore in the project, said Rajappa Rajkumar, president, BHELSIA.
The association, which has around 280 members, would carry out civil works to set up the imported second-hand plants in Tiruchi, once it is approved by the government. It is looking at capacity of 12MW to 16 MW through the project.
"We are forming a new company to manage the captive power plant, which would come up in next six to eight months provided we get all the approvals from the Tamil Nadu government in time," said Rajkumar.
more at:
http://www.business-standard.com/india/news/bhel-suppliers-to-setown-power-plant/433473/
It is in talks with two Korean firms and a Chinese firm to import their plants to Chennai and is planning to invest around Rs 20 crore in the project, said Rajappa Rajkumar, president, BHELSIA.
The association, which has around 280 members, would carry out civil works to set up the imported second-hand plants in Tiruchi, once it is approved by the government. It is looking at capacity of 12MW to 16 MW through the project.
"We are forming a new company to manage the captive power plant, which would come up in next six to eight months provided we get all the approvals from the Tamil Nadu government in time," said Rajkumar.
more at:
http://www.business-standard.com/india/news/bhel-suppliers-to-setown-power-plant/433473/
Saturday, April 23, 2011
BHEL Bangalore units to up capacity to 20000 MW
The Bangalore divisions of the Bharat Heavy Electricals Ltd have drawn up plans to augment the annual manufacturing capacity to 20,000 MW during the present fiscal 2011-2012 an increase of 33.3% over the previous year.
Mr G Ganapathiraman executive director of BHEL said that “As part of the company’s Strategic Plan 2017 the Bangalore based divisions of the BHEL have embarked on strategic measures to grow further in their existing business areas. They are also diversifying in emerging growth areas like transmission, transportation, solar photovoltaic, steel business, disc insulators for UHVAC transmission lines, porcelains and composite long rod insulators among others.”
The cost of this capacity addition is estimated to be INR 54 crore. Last year the divisions in Bangalore completed the capacity augmentation to 15,000 MW. Over the last three years the BHEL has spent INR 147 crore for capacity expansion.
Mr Ganapathiraman said during 2010-2011 the Bangalore divisions of BHEL have recorded the highest ever turnover of INR 3,081 crore, showing a growth of 28% over the previous year. The profit before tax has shown a growth of 35% to touch INR 900 crore during the year. In Bangalore BHEL have three divisions the electronics division, industrial systems group and ceramic business unit.
Export turnover stood at INR 1,099 crore. The outstanding orders have grown 15% to touch INR 8,067 crore. During the year the divisions received orders worth INR 3,815 crore. Major orders received include orders for three sets of 800 MW for the Raichur Power Corporation Ltd and one set of 700 MW for Bellary Thermal Power Station stage 3 from Karnataka Power Corporation Ltd.
He added that BHEL is fully geared to meet the requirements of the upcoming 800 Mw, 700 MW and 660 MW super critical power projects in the areas of design, engineering, manufacturing, supply and commissioning of control and instrumentation systems.
ref:
http://www.steelguru.com/indian_news/BHEL_Bangalore_units_to_up_capacity_to_20000_MW/201825.html
Mr G Ganapathiraman executive director of BHEL said that “As part of the company’s Strategic Plan 2017 the Bangalore based divisions of the BHEL have embarked on strategic measures to grow further in their existing business areas. They are also diversifying in emerging growth areas like transmission, transportation, solar photovoltaic, steel business, disc insulators for UHVAC transmission lines, porcelains and composite long rod insulators among others.”
The cost of this capacity addition is estimated to be INR 54 crore. Last year the divisions in Bangalore completed the capacity augmentation to 15,000 MW. Over the last three years the BHEL has spent INR 147 crore for capacity expansion.
Mr Ganapathiraman said during 2010-2011 the Bangalore divisions of BHEL have recorded the highest ever turnover of INR 3,081 crore, showing a growth of 28% over the previous year. The profit before tax has shown a growth of 35% to touch INR 900 crore during the year. In Bangalore BHEL have three divisions the electronics division, industrial systems group and ceramic business unit.
Export turnover stood at INR 1,099 crore. The outstanding orders have grown 15% to touch INR 8,067 crore. During the year the divisions received orders worth INR 3,815 crore. Major orders received include orders for three sets of 800 MW for the Raichur Power Corporation Ltd and one set of 700 MW for Bellary Thermal Power Station stage 3 from Karnataka Power Corporation Ltd.
He added that BHEL is fully geared to meet the requirements of the upcoming 800 Mw, 700 MW and 660 MW super critical power projects in the areas of design, engineering, manufacturing, supply and commissioning of control and instrumentation systems.
ref:
http://www.steelguru.com/indian_news/BHEL_Bangalore_units_to_up_capacity_to_20000_MW/201825.html
Friday, April 22, 2011
First-of-a-kind turbine order for BHEL
Bharat Heavy Electricals Ltd (BHEL) has won an order to supply India's highest rated indigenously developed nuclear turbine generator sets for the forthcoming two reactors at the Kakrapar nuclear power plant.
Two contracts awarded by Nuclear Power Corporation of India Ltd (NPCIL) to a consortium of BHEL and Alstom cover the supply and installation of turbogenerator packages for Kakrapar 3 and 4, India's first indigenously designed 700 MWe pressurised heavy water reactors.
The contracts are worth over INR 16,000 million ($360 million), with BHEL's share representing around INR 8000 million ($198 million). The first contract covers the supply of the actual turbine generator packages, while the second covers associated services. BHEL and Alstom will jointly manufacture and supply the steam turbines, while BHEL will manufacture and supply the generator, moisture separator reheater and condenser, as well as undertaking the complete erection and commissioning of the turbine generator package.
In addition, NPCIL has awarded BHEL a third contract worth INR 400 million ($9 million) to supply and install control and instrumentation kit for the secondary cycle system of the turbine island at the project.
more at:
http://www.yournuclearnews.com/first-of-a-kind+turbine+order+for+bhel_62286.html
Two contracts awarded by Nuclear Power Corporation of India Ltd (NPCIL) to a consortium of BHEL and Alstom cover the supply and installation of turbogenerator packages for Kakrapar 3 and 4, India's first indigenously designed 700 MWe pressurised heavy water reactors.
The contracts are worth over INR 16,000 million ($360 million), with BHEL's share representing around INR 8000 million ($198 million). The first contract covers the supply of the actual turbine generator packages, while the second covers associated services. BHEL and Alstom will jointly manufacture and supply the steam turbines, while BHEL will manufacture and supply the generator, moisture separator reheater and condenser, as well as undertaking the complete erection and commissioning of the turbine generator package.
In addition, NPCIL has awarded BHEL a third contract worth INR 400 million ($9 million) to supply and install control and instrumentation kit for the secondary cycle system of the turbine island at the project.
more at:
http://www.yournuclearnews.com/first-of-a-kind+turbine+order+for+bhel_62286.html
Wednesday, April 20, 2011
BHEL's Electrical Machines Shop at Heavy Electrical Plant in Bhopal inaugurated
Bharat Heavy Electricals Limited's (BHEL) new Electrical Machines Shop at its Heavy Electrical Plant at Bhopal in Madhya Pradesh was dedicated to the nation by Praful Patel, Union Minister for Heavy Industries & Public Enterprises. The new facility has been set up in view of the immense market potential for electric motors.
"In the coming years, I want to see BHEL which is larger in magnitude, innovative, renowned in all business sectors, known for its engineering excellence and well established as a world class engineering enterprise," said Patel.
Congratulating the entire workforce of BHEL for its performance in fiscal 2010-11, the Minister said that the time is not too far when BHEL will be feted with the Maharatna status due to commitment and dedication of its employees.
Regarding international competition he said that there is no need to be scared as long as the product quality is good and all delivery commitments are met.
BHEL is equipping itself for the future, by way of technology, facilities and trained manpower to meet the country’s power forecast for the 11th Plan and beyond. For this, it has already enhanced its manufacturing capacity to 15,000 MW per annum and is further augmenting it to 20,000 MW per annum by March, 2012.
B.P. Rao, CMD, BHEL, Directors on the Board of BHEL and other senior officials of the company were also present on the occasion.
ref:
http://machinist.in/index.php?option=com_content&task=view&id=3243&Itemid=2
"In the coming years, I want to see BHEL which is larger in magnitude, innovative, renowned in all business sectors, known for its engineering excellence and well established as a world class engineering enterprise," said Patel.
Congratulating the entire workforce of BHEL for its performance in fiscal 2010-11, the Minister said that the time is not too far when BHEL will be feted with the Maharatna status due to commitment and dedication of its employees.
Regarding international competition he said that there is no need to be scared as long as the product quality is good and all delivery commitments are met.
BHEL is equipping itself for the future, by way of technology, facilities and trained manpower to meet the country’s power forecast for the 11th Plan and beyond. For this, it has already enhanced its manufacturing capacity to 15,000 MW per annum and is further augmenting it to 20,000 MW per annum by March, 2012.
B.P. Rao, CMD, BHEL, Directors on the Board of BHEL and other senior officials of the company were also present on the occasion.
ref:
http://machinist.in/index.php?option=com_content&task=view&id=3243&Itemid=2
Tuesday, April 19, 2011
BHEL-Alstom consortium wins Rs1,600-crore N-power order
A consortium of state-run power equipment maker Bharat Heavy Electricals (BHEL) and France's Alstom has won a Rs1,600-crore ($360 million) order for supply of steam turbine generators for the Kakrapur nuclear power station in Gujarat.
BHEL, which has a Rs880-crore share in the contract, has secured an additional Rs40-crore order for supply of instrumentation for the 2x700 MWe nuclear power project being set up by the Nuclear Power Corporation of India Ltd, the company said in a statement.
"BHEL has achieved a major breakthrough in nuclear segment with the first ever order for steam turbine generators for new rating 700 MWe nuclear sets pressurised heavy water reactors," the company said in a statement.
The BHEL-Alstom consortium will supply the turbine generator packages for the two new 700 MW units of the nuclear power station.
"The project will contribute to India's plans to increase its nuclear capacity to 20 GW by 2020. With an existing installed capacity of 4,780 MW, nuclear power is currently the fourth largest source of electricity in India after thermal, hydro and renewable energy," the company said.
India currently operates 20 nuclear power plants and nearly 70 per cent of NPCIL's installed capacity of 4,780 MW in the country comes from equipment manufactured and commissioned by BHEL.
ref:
http://www.domain-b.com/companies/companies_b/Bharat_Heavy_Electricals/20110419_n_power_order.html
BHEL, which has a Rs880-crore share in the contract, has secured an additional Rs40-crore order for supply of instrumentation for the 2x700 MWe nuclear power project being set up by the Nuclear Power Corporation of India Ltd, the company said in a statement.
"BHEL has achieved a major breakthrough in nuclear segment with the first ever order for steam turbine generators for new rating 700 MWe nuclear sets pressurised heavy water reactors," the company said in a statement.
The BHEL-Alstom consortium will supply the turbine generator packages for the two new 700 MW units of the nuclear power station.
"The project will contribute to India's plans to increase its nuclear capacity to 20 GW by 2020. With an existing installed capacity of 4,780 MW, nuclear power is currently the fourth largest source of electricity in India after thermal, hydro and renewable energy," the company said.
India currently operates 20 nuclear power plants and nearly 70 per cent of NPCIL's installed capacity of 4,780 MW in the country comes from equipment manufactured and commissioned by BHEL.
ref:
http://www.domain-b.com/companies/companies_b/Bharat_Heavy_Electricals/20110419_n_power_order.html
Monday, April 18, 2011
BHEL gets Scope meritorious award for research and development
Ms Pratibha Devisingh Patil president of India presented the ‘SCOPE Meritorious Award for R&D, Technology Development and Innovation’ to Mr BP Rao CMD of Bharat Heavy Electricals Limited.
The prestigious recognition has been conferred on BHEL for the year 2009-10. The commendation was bestowed on the company at the Public Sector Day celebration function, jointly organized by the Department of Public Enterprises and SCOPE.
Significantly, the recognition comes close on the heels of the ‘SCOPE Award for Excellence and Outstanding Contribution to Public Sector Management’ presented to BHEL by the Hon’ble Prime Minister of India, recently.
R&D and technology development are of strategic importance to the company as it operates in a competitive environment where technology is a major factor. As a result of constant thrust on developing new technologies and products, BHEL has recorded a 31% growth in its intellectual capital in FY 2010-11. During the year, 303 patents and copyrights were filed by the company, translating into filing of over one patent / copyright every working day. Similarly, during FY 2009-10, the company had filed 264 patents / copyrights.
With this, the company’s intellectual capital has gone upto 1,438 patents and copyrights filed, which are in productive use in the company’s business. Notably, BHEL has been ranked as the number one company in terms of filing patents in India by Economic Times Intelligence Group.
During fiscal 2010-11, BHEL invested an all-time high INR 10050 million on R&D efforts - 21% higher than the previous year. The company’s investment in R&D in FY 2009-10 was INR 8290 million. With an R&D spend at over 2.3% of its turnover; BHEL is the highest spender on R&D in India for its kind of industry. Commercialization of products and systems developed by way of in-house R&D contributed around 18% to the company’s total turnover of INR 434510 Million in 2010-11.
ref:
http://www.steelguru.com/indian_news/BHEL_gets_Scope_meritorious_award_for_research_and_development/200855.html
The prestigious recognition has been conferred on BHEL for the year 2009-10. The commendation was bestowed on the company at the Public Sector Day celebration function, jointly organized by the Department of Public Enterprises and SCOPE.
Significantly, the recognition comes close on the heels of the ‘SCOPE Award for Excellence and Outstanding Contribution to Public Sector Management’ presented to BHEL by the Hon’ble Prime Minister of India, recently.
R&D and technology development are of strategic importance to the company as it operates in a competitive environment where technology is a major factor. As a result of constant thrust on developing new technologies and products, BHEL has recorded a 31% growth in its intellectual capital in FY 2010-11. During the year, 303 patents and copyrights were filed by the company, translating into filing of over one patent / copyright every working day. Similarly, during FY 2009-10, the company had filed 264 patents / copyrights.
With this, the company’s intellectual capital has gone upto 1,438 patents and copyrights filed, which are in productive use in the company’s business. Notably, BHEL has been ranked as the number one company in terms of filing patents in India by Economic Times Intelligence Group.
During fiscal 2010-11, BHEL invested an all-time high INR 10050 million on R&D efforts - 21% higher than the previous year. The company’s investment in R&D in FY 2009-10 was INR 8290 million. With an R&D spend at over 2.3% of its turnover; BHEL is the highest spender on R&D in India for its kind of industry. Commercialization of products and systems developed by way of in-house R&D contributed around 18% to the company’s total turnover of INR 434510 Million in 2010-11.
ref:
http://www.steelguru.com/indian_news/BHEL_gets_Scope_meritorious_award_for_research_and_development/200855.html
BHEL-NTPC JV becomes headless as CMD C P Singh quits
In less than three years of its incorporation, C P Singh, Chairman and Managing Director of NTPC-BHEL joint venture, has quit amid differences with the promoters, leaving the company headless.
The joint venture -- NBPPL (NTPC BHEL Power Projects Private Limited) -- was formed in April, 2008 to jointly execute EPC (engineering, procurement and construction) contracts and manufacture and supply power equipment in India and abroad.
Considering the large capacity addition plan in the country during the 11th and 12th Five Year Plans, a need was felt to expand the domestic power equipment manufacturing capability in India and this joint venture firm was formed to cater this demand.
Sources in both camps blamed each other with the promoters (BHEL and NTPC) accusing the firm of non-performing, while CMD Singh alleging lack of support from the two PSUs.
When contacted, Singh confirmed the development and said "Yes, I have tendered my resignation unwillingly".
He, however, declined to elaborate.
Sources said that Ministry of Heavy Industries and PSUs was also not happy with the performance of NBPPL. This, however, could not be confirmed.
NBPPL, however, claimed that it achieved outstanding performance against the MoU target with the government and said this was a great success story for a JV company conceived under a new concept on public-private partnership by the government.
According to data available, NBPPL achieved a record turnover of Rs 115 crore during 2010-11 as against the target of Rs 90 crore, thus exceeding the target by 28%.
ref:
http://www.business-standard.com/india/news/bhel-ntpc-jv-becomes-headless-as-cmd-c-p-singh-quits/132487/on
The joint venture -- NBPPL (NTPC BHEL Power Projects Private Limited) -- was formed in April, 2008 to jointly execute EPC (engineering, procurement and construction) contracts and manufacture and supply power equipment in India and abroad.
Considering the large capacity addition plan in the country during the 11th and 12th Five Year Plans, a need was felt to expand the domestic power equipment manufacturing capability in India and this joint venture firm was formed to cater this demand.
Sources in both camps blamed each other with the promoters (BHEL and NTPC) accusing the firm of non-performing, while CMD Singh alleging lack of support from the two PSUs.
When contacted, Singh confirmed the development and said "Yes, I have tendered my resignation unwillingly".
He, however, declined to elaborate.
Sources said that Ministry of Heavy Industries and PSUs was also not happy with the performance of NBPPL. This, however, could not be confirmed.
NBPPL, however, claimed that it achieved outstanding performance against the MoU target with the government and said this was a great success story for a JV company conceived under a new concept on public-private partnership by the government.
According to data available, NBPPL achieved a record turnover of Rs 115 crore during 2010-11 as against the target of Rs 90 crore, thus exceeding the target by 28%.
ref:
http://www.business-standard.com/india/news/bhel-ntpc-jv-becomes-headless-as-cmd-c-p-singh-quits/132487/on
Sunday, April 17, 2011
What makes BHEL a good buy at the current levels?
Bharat Heavy Electricals Limited (BHEL) has underperformed the Sensex over the past 1 year despite a robust growth in sales and operating margins. The decline in stock price seems to be driven by the negative sentiment prevailing in the sector amid a slowdown in investment growth. The company, which recently announced its flash results for financial year 2010-11, looks set for a strong growth track.
Beating its own guidance of order inflow of Rs 60,000 crore for the year, Bhel secured orders worth Rs 60,507 crore. Its total outstanding orders at the year end were Rs 1,64,130 crore, which is nearly four times its provisional FY11 turnover, giving it a reasonable revenue visibility over the next few years.
The company also entered into various strategic tie-ups during the year, including a manufacturing co-operation agreement with GE India Industrial Private , a pact with Abengoa, Spain, to develop state-of-the-art Concentrated Solar Power Projects in India and a collaboration agreement with Nuovo Pignone for manufacturing of centrifugal compressors. It has also formed a joint venture with the government of Kerala to manufacture alternators and other products like LT motors and traction equipment for Indian Railways.
ref:
http://economictimes.indiatimes.com/features/investors-guide/what-makes-bhel-a-good-buy-at-the-current-levels/articleshow/8000261.cms
Beating its own guidance of order inflow of Rs 60,000 crore for the year, Bhel secured orders worth Rs 60,507 crore. Its total outstanding orders at the year end were Rs 1,64,130 crore, which is nearly four times its provisional FY11 turnover, giving it a reasonable revenue visibility over the next few years.
The company also entered into various strategic tie-ups during the year, including a manufacturing co-operation agreement with GE India Industrial Private , a pact with Abengoa, Spain, to develop state-of-the-art Concentrated Solar Power Projects in India and a collaboration agreement with Nuovo Pignone for manufacturing of centrifugal compressors. It has also formed a joint venture with the government of Kerala to manufacture alternators and other products like LT motors and traction equipment for Indian Railways.
ref:
http://economictimes.indiatimes.com/features/investors-guide/what-makes-bhel-a-good-buy-at-the-current-levels/articleshow/8000261.cms
Friday, April 15, 2011
NTPC floats Rs 5,200 cr tender
State-run NTPC on Friday floated a Rs 5,200 crore tender to source equipment for its beleaguered Kawas and Gandhar expansion projects in Gujarat for which the company is fighting a legal battle with Reliance Industries .
"We have issued the tender for 1300 MW Kawas and Gandhar each expansion projects in Gujarat," a company official said.
The value of the tender would be around Rs 5,200 crore. BHEL, and Larsen and Toubro are likely to bid for the tender.
NTPC is in a legal tussle with Mukesh Ambani-led RIL for supply of gas for these projects. The case is pending in the Bombay High Court.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/ntpc-floats-rs-5200-cr-tender/articleshow/7988267.cms
"We have issued the tender for 1300 MW Kawas and Gandhar each expansion projects in Gujarat," a company official said.
The value of the tender would be around Rs 5,200 crore. BHEL, and Larsen and Toubro are likely to bid for the tender.
NTPC is in a legal tussle with Mukesh Ambani-led RIL for supply of gas for these projects. The case is pending in the Bombay High Court.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/ntpc-floats-rs-5200-cr-tender/articleshow/7988267.cms
Tuesday, April 12, 2011
BHEL develops sun tracker for solar modules
The corporate R&D unit of public sector Bharat Heavy Eletricals Limited (BHEL) in Hyderabad has developed a maintenance-free solar thermal sun tracker for solar photovoltaic (PV) modules that requires no external electro mechanical fittings.
The system for 20 watt PV modules automatically tracks the sun from east to west in a single axis from morning to evening. It again automatically turns to east in the morning of next day, within 15-30 minutes from the time of sunrise, according to HS Jain, executive director, BHEL Corporate R&D.
The innovation has given 36 per cent more power output than fixed-tilt modules. This sun tracker works based on the heat generated due to the solar heating and the transfer of liquid between the containers placed at the extreme ends of the panels. Jain said the solar thermal tracker, though demonstrated successfully, is yet to reach the commercialisation stage.
The Corporate R&D, which is part of BHEL’s in-house R&D network across its units, had filed 68 intellectual property applications comprising 37 patent and 31 copyright applications during the year 2010-11. Among these are design and development of high efficiency solar cells, nano particle coated grinding rolls with improved wear characteristics used in pulverisation of coal in thermal power plants, and maintenance management system for hydro power equipment.
The unit is planning to set up two more centres of excellence this year — an advanced centre for transmission systems and an advanced centre for energy materials entailing an investment of Rs 20 crore. It spent over Rs 198 crore on various research and development programmes last year.
ref:
http://www.business-standard.com/india/news/bhel-develops-sun-tracker-for-solar-modules/431998/
The system for 20 watt PV modules automatically tracks the sun from east to west in a single axis from morning to evening. It again automatically turns to east in the morning of next day, within 15-30 minutes from the time of sunrise, according to HS Jain, executive director, BHEL Corporate R&D.
The innovation has given 36 per cent more power output than fixed-tilt modules. This sun tracker works based on the heat generated due to the solar heating and the transfer of liquid between the containers placed at the extreme ends of the panels. Jain said the solar thermal tracker, though demonstrated successfully, is yet to reach the commercialisation stage.
The Corporate R&D, which is part of BHEL’s in-house R&D network across its units, had filed 68 intellectual property applications comprising 37 patent and 31 copyright applications during the year 2010-11. Among these are design and development of high efficiency solar cells, nano particle coated grinding rolls with improved wear characteristics used in pulverisation of coal in thermal power plants, and maintenance management system for hydro power equipment.
The unit is planning to set up two more centres of excellence this year — an advanced centre for transmission systems and an advanced centre for energy materials entailing an investment of Rs 20 crore. It spent over Rs 198 crore on various research and development programmes last year.
ref:
http://www.business-standard.com/india/news/bhel-develops-sun-tracker-for-solar-modules/431998/
Power-packed Bhel performance in east
The eastern wing of Bharat Heavy Electricals Ltd’s (Bhel) power sector division has reported a 27 per cent rise in turnover at Rs 2,190 crore in 2010-11 against Rs 1,721.50 crore in the previous fiscal.
At present, Power Sector Eastern Region (PSER) has orders worth 4,641 mega watt (MW). They include projects at Sagardighi (2x500MW) of West Bengal Power Development Corporation Ltd, Barauni (2x250MW) of the Bihar State Electricity Board, Haldia (3x150MW) of IPCL, a 250MW project of Durgapur Projects Ltd and Hinduja National Power Corporation’s Vizag project (2x520MW) .
“Bhel PSER has also participated in bids for projects worth 4,190MW in the east and we expect to bag some of them,” an official said.
Last fiscal’s buoyant order flow has helped Bhel PSER record a 25 per cent growth in profit before tax at Rs 114 crore against Rs 91.72 crore in 2009-10. The region has registered the highest cash collection of Rs 1,988 crore, a growth of 27 per cent over 2009-10.
Bhel has added 2,036MW to the national grid by synchronising major projects in the region. They include 2X500MW at Mejia Thermal Power Station (phase II), a 250MW unit at Santaldih Thermal Power Station, a 525MW one at Maithon Right Bank Thermal Power project and one unit of 120MW of Tata Power’s Jojobera project in Jharkhand
ref:
http://www.telegraphindia.com/1110413/jsp/business/story_13847995.jsp
At present, Power Sector Eastern Region (PSER) has orders worth 4,641 mega watt (MW). They include projects at Sagardighi (2x500MW) of West Bengal Power Development Corporation Ltd, Barauni (2x250MW) of the Bihar State Electricity Board, Haldia (3x150MW) of IPCL, a 250MW project of Durgapur Projects Ltd and Hinduja National Power Corporation’s Vizag project (2x520MW) .
“Bhel PSER has also participated in bids for projects worth 4,190MW in the east and we expect to bag some of them,” an official said.
Last fiscal’s buoyant order flow has helped Bhel PSER record a 25 per cent growth in profit before tax at Rs 114 crore against Rs 91.72 crore in 2009-10. The region has registered the highest cash collection of Rs 1,988 crore, a growth of 27 per cent over 2009-10.
Bhel has added 2,036MW to the national grid by synchronising major projects in the region. They include 2X500MW at Mejia Thermal Power Station (phase II), a 250MW unit at Santaldih Thermal Power Station, a 525MW one at Maithon Right Bank Thermal Power project and one unit of 120MW of Tata Power’s Jojobera project in Jharkhand
ref:
http://www.telegraphindia.com/1110413/jsp/business/story_13847995.jsp
Alstom may tie up with BHEL for mfg locomotives
French power equipment maker Alstom may tie-up with state-owned BHEL for manufacturing locomotives for Indian railways.
“For refurbishment or new loco projects we intend to go with a local partner,” Alstom Chairman and CEO Mr Patrick Kron told reporters here.
On being asked whether the company is looking to tie-up with BHEL for the same, Mr Kron said, “It (BHEL) is the only one in the business then why ask, but I am not naming any company.”
The company has already signed an agreement with BHEL and Nuclear Power Corporation of India (NPCIL) for setting up nuclear power projects in India.
If the locomotive joint venture (JV) goes through it would be the French company’s second JV with BHEL.
French firm would also set up a wind power equipment manufacturing facility in India.
However, Mr Kron did not divulge the companies it is in talks with for the wind power manufacturing unit and neither the location of the proposed facility.
“We are looking at considering a possibility to build wind power equipment manufacturing unit here,” Mr Kron said adding, “We are already manufacturing 1.6-3 MW onshore wind turbine and we have a manufacturing facility in the US.”
The company may join hands with a partner for setting up this manufacturing facility.
Alstom is building a manufacturing unit in Chennai to supply coaches for the Chennai Metro, which would be commissioned in the next two years.
“Chennai manufacturing facility would be completed by early 2013,” he added.
Alstom completed its 100 year in India this year and is hopeful of another glorious 100 years here in India, Mr Kron said.
“We have competition, we have opportunities, in the next 100 years we are going to generate more opportunities than the previous 100 years,” he said.
ref:
http://www.thehindubusinessline.com/companies/article1691528.ece
“For refurbishment or new loco projects we intend to go with a local partner,” Alstom Chairman and CEO Mr Patrick Kron told reporters here.
On being asked whether the company is looking to tie-up with BHEL for the same, Mr Kron said, “It (BHEL) is the only one in the business then why ask, but I am not naming any company.”
The company has already signed an agreement with BHEL and Nuclear Power Corporation of India (NPCIL) for setting up nuclear power projects in India.
If the locomotive joint venture (JV) goes through it would be the French company’s second JV with BHEL.
French firm would also set up a wind power equipment manufacturing facility in India.
However, Mr Kron did not divulge the companies it is in talks with for the wind power manufacturing unit and neither the location of the proposed facility.
“We are looking at considering a possibility to build wind power equipment manufacturing unit here,” Mr Kron said adding, “We are already manufacturing 1.6-3 MW onshore wind turbine and we have a manufacturing facility in the US.”
The company may join hands with a partner for setting up this manufacturing facility.
Alstom is building a manufacturing unit in Chennai to supply coaches for the Chennai Metro, which would be commissioned in the next two years.
“Chennai manufacturing facility would be completed by early 2013,” he added.
Alstom completed its 100 year in India this year and is hopeful of another glorious 100 years here in India, Mr Kron said.
“We have competition, we have opportunities, in the next 100 years we are going to generate more opportunities than the previous 100 years,” he said.
ref:
http://www.thehindubusinessline.com/companies/article1691528.ece
Monday, April 11, 2011
BHEL, GAIL may get Maharatna status soon
Heavy Industries and Public Enterprises Minister Praful Patel said his ministry is is considering granting Maharatna status to BHEL and GAIL.
The status of 'Maharatna' will provide greater financial and operational freedom to public sector companies.
"I have no hesitation in saying that companies like Bhel and Gail were looked at closely and in the days to come we will go to the Cabinet to seek further freedom (by seeking Maharatna status for them)," Patel said.
He was speaking at a function jointly organised by the Standing Conference of Public Enterprises (SCOPE) and the Department of Public Enterprises (DPE).
"There is definitely a move within the ministry to see that more companies are brought into the ambit of Maharatna status", he added.
At present, there are five Maharatna companies – ONGC, Indian Oil, SAIL, NTPC and CIL-- and 15 Navratna companies, including BHEL, GAIL and NMDC.
More at:
http://www.indianexpress.com/news/BHEL--GAIL-may-get-Maharatna-status-soon/774692
The status of 'Maharatna' will provide greater financial and operational freedom to public sector companies.
"I have no hesitation in saying that companies like Bhel and Gail were looked at closely and in the days to come we will go to the Cabinet to seek further freedom (by seeking Maharatna status for them)," Patel said.
He was speaking at a function jointly organised by the Standing Conference of Public Enterprises (SCOPE) and the Department of Public Enterprises (DPE).
"There is definitely a move within the ministry to see that more companies are brought into the ambit of Maharatna status", he added.
At present, there are five Maharatna companies – ONGC, Indian Oil, SAIL, NTPC and CIL-- and 15 Navratna companies, including BHEL, GAIL and NMDC.
More at:
http://www.indianexpress.com/news/BHEL--GAIL-may-get-Maharatna-status-soon/774692
BHEL-Bangalore units to up capacity to 20,000 Mw in FY12
Company plans to invest Rs 100 crore on glass insulator manufacturing unit.
The Bangalore divisions of the Bharat Heavy Electricals Ltd (BHEL) have drawn up plans to augment the annual manufacturing capacity to 20,000 Mw during the present fiscal 2011-12, an increase of 33.3 per cent over the previous year.
“As part of the company’s Strategic Plan 2017, the Bangalore-based divisions of the BHEL have embarked on strategic measures to grow further in their existing business areas. They are also diversify in emerging growth areas like transmission, transportation, solar photovoltaics, steel business, disc insulators for UHVAC transmission lines, porcelains, composite long rod insulators among others,” G Ganapathiraman, executive director (EDN & ISG), BHEL said. The cost of this capacity addition is estimated to be Rs 54 crore. Last year, the divisions in Bangalore completed the capacity augmentation to 15,000 Mw. Over the last three years, the BHEL has spent Rs 147 crore for capacity expansion, he told reporters.
more at:
http://www.business-standard.com/india/news/bhel-bangalore-units-tocapacity-to-20000-mw-in-fy12/431707/
The Bangalore divisions of the Bharat Heavy Electricals Ltd (BHEL) have drawn up plans to augment the annual manufacturing capacity to 20,000 Mw during the present fiscal 2011-12, an increase of 33.3 per cent over the previous year.
“As part of the company’s Strategic Plan 2017, the Bangalore-based divisions of the BHEL have embarked on strategic measures to grow further in their existing business areas. They are also diversify in emerging growth areas like transmission, transportation, solar photovoltaics, steel business, disc insulators for UHVAC transmission lines, porcelains, composite long rod insulators among others,” G Ganapathiraman, executive director (EDN & ISG), BHEL said. The cost of this capacity addition is estimated to be Rs 54 crore. Last year, the divisions in Bangalore completed the capacity augmentation to 15,000 Mw. Over the last three years, the BHEL has spent Rs 147 crore for capacity expansion, he told reporters.
more at:
http://www.business-standard.com/india/news/bhel-bangalore-units-tocapacity-to-20000-mw-in-fy12/431707/
BHEL firms up JV with BEL for solar PV plant
The Bharat Heavy Electricals Ltd (BHEL), the state-owned power equipment major and Bharat Electronics Limited (BEL), the defence PSU, have firmed up plans to float a joint venture company (JVC) during the present fiscal for setting up an integrated 250 Mw solar photovoltaic modules plant.
They have also shortlisted two locations in Karnataka and one in Andhra Pradesh for setting up the plant at an investment of Rs 2,000 crore, a top BHEL official said.
more at :
http://www.business-standard.com/india/news/bhel-firmsjvbel-for-solar-pv-plant/431708/
They have also shortlisted two locations in Karnataka and one in Andhra Pradesh for setting up the plant at an investment of Rs 2,000 crore, a top BHEL official said.
more at :
http://www.business-standard.com/india/news/bhel-firmsjvbel-for-solar-pv-plant/431708/
Chinese equipment suppliers pip BHEL in meeting deadline
Chinese power equipment suppliers have pipped their largest Indian counterpart, Bharat Heavy Electricals Ltd (BHEL), in meeting delivery commitments, a power ministry study shows. Foreign companies, including Shanghai Electric Corp , Donga Fang Electric, SEPCO Electric Power and Harbin, met 85% of their delivery obligations, as compared to BHEL's 51%.
Equipment for about 33% of power projects in India is being imported from China .
Of the 6,218 MW capacity projects planned with Chinese equipment in 2010-11, plants with generation capacity totaling 5,293 MW went on stream. However, BHEL could commission only 5,721 MW of the committed 11,302 MW capacity addition, the study reveals.
The country was able to add only 12,161 MW of generation capacity last fiscal against a target of 20,359 MW. However, this is the highest-ever capacity addition
more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/chinese-equipment-suppliers-pip-bhel-in-meeting-deadline/articleshow/7939454.cms
Equipment for about 33% of power projects in India is being imported from China .
Of the 6,218 MW capacity projects planned with Chinese equipment in 2010-11, plants with generation capacity totaling 5,293 MW went on stream. However, BHEL could commission only 5,721 MW of the committed 11,302 MW capacity addition, the study reveals.
The country was able to add only 12,161 MW of generation capacity last fiscal against a target of 20,359 MW. However, this is the highest-ever capacity addition
more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/chinese-equipment-suppliers-pip-bhel-in-meeting-deadline/articleshow/7939454.cms
Saturday, April 9, 2011
BHEL B'lore divisions log 35% PBT
The three divisions of Bharat Heavy Electricals Limited, Bangalore, have reported a profit before tax of Rs 900 crore for the fiscal 2010-11 as against Rs 669 crore in the previous fiscal, registering a 35 per cent growth. The PBT was, however, 29 per cent of 2010-11 turnover.
The three divisions — Electronics, Industrial Systems Group & Ceramic Business Unit — also reported a combined turnover of Rs 3,081 crore during the reporting fiscal as against Rs 2,049 crore in the previous fiscal, registering a growth of 28 per cent.
Briefing reporters, Executive Director G Ganapathiraman said, the Bangalore divisions’ outstanding orders grew by 15 per cent to Rs 8,067 crore as against Rs 6,988 crore in 2009-10.
“The order book can sustain us for another four years. We are fully booked for next two-and-a-half years,” he added.
During the year, the company, he said, had received orders worth Rs 3,815 crore, whose hallmark was that majority of them were from private sector. BHEL Bangalore units’ export turnover crossed Rs 1,099 crore, while Rs 140 crore has been invested in the last three years in the three units. “The divisons have taken up further investment plans worth Rs 54 crore for current financial year, which are in various stages of implementation for creation of additional infrastructure and advanced facilities,” he added.
Individually, while electronics division reported a turnover of Rs 2,003 crore, the industrial systems group clocked Rs 700 crore and the ceramic business unit Rs 378 crore.
ref:
http://www.deccanherald.com/content/152429/bhel-blore-divisions-log-35.html
The three divisions — Electronics, Industrial Systems Group & Ceramic Business Unit — also reported a combined turnover of Rs 3,081 crore during the reporting fiscal as against Rs 2,049 crore in the previous fiscal, registering a growth of 28 per cent.
Briefing reporters, Executive Director G Ganapathiraman said, the Bangalore divisions’ outstanding orders grew by 15 per cent to Rs 8,067 crore as against Rs 6,988 crore in 2009-10.
“The order book can sustain us for another four years. We are fully booked for next two-and-a-half years,” he added.
During the year, the company, he said, had received orders worth Rs 3,815 crore, whose hallmark was that majority of them were from private sector. BHEL Bangalore units’ export turnover crossed Rs 1,099 crore, while Rs 140 crore has been invested in the last three years in the three units. “The divisons have taken up further investment plans worth Rs 54 crore for current financial year, which are in various stages of implementation for creation of additional infrastructure and advanced facilities,” he added.
Individually, while electronics division reported a turnover of Rs 2,003 crore, the industrial systems group clocked Rs 700 crore and the ceramic business unit Rs 378 crore.
ref:
http://www.deccanherald.com/content/152429/bhel-blore-divisions-log-35.html
Riding on volume, BHEL gets ready to match Chinese prices
Bharat Heavy Electricals Limited (BHEL) is confident of bridging the price gap that exists between indigenously manufactured and Chinese power plants in the near future on the back of growing business volume, according to R Krishnan, executive director of Ramachandrapuram unit, the second largest after the Kochi unit in terms of business turnover.
The unit posted a 37 per cent rise in gross profit at Rs 1,283 crore and a 33 per cent increase in total turnover at Rs 6,652 crore for the year 2010-11. It is planning to increase the capacity to 4,115 Mw from the present 2,900 Mw by March 2012 by investing about Rs 900 crore. This is part of the 20,000 Mw capacity expansion envisaged by the company across all its units.
“Chinese power units are 10-15 per cent cheaper than BHEL-built power plants. However, power project developers, including those in the private sector, are preferring our products over Chinese units because of the overall quality and service that we offer,” Krishnan said at an annual press conference here on Thursday.
more at:
http://www.business-standard.com/india/news/ridingvolume-bhel-gets-ready-to-match-chinese-prices/431555/
The unit posted a 37 per cent rise in gross profit at Rs 1,283 crore and a 33 per cent increase in total turnover at Rs 6,652 crore for the year 2010-11. It is planning to increase the capacity to 4,115 Mw from the present 2,900 Mw by March 2012 by investing about Rs 900 crore. This is part of the 20,000 Mw capacity expansion envisaged by the company across all its units.
“Chinese power units are 10-15 per cent cheaper than BHEL-built power plants. However, power project developers, including those in the private sector, are preferring our products over Chinese units because of the overall quality and service that we offer,” Krishnan said at an annual press conference here on Thursday.
more at:
http://www.business-standard.com/india/news/ridingvolume-bhel-gets-ready-to-match-chinese-prices/431555/
Friday, April 8, 2011
BHEL approaches govt for grant of Maharatna status
Bharat Heavy Electricals Ltd (BHEL) has approached the government for the grant of coveted Maharatna status, which will give the company greater financial autonomy.
"The company had applied for the grant of the status to the Department of Public Enterprises (DPE) about a week ago," sources said.
At present, BHEL is a Navratna company. Once a company gets the Maharatna status, its board would not be required to take the government's permission for investments up to Rs 5,000 crore in a joint venture project or wholly-owned subsidiary. For the Navratna companies, the limit is Rs 1,000 crore.
A company qualifying for the Maharatna status should have an average annual turnover of more than Rs 20,000 crore in the last three years, according to the new guidelines.
Earlier, annual turnover required for three consecutive years was Rs 25,000 crore.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-approaches-govt-for-grant-of-maharatna-status/articleshow/7916161.cms
"The company had applied for the grant of the status to the Department of Public Enterprises (DPE) about a week ago," sources said.
At present, BHEL is a Navratna company. Once a company gets the Maharatna status, its board would not be required to take the government's permission for investments up to Rs 5,000 crore in a joint venture project or wholly-owned subsidiary. For the Navratna companies, the limit is Rs 1,000 crore.
A company qualifying for the Maharatna status should have an average annual turnover of more than Rs 20,000 crore in the last three years, according to the new guidelines.
Earlier, annual turnover required for three consecutive years was Rs 25,000 crore.
more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-approaches-govt-for-grant-of-maharatna-status/articleshow/7916161.cms
Thursday, April 7, 2011
BHEL Ramachandrapuram unit posts record profit
The Ramachandrapuram unit of Bharat Heavy Electricals Limited (BHEL) has achieved an all-time high turnover of Rs.6,652 crore during the year ended March 31, 2011, against Rs.5,004 crore in the previous fiscal, a growth of 33 per cent. The profit before tax increased by 37 per cent from Rs. 936 crore to Rs.1,283 crore. Buoyed with the record turnover and profit, the company has set a turnover target of Rs.7,596 crore for 2011-12.
Announcing the results here on Thursday, Executive Director R. Krishnan said the company secured orders worth Rs.7,160 crore during the year and the outstanding order book stood at Rs.16,880 crore. The company commissioned 27 projects during the year while 24 projects were under different stages of execution. The Ramachandrapuram unit had embarked on a capacity expansion programme with an investment of Rs.900 crore. The expansion was part of the BHEL's 20,000 MW expansion plan.
The unit successfully tested the country's first indigenously manufactured Fr-9FA gas turbine, designed for dual fuel firing. The Ramachandrapuram unit planned to increase its R&D expenditure to Rs.800 crore in the next three years.
ref:
http://www.thehindu.com/business/article1609112.ece
Announcing the results here on Thursday, Executive Director R. Krishnan said the company secured orders worth Rs.7,160 crore during the year and the outstanding order book stood at Rs.16,880 crore. The company commissioned 27 projects during the year while 24 projects were under different stages of execution. The Ramachandrapuram unit had embarked on a capacity expansion programme with an investment of Rs.900 crore. The expansion was part of the BHEL's 20,000 MW expansion plan.
The unit successfully tested the country's first indigenously manufactured Fr-9FA gas turbine, designed for dual fuel firing. The Ramachandrapuram unit planned to increase its R&D expenditure to Rs.800 crore in the next three years.
ref:
http://www.thehindu.com/business/article1609112.ece
Wednesday, April 6, 2011
BHEL Ranipet profit rises to Rs.1,107 crore
The Boiler Auxiliaries Plant (BAP) of Bharat Heavy Electricals Limited (BHEL), Ranipet, has achieved a record profit before tax (PBT) of Rs.1,107 crore during 2010-11 as against Rs.591 crore in 2009-10, registering an 87 per cent increase, thanks largely to the reduction in material consumption, according to A. Chandrababu, Executive Director, BHEL-BAP, Ranipet.
Briefing newspersons about the performance of the company in 2010-11 at a press conference here on Wednesday, Mr. Chandrababu said that the Ranipet unit had registered a turnover of Rs.3,582 crore, up by 41 per cent over Rs.2,538 crore achieved in the previous year. “We have been growing at an average rate of 35 per cent over the past five years, and maintaining this trend. The unit has for the first time achieved a turnover of Rs.3,582 crore. This has been possible by the efforts taken by our team in despatching 2.82 lakh tonnes (mt) in the last 12 months,” he said. The Executive Director said that in spite of fluctuating steel prices, BHEL Ranipet could contain its material costs to 51.9 per cent of the gross turnover, after setting off the excise duty, through strategic materials management.
Mr. Chandrababu said that the BAP had an outstanding order book of Rs.8,315 crore in 2010-11, as against Rs.7,892 crore in 2009-10. It bagged bulk repeat orders from India Bulls for five 270 MW boilers each for the thermal power plants in Nashik and Amravati.
The Executive Director said that while BAP had achieved a capacity expansion to meet its proportional target for production of power plant auxiliaries by BHEL as a whole to cater to the targeted 15,000 MW of power production, its plans were on track towards achieving its physical target for augmenting the installed capacity to 20,000 MW by July 2011 as against the target date of March 31, 2012. It has invested Rs.170 crore for capacity expansion. The Ranipet unit has entered into an agreement with GE India to acquire world-class technology for water treatment, and with TLT, Germany for axial fans.
The West Bengal Power Development Corporation, Kolkata, which placed orders with a Chinese vendor for boiler auxiliaries for its thermal power plants, reverted to BHEL Ranipet and gave orders for two 500 MW boilers for its Sagardighi thermal power plant.
ref:
http://www.thehindu.com/business/companies/article1605636.ece
Briefing newspersons about the performance of the company in 2010-11 at a press conference here on Wednesday, Mr. Chandrababu said that the Ranipet unit had registered a turnover of Rs.3,582 crore, up by 41 per cent over Rs.2,538 crore achieved in the previous year. “We have been growing at an average rate of 35 per cent over the past five years, and maintaining this trend. The unit has for the first time achieved a turnover of Rs.3,582 crore. This has been possible by the efforts taken by our team in despatching 2.82 lakh tonnes (mt) in the last 12 months,” he said. The Executive Director said that in spite of fluctuating steel prices, BHEL Ranipet could contain its material costs to 51.9 per cent of the gross turnover, after setting off the excise duty, through strategic materials management.
Mr. Chandrababu said that the BAP had an outstanding order book of Rs.8,315 crore in 2010-11, as against Rs.7,892 crore in 2009-10. It bagged bulk repeat orders from India Bulls for five 270 MW boilers each for the thermal power plants in Nashik and Amravati.
The Executive Director said that while BAP had achieved a capacity expansion to meet its proportional target for production of power plant auxiliaries by BHEL as a whole to cater to the targeted 15,000 MW of power production, its plans were on track towards achieving its physical target for augmenting the installed capacity to 20,000 MW by July 2011 as against the target date of March 31, 2012. It has invested Rs.170 crore for capacity expansion. The Ranipet unit has entered into an agreement with GE India to acquire world-class technology for water treatment, and with TLT, Germany for axial fans.
The West Bengal Power Development Corporation, Kolkata, which placed orders with a Chinese vendor for boiler auxiliaries for its thermal power plants, reverted to BHEL Ranipet and gave orders for two 500 MW boilers for its Sagardighi thermal power plant.
ref:
http://www.thehindu.com/business/companies/article1605636.ece
Tuesday, April 5, 2011
‘BHEL is open to picking up equity in nuclear projects’
India has drawn up ambitious plans to add 63,000 mw of nuclear capacity by 2032. The government plans to buy about 21 additional foreign reactors for $175 billion (Rs 78,750 crore). Since this is likely to take some time, especially in the wake of the recent Japan disaster which has forced India to r evisit its security plans, Bharat Heavy Electricals Ltd (BHEL) is currently focusing on nuclear power plants being developed through its tie-up with Nuclear Power Corporation of India. BP Rao, chairman and MD of BHEL speaks to HT about his company’s plans. Excerpts.
complete article at:
http://www.hindustantimes.com/BHEL-is-open-to-picking-up-equity-in-nuclear-projects/Article1-681634.aspx#
complete article at:
http://www.hindustantimes.com/BHEL-is-open-to-picking-up-equity-in-nuclear-projects/Article1-681634.aspx#
BHEL clocks turnover of Rs 4,202 cr, gears up for further expansion
Bharat Heavy Electrical Limited (BHEL) in Bhopal is gearing up for further expansion for more thermal power equipment manufacturing. The unit has clocked a turnover of Rs 4,202 crore, up 13 per cent from the previous year, it has also aimed at becoming a Rs 5,000-crore unit by next financial year. However Chinese companies still pose challenges to the unit.
“We have sent a proposal for expansion of the existing thermal power unit, as soon as it is cleared we will start work on it, as we see a tremendous potential in thermal power sector,” M K Dubey executive director of the unit told Business Standard. “We have bagged an order from DB Power Limited for 2x660 Mw and further talks are on for another project. We are also in talks with Hindalco for their Singarauli project.” Hindalco is setting up a captive power unit in Singarauli for 700 Mw captive power unit.
BHEL is also partnering with the state government in another 660x2 Mw power project (Malwa thermal power project) in Khandwa. Moreover it will supply and erect equipments at controversial Shree Maheshwar Hydel power project in Khandwa district. However, according to Dubey, “Progress on the project is very slow and we have Rs 95 crore equipment lying in our premise for the project.”
BHEL has also attained a handsome growth of 18 per cent on exports which touched Rs 1,219 crore.
ref:
http://www.sify.com/finance/bhel-clocks-turnover-of-rs-4-202-cr-gears-up-for-further-expansion-news-equity-legblxhcdhe.html
“We have sent a proposal for expansion of the existing thermal power unit, as soon as it is cleared we will start work on it, as we see a tremendous potential in thermal power sector,” M K Dubey executive director of the unit told Business Standard. “We have bagged an order from DB Power Limited for 2x660 Mw and further talks are on for another project. We are also in talks with Hindalco for their Singarauli project.” Hindalco is setting up a captive power unit in Singarauli for 700 Mw captive power unit.
BHEL is also partnering with the state government in another 660x2 Mw power project (Malwa thermal power project) in Khandwa. Moreover it will supply and erect equipments at controversial Shree Maheshwar Hydel power project in Khandwa district. However, according to Dubey, “Progress on the project is very slow and we have Rs 95 crore equipment lying in our premise for the project.”
BHEL has also attained a handsome growth of 18 per cent on exports which touched Rs 1,219 crore.
ref:
http://www.sify.com/finance/bhel-clocks-turnover-of-rs-4-202-cr-gears-up-for-further-expansion-news-equity-legblxhcdhe.html
BHEL Tiruchi to focus on super critical boilers
Bharat Heavy Electricals Ltd (BHEL) would focus more on manufacturing and supply of super critical boilers in the 13th Five Year Plan period of 2012 -17, according to a senior official from Thiruchirapalli unit of the power equipment manufacturer.
A strategic plan for the year 2012-17 is on the anvil and the company has started discussion on the plans based on annual projection of market needs.
The company has so far bagged seven orders for super critical boilers, which are designed to perform under high pressure, including orders for three 800 MW, one 700 MW and three 660 MW units. It is in talks with the Dainik Bhaskar group, already a customer for its 600 MW boiler, to supply 660 MW super critical boilers, said A V Krishnan, executive director, BHEL Tiruchirapalli complex.
“We are expecting eight to ten projects in super critical boiler supply in the current fiscal year. In fact, in the entire 13th Five Year Plan, we will have more focus on super critical boilers,” said Krishnan.
He further added that the company, in next five to six years, would also be entering into ultra supercritical boilers supply. It is in talks with NTPC and Indira Gandhi Centre for Atomic Research (IGCAR) to develop its first ultra super critical boiler by 2017.
more at:
http://www.business-standard.com/india/news/bhel-tiruchi-to-focussuper-critical-boilers/431050/
A strategic plan for the year 2012-17 is on the anvil and the company has started discussion on the plans based on annual projection of market needs.
The company has so far bagged seven orders for super critical boilers, which are designed to perform under high pressure, including orders for three 800 MW, one 700 MW and three 660 MW units. It is in talks with the Dainik Bhaskar group, already a customer for its 600 MW boiler, to supply 660 MW super critical boilers, said A V Krishnan, executive director, BHEL Tiruchirapalli complex.
“We are expecting eight to ten projects in super critical boiler supply in the current fiscal year. In fact, in the entire 13th Five Year Plan, we will have more focus on super critical boilers,” said Krishnan.
He further added that the company, in next five to six years, would also be entering into ultra supercritical boilers supply. It is in talks with NTPC and Indira Gandhi Centre for Atomic Research (IGCAR) to develop its first ultra super critical boiler by 2017.
more at:
http://www.business-standard.com/india/news/bhel-tiruchi-to-focussuper-critical-boilers/431050/
BHEL Trichy posts record turnover of Rs 12,275 cr in FY11
BHEL on Tuesday said its Trichy recorded an all time high turnover of Rs 12,275 crore during the financial year 2010-11.
The turnover during the fiscal was 22.63 per cent higher than the previous fiscal’s Rs 10,009 crore, said Mr A V Krishnan, Executive Director of BHEL’s unit.
The profit before tax also increased by 29.48 per cent to Rs 3,250 crore in the fiscal ended March 31 this year as against Rs 2,510 crore recorded in the previous fiscal, he said.
It had received orders for a record number of seven super critical projects during FY11, including three units of 800 MW, 3 units of 650 MW and one 700 MW projects. The current fiscal’s projection of turnover was Rs 15,000 crore, he said.
ref:
http://www.thehindubusinessline.com/companies/article1602045.ece
The turnover during the fiscal was 22.63 per cent higher than the previous fiscal’s Rs 10,009 crore, said Mr A V Krishnan, Executive Director of BHEL’s unit.
The profit before tax also increased by 29.48 per cent to Rs 3,250 crore in the fiscal ended March 31 this year as against Rs 2,510 crore recorded in the previous fiscal, he said.
It had received orders for a record number of seven super critical projects during FY11, including three units of 800 MW, 3 units of 650 MW and one 700 MW projects. The current fiscal’s projection of turnover was Rs 15,000 crore, he said.
ref:
http://www.thehindubusinessline.com/companies/article1602045.ece
BHEL to expand boiler division capacity to 20,000 MW
(IANS) Power equipment maker Bharat Heavy Electricals Ltd will complete expanding its boiler unit's capacity to 20,000 MW by the end of this fiscal, a top company official said here Tuesday.
'The third phase of capacity expansion (from 15,000 MW to 20,000 MW) works are progressing as per schedule and will be completed by March 2012,' Executive Director A.V. Krishnan told reporters while sharing the division's performance for 2010-11.
According to him, all preparatory and pre-execution works have been carried out in time to ramp up the capacity to 20,000 MW.
The boiler unit - located around 335 km from Chennai - closed the last fiscal with a turnover of Rs.12,275 crore and a before tax profit of Rs.3,250 crore, up from Rs.10,009 crore and Rs.2,813 crore respectively earned during 2009-10.
Last year, the division booked orders worth Rs.15,631 crore, taking the total outstanding order book size to Rs.39,121 crore.
The new orders include seven super critical boilers (boilers that can operate at very high temperature) including three 800 MW, one 700 MW and three 660 MW.
He said repeat orders for 10 sets of 270 MW boilers were received from the India Bulls group last year.
On the exports side, BHEL's boiler division shipped out 11,500 tonnes of boiler components to countries like Indonesia, New Caledonia, Sudan and Belarus.
According to Krishnan, the advanced technology product manufacturing facilities are expanded to handle up to 700 MW nuclear power plant equipments like steam generators and reactor headers.
BHEL's boiler division bagged orders for 32 reactor heads for 700 MW nuclear power stations and is executing orders for eight steam generators.
ref:
http://www.sify.com/finance/bhel-to-expand-boiler-division-capacity-to-20-000-mw-news-national-lefnEfddghg.html
'The third phase of capacity expansion (from 15,000 MW to 20,000 MW) works are progressing as per schedule and will be completed by March 2012,' Executive Director A.V. Krishnan told reporters while sharing the division's performance for 2010-11.
According to him, all preparatory and pre-execution works have been carried out in time to ramp up the capacity to 20,000 MW.
The boiler unit - located around 335 km from Chennai - closed the last fiscal with a turnover of Rs.12,275 crore and a before tax profit of Rs.3,250 crore, up from Rs.10,009 crore and Rs.2,813 crore respectively earned during 2009-10.
Last year, the division booked orders worth Rs.15,631 crore, taking the total outstanding order book size to Rs.39,121 crore.
The new orders include seven super critical boilers (boilers that can operate at very high temperature) including three 800 MW, one 700 MW and three 660 MW.
He said repeat orders for 10 sets of 270 MW boilers were received from the India Bulls group last year.
On the exports side, BHEL's boiler division shipped out 11,500 tonnes of boiler components to countries like Indonesia, New Caledonia, Sudan and Belarus.
According to Krishnan, the advanced technology product manufacturing facilities are expanded to handle up to 700 MW nuclear power plant equipments like steam generators and reactor headers.
BHEL's boiler division bagged orders for 32 reactor heads for 700 MW nuclear power stations and is executing orders for eight steam generators.
ref:
http://www.sify.com/finance/bhel-to-expand-boiler-division-capacity-to-20-000-mw-news-national-lefnEfddghg.html
Monday, April 4, 2011
BHEL FY’11 profit jumps 40 pc to Rs 6,021 cr
Bharat Heavy Electricals Ltd (BHEL) on Monday reported a 40 per cent jump in net profit to Rs 6,021 crore in 2010-11 reaping the benefits of low technology costs and changes in accounting policy. Its net profit stood at Rs 4,311 crore a year ago.
“Localisation of technologies, continuous working on supply chain and lower material costs helped in good profit,” B Prasada Rao, chairman and managing director BHEL said while announcing the company’s provisional annual results. Rao attributed the higher revenues and profits to the change in the company’s accounting policy on provision for warranty obligation for construction contracts. “This has resulted in an increase in turnover by Rs 2,456 crore and increase in profit before tax at Rs 414 crore,” he said. The state run firm also posted a turnover of Rs 43,451 crore in 2010-11, which is a 27 per cent rise compared to Rs 34,154 crore in 2009-10 period. BHEL’s shareholders have been paid an interim dividend of 132.5 per cent while the earnings per share in the previous fiscal climbed to Rs 123 per share.
ref:
http://www.indianexpress.com/news/BHEL-FY-11-profit-jumps-40-pc-to-Rs-6-021-cr/771618/
“Localisation of technologies, continuous working on supply chain and lower material costs helped in good profit,” B Prasada Rao, chairman and managing director BHEL said while announcing the company’s provisional annual results. Rao attributed the higher revenues and profits to the change in the company’s accounting policy on provision for warranty obligation for construction contracts. “This has resulted in an increase in turnover by Rs 2,456 crore and increase in profit before tax at Rs 414 crore,” he said. The state run firm also posted a turnover of Rs 43,451 crore in 2010-11, which is a 27 per cent rise compared to Rs 34,154 crore in 2009-10 period. BHEL’s shareholders have been paid an interim dividend of 132.5 per cent while the earnings per share in the previous fiscal climbed to Rs 123 per share.
ref:
http://www.indianexpress.com/news/BHEL-FY-11-profit-jumps-40-pc-to-Rs-6-021-cr/771618/
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