Tuesday, April 12, 2011

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

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