Rejecting Neyveli Lignite Corporation’s charges that the boilers supplied to it had a design fault, Indian power equipment giant Bharat Heavy Electricals says it will run its two 125 MW power units in Rajasthan at full capacity for 15 days to show them the way to operate them and prove them wrong.
‘We have sorted out the issue and have given Neyveli Lignite the methodology of running the power units,’ said Jainender Kumar, executive director for project management with Bharat Heavy Electricals.
‘Next month we will run the two units at full load and give them the parameters to be followed in the future,’ Kumar told IANS over phone from New Delhi.
His reaction came after Neyveli Lignite chairman and managing director A.R. Ansari’s charge Friday that there is a design fault in the two 125 MW boilers supplied for its Rajasthan project. The units were commissioned June 2010 but started facing problems, thereby halting power generation for nearly a year.
‘We had told them that their boiler should be capable of handling lignite with an ash content ranging between 8-30 percent. They initially agreed but later was not able to meet the expectation. There is a design failure in their boiler,’ Ansari said.
In his response, Kumar said: ‘While burning the lignite, we encountered the problems of sintering (lump formation) which was not there in other boilers in India, including in Rajasthan. It is a unique problem confined to NLC’s units in Barsingsar.’
He said his company studied the sintering problem and suggested mixing red sand to solve the problem. ‘We also demonstrated that the mixing of sand will not corrode the boiler components,’ he added.
more at:
http://www.inewsone.com/2011/05/29/bharat-heavy-electricals-dismisses-neyveli-lignites-charges/53858
Tuesday, May 31, 2011
Monday, May 30, 2011
To retain talent, Bhel to tap global B-schools
Bharat Heavy Electricals Ltd (Bhel), India’s largest power generation equipment manufacturer, is getting top business schools (B-schools) such as Harvard and Wharton to create customized courses for top management personnel as the state-owned company tries to upgrade skills and retain staff.
The company will soon be sending its first batch of 25 general managers to Wharton, said B.P. Rao, chairman and managing director.
Bhel wants to help its managers gain expertise as it scales up, besides using the training as an incentive for them to stay with the company. Many of them are being poached by foreign companies setting up up power equipment manufacturing units in the country.
“We are preparing the organization for the future,” said Rao. “Our focus is on people, process and technologies.”
ref:
http://www.livemint.com/2011/05/30233443/To-retain-talent-Bhel-to-tap.html?atype=tp
The company will soon be sending its first batch of 25 general managers to Wharton, said B.P. Rao, chairman and managing director.
Bhel wants to help its managers gain expertise as it scales up, besides using the training as an incentive for them to stay with the company. Many of them are being poached by foreign companies setting up up power equipment manufacturing units in the country.
“We are preparing the organization for the future,” said Rao. “Our focus is on people, process and technologies.”
ref:
http://www.livemint.com/2011/05/30233443/To-retain-talent-Bhel-to-tap.html?atype=tp
Saturday, May 28, 2011
Minister Sai Pratap visits BHEL
Minister of State for Heavy Industries A Sai Pratap on Saturday visited BHEL, RC Puram, Hyderabad unit for the first time after taking charge as central minister. After receiving the Guard of Honour here, the minister visited the Turbines, Compressors and Heat Exchangers blocks. He also interacted with officers, executives and workers during the visit and expressed happiness over the achievement of targets by the unit.
The minister also assured support from the central government to enable the RC Puram unit to manufacture quality products and ensure timely deliveries to customers. The BHEL should rise to meet international standards in order to satisfy customer expectations, he said and added, cycle-time should be reduced to hand-over the equipments to customers well before the committed delivery time.
He said that BHEL fulfills 72 per cent of the country’s power requirements and it should further consolidate this position by rising to international competition. He urged the employees to work harder with enthusiasm in order to sustain BHEL’s position in the world market and enhance the status of the organisation to ‘Maharatna’ from the present status of ‘Navratna’. The minister was accompanied by R Krishnan, executive director, R K Wanchoo, executive director and A Panduranga Rao, DGM (Communication and Public Relations).
ref:
http://expressbuzz.com/cities/hyderabad/minister-sai-pratap-visits-bhel/278939.html
The minister also assured support from the central government to enable the RC Puram unit to manufacture quality products and ensure timely deliveries to customers. The BHEL should rise to meet international standards in order to satisfy customer expectations, he said and added, cycle-time should be reduced to hand-over the equipments to customers well before the committed delivery time.
He said that BHEL fulfills 72 per cent of the country’s power requirements and it should further consolidate this position by rising to international competition. He urged the employees to work harder with enthusiasm in order to sustain BHEL’s position in the world market and enhance the status of the organisation to ‘Maharatna’ from the present status of ‘Navratna’. The minister was accompanied by R Krishnan, executive director, R K Wanchoo, executive director and A Panduranga Rao, DGM (Communication and Public Relations).
ref:
http://expressbuzz.com/cities/hyderabad/minister-sai-pratap-visits-bhel/278939.html
Friday, May 27, 2011
Neyveli Lignite blames BHEL for production hitch
Integrated mining-cum-power generation company Neyveli Lignite Corporation (NLC) is facing production problem because of the hitch in the boiler provided by power equipment major Bharat Heavy Electricals (BHEL), complained a top NLC official.
‘BHEL has failed in its delivery schedules. It is the monopoly India. As a public sector unit (PSU), we have to support BHEL (another PSU). Further we have to go by the lowest bidder in awarding equipment contracts and not by their adherence to delivery schedules and other parameters,’ chairman and managing director A.R. Ansari told reporters here Friday.
According to him, NLC’s power units in Rajasthan are not generating power as there is a design failure in BHEL’s boilers.
‘We had told BHEL that their boiler should be capable of handling lignite with an ash content ranging between eight to 30 percent. BHEL initially agreed and later was not able to meet the expectation. There is a design failure in their boiler,’ Ansari claimed.
BHEL had supplied the 2×125 MW Circulating Fluidised Bed Combustion (CFBC) boilers to NLC for its power project in Rajasthan.
more at:
http://www.inewsone.com/2011/05/27/neyveli-lignite-blames-bhel-for-production-hitch/53561
‘BHEL has failed in its delivery schedules. It is the monopoly India. As a public sector unit (PSU), we have to support BHEL (another PSU). Further we have to go by the lowest bidder in awarding equipment contracts and not by their adherence to delivery schedules and other parameters,’ chairman and managing director A.R. Ansari told reporters here Friday.
According to him, NLC’s power units in Rajasthan are not generating power as there is a design failure in BHEL’s boilers.
‘We had told BHEL that their boiler should be capable of handling lignite with an ash content ranging between eight to 30 percent. BHEL initially agreed and later was not able to meet the expectation. There is a design failure in their boiler,’ Ansari claimed.
BHEL had supplied the 2×125 MW Circulating Fluidised Bed Combustion (CFBC) boilers to NLC for its power project in Rajasthan.
more at:
http://www.inewsone.com/2011/05/27/neyveli-lignite-blames-bhel-for-production-hitch/53561
BHEL develops India's 1st ultra high voltage transformer
State-run BHEL on Friday said it has developed and tested India's first very high voltage transformer to be supplied to the central transmission utility Power Grid Corporation.
"BHEL has indigenously developed, manufactured and tested 1,200-kV Ultra High Voltage Alternating Current Transformer at its Bhopal facility," a company release said.
Auto Transformer successfully developed by BHEL shall be installed in India's first experimental 1200 kV National Test Station at Bina (MP) being set up by PowerGrid, it said.
BHEL manufactures transformers, shunt reactors, instrument transformers, capacitors, extra high voltage circuit breakers and medium voltage switchgear at its facilities located at Bhopal, Hyderabad and Jhansi.
It is the biggest transformer manufacturer in India with a capacity to manufacture 45,000 MVA of transformers/reactors per annum.
The company has set up a manufacturing plant of 12,000 MVA at Bhopal to manufacture large sized EHV, HVDC and UHVAC transformers and reactors.
ref:
http://www.moneycontrol.com/news/business/bheldevelopsindias1stultrahighvoltagetransformer_547175.html
"BHEL has indigenously developed, manufactured and tested 1,200-kV Ultra High Voltage Alternating Current Transformer at its Bhopal facility," a company release said.
Auto Transformer successfully developed by BHEL shall be installed in India's first experimental 1200 kV National Test Station at Bina (MP) being set up by PowerGrid, it said.
BHEL manufactures transformers, shunt reactors, instrument transformers, capacitors, extra high voltage circuit breakers and medium voltage switchgear at its facilities located at Bhopal, Hyderabad and Jhansi.
It is the biggest transformer manufacturer in India with a capacity to manufacture 45,000 MVA of transformers/reactors per annum.
The company has set up a manufacturing plant of 12,000 MVA at Bhopal to manufacture large sized EHV, HVDC and UHVAC transformers and reactors.
ref:
http://www.moneycontrol.com/news/business/bheldevelopsindias1stultrahighvoltagetransformer_547175.html
Wednesday, May 25, 2011
BHEL comfortably placed to meet growth targets
Making its headway towards indigenous technologies and localisation of material costs, engineering major Bharat Heavy Electricals (Bhel) has reported strong financial performance for the year ended March 2011, with a consolidated topline growth of more than 26%. The company's operating margins have improved by more than 250 basis points for the year.
The growth, however, includes accounting adjustments to the tune of about Rs 2,773 crore in net sales and about Rs 983 crore in the profit before tax in an attempt to align the company's accounting practices with those of IFRS. These adjustments, however, have no significant impact on operating margins.
:
:
Moreover, given its order backlog of over Rs 1.64 lakh crore, which translates to over four times its consolidated revenue for the year (before accounting adjustment), Bhel is comfortably placed to meet its guidance of 20% revenue growth to Rs 50,000 crore in FY12.
more at:
http://articles.economictimes.indiatimes.com/2011-05-24/news/29577708_1_bharat-heavy-electricals-bhel-growth-targets
The growth, however, includes accounting adjustments to the tune of about Rs 2,773 crore in net sales and about Rs 983 crore in the profit before tax in an attempt to align the company's accounting practices with those of IFRS. These adjustments, however, have no significant impact on operating margins.
:
:
Moreover, given its order backlog of over Rs 1.64 lakh crore, which translates to over four times its consolidated revenue for the year (before accounting adjustment), Bhel is comfortably placed to meet its guidance of 20% revenue growth to Rs 50,000 crore in FY12.
more at:
http://articles.economictimes.indiatimes.com/2011-05-24/news/29577708_1_bharat-heavy-electricals-bhel-growth-targets
Monday, May 23, 2011
Govt to offload 5 pc equity in BHEL to raise Rs 4,500 cr; stock falls 7 pc
The government is likely to divest 5 per cent equity in state-owned engineering giant BHEL as part of the exercise to raise Rs 40,000 crore from disinvestment during the current financial year.
The stake sale in BHEL is likely to yield the government about Rs 4,500 crore at existing market prices.
"The board of directors of the company has recommended the disinvestment of 5 per cent of the paid-up equity of BHEL out of the government of India's shareholding," Bharat Heavy Electricals Ltd (BHEL) said in a filing to the BSE.
The government currently holds 67.72 per cent equity in BHEL, which will come down to 62.72 per cent following the disinvestment.
The company further said that 10 per cent of the equity to be offloaded under the disinvestment programme would be reserved for employees.
BHEL, meanwhile, has also decided to split its equity shares of Rs 10 face value into five equity shares of Rs 2 each.
Shares of Bharat Heavy Electricals ended 6.69 percent down at Rs 1935.60 on the Bombay Stock Exchange
During the current fiscal, the government has already raised Rs 1,162 crore through the divestment of a 5 per cent stake in Power Finance Corporation in May. A follow-on public offer by SAIL is likely to hit the market next month and another issue by ONGC in July.
ref:
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/govt-to-offload-5-pc-equity-in-bhel-to-raise-rs-4500-cr-stock-falls-7-pc/articleshow/8532201.cms
The stake sale in BHEL is likely to yield the government about Rs 4,500 crore at existing market prices.
"The board of directors of the company has recommended the disinvestment of 5 per cent of the paid-up equity of BHEL out of the government of India's shareholding," Bharat Heavy Electricals Ltd (BHEL) said in a filing to the BSE.
The government currently holds 67.72 per cent equity in BHEL, which will come down to 62.72 per cent following the disinvestment.
The company further said that 10 per cent of the equity to be offloaded under the disinvestment programme would be reserved for employees.
BHEL, meanwhile, has also decided to split its equity shares of Rs 10 face value into five equity shares of Rs 2 each.
Shares of Bharat Heavy Electricals ended 6.69 percent down at Rs 1935.60 on the Bombay Stock Exchange
During the current fiscal, the government has already raised Rs 1,162 crore through the divestment of a 5 per cent stake in Power Finance Corporation in May. A follow-on public offer by SAIL is likely to hit the market next month and another issue by ONGC in July.
ref:
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/govt-to-offload-5-pc-equity-in-bhel-to-raise-rs-4500-cr-stock-falls-7-pc/articleshow/8532201.cms
Thursday, May 19, 2011
BHEL tests India’s first 600-MW turbo generator
BHEL has announced the successful manufacture and testing of the country’s first new series turbo generator of 600 MW rating.
The generator shall be supplied and installed at the upcoming North Chennai Thermal Power Project of Tamil Nadu Electricity Board (TNEB), an official statement said here today.
In addition to sub-critical thermal power plants of 600-MW rating, these new series turbo generators will cater to the requirements of thermal power stations with supercritical turbines of 660 and 700 MW ratings, it added.
ref:
http://www.thehindubusinessline.com/companies/article2031941.ece
The generator shall be supplied and installed at the upcoming North Chennai Thermal Power Project of Tamil Nadu Electricity Board (TNEB), an official statement said here today.
In addition to sub-critical thermal power plants of 600-MW rating, these new series turbo generators will cater to the requirements of thermal power stations with supercritical turbines of 660 and 700 MW ratings, it added.
ref:
http://www.thehindubusinessline.com/companies/article2031941.ece
Sunday, May 15, 2011
Bhel aims to become R1 lakh cr co by 2017
Public sector power equipment manufacturer, Bhel plans to become a R1 lakh crore-company by 2017, by more than doubling its turnover from the 2010-11 level.
The target was set in a strategic thinkers’ meet of the company held in Manesar, Haryana recently. The entire board and top management of Bhel participated in the two-day meeting, which was meant to finalise the company’s corporate plan 2017, sources privy to the meeting told FE.
The company reported a turnover of R43,451 crore in the financial year 2010-11, as per its unaudited results. Bhel’s order book stood at R1,64,130 crore as on March 31. Bhel is supplying equipment to 55% of the 78,000 mw capacity addition envisaged by the government during the current Eleventh plan.
The government has planned 100 giga watt capacity addition during the coming plan. Of which, orders for 84,000 mw capacity have already been placed.
more at :
http://www.financialexpress.com/news/Bhel-aims-to-become-R1-lakh-cr-co-by-2017/791133/
The target was set in a strategic thinkers’ meet of the company held in Manesar, Haryana recently. The entire board and top management of Bhel participated in the two-day meeting, which was meant to finalise the company’s corporate plan 2017, sources privy to the meeting told FE.
The company reported a turnover of R43,451 crore in the financial year 2010-11, as per its unaudited results. Bhel’s order book stood at R1,64,130 crore as on March 31. Bhel is supplying equipment to 55% of the 78,000 mw capacity addition envisaged by the government during the current Eleventh plan.
The government has planned 100 giga watt capacity addition during the coming plan. Of which, orders for 84,000 mw capacity have already been placed.
more at :
http://www.financialexpress.com/news/Bhel-aims-to-become-R1-lakh-cr-co-by-2017/791133/
Wednesday, May 11, 2011
BHEL to announce FY 2011 results on May 23, 2011
A meeting of the Board of Directors of Bharat Heavy Electricals Ltd will be held on May 23, 2011, to consider and take on record the audited financial results of the Company for the quarter and year ended on March 31, 2011, and to recommend final dividend for the financial year 2010-11.
The stock was trading at Rs.2047.75, up by Rs.11.25 or 0.55%. The stock hit an intraday high of Rs.2058 and low of Rs.2038.
The total traded quantity was 0.48 lakhs compared to 2 week average of 1.02 lakhs.
ref:
http://www.equitybulls.com/admin/news2006/news_det.asp?id=91170
The stock was trading at Rs.2047.75, up by Rs.11.25 or 0.55%. The stock hit an intraday high of Rs.2058 and low of Rs.2038.
The total traded quantity was 0.48 lakhs compared to 2 week average of 1.02 lakhs.
ref:
http://www.equitybulls.com/admin/news2006/news_det.asp?id=91170
Bharat Heavy Goes Into China
The senior managers of a three-year-old thermal power plant in North India say that the Chinese equipment they installed has been giving them trouble due to low quality. They are not alone. Around the country, power plants have claimed that they bought cheaper Chinese boilers, turbines and generators in preference to Indian equipment only to see them malfunction too quickly.
On the surface, it looks like a demand for better quality. But look closer and it is clear that a quite different battle is brewing. It is one way the local industry is reacting to the Chinese invasion into the country's power equipment sector.
But not everyone is unhappy. Take Lanco Infratech, in the power business for more than two decades. It has enough confidence in its Chinese suppliers to have them equip half its requirements for the next four years. Lanco is clearly not the only one vouching for the viability of Chinese equipment. Between 2004 and 2007, firms in China accounted for equipment in 18 power plants in India.
more at:
http://www.forbes.com/2011/05/10/forbes-india-bhel-ready-to-battle-for-market-share.html
On the surface, it looks like a demand for better quality. But look closer and it is clear that a quite different battle is brewing. It is one way the local industry is reacting to the Chinese invasion into the country's power equipment sector.
But not everyone is unhappy. Take Lanco Infratech, in the power business for more than two decades. It has enough confidence in its Chinese suppliers to have them equip half its requirements for the next four years. Lanco is clearly not the only one vouching for the viability of Chinese equipment. Between 2004 and 2007, firms in China accounted for equipment in 18 power plants in India.
more at:
http://www.forbes.com/2011/05/10/forbes-india-bhel-ready-to-battle-for-market-share.html
Sunday, May 8, 2011
Friday, May 6, 2011
Life Insurance Corporation increases stake in BHEL to 9%
Life Insurance Corporation has acquired additional over two per cent stake in power equipment maker BHEL from the market for Rs 2,205 crore to become the second largest shareholder in the PSU after the government.
LIC, which had 7.022 per cent stake in BHEL prior to this round of acquisition, bought shares during June last year to May 3 this year to take its stake to 9.052 per cent, BHEL said in a filing to the stock exchanges.
According to the shareholding pattern, the government has 67.72 per cent stake in BHEL, followed by over 9 per cent by LIC and 1.4 per cent by ICICI Prudential Life Insurance. The remaining stake in held by FIIs and the public.
BHEL shares changed hands at Rs 2,057.70 at the bourses during the trading today.
ref:
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/life-insurance-corporation-increases-stake-in-bhel-to-9/articleshow/8179919.cms
LIC, which had 7.022 per cent stake in BHEL prior to this round of acquisition, bought shares during June last year to May 3 this year to take its stake to 9.052 per cent, BHEL said in a filing to the stock exchanges.
According to the shareholding pattern, the government has 67.72 per cent stake in BHEL, followed by over 9 per cent by LIC and 1.4 per cent by ICICI Prudential Life Insurance. The remaining stake in held by FIIs and the public.
BHEL shares changed hands at Rs 2,057.70 at the bourses during the trading today.
ref:
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/life-insurance-corporation-increases-stake-in-bhel-to-9/articleshow/8179919.cms
Wednesday, May 4, 2011
Thirumayam unit to help BHEL to diversify
The Thirumayam unit of Bharat Heavy Electricals Limited (BHEL) is expected to go on stream by January 2012. The Rs 293 crore complex would diversify into nuclear, refinery, petrochemical, according to a senior official of the company.
The upcoming plant, spread over an area of 40,000 sq m, is slated to start production by January 2012. BHEL’s CMD B Prasada Rao inspected the Thirumayam plant today.
According to AV Krishnan, executive director, BHEL-Tiruchirapalli, the Thirumayam facility would help the complex to diversify into areas like nuclear, refinery and petrochemicals in addition to its traditional boiler business. The facility would also manufacture pipes.
ref:
http://www.sify.com/finance/thirumayam-unit-to-help-bhel-to-diversify-news-equity-lffbuSddccd.html
The upcoming plant, spread over an area of 40,000 sq m, is slated to start production by January 2012. BHEL’s CMD B Prasada Rao inspected the Thirumayam plant today.
According to AV Krishnan, executive director, BHEL-Tiruchirapalli, the Thirumayam facility would help the complex to diversify into areas like nuclear, refinery and petrochemicals in addition to its traditional boiler business. The facility would also manufacture pipes.
ref:
http://www.sify.com/finance/thirumayam-unit-to-help-bhel-to-diversify-news-equity-lffbuSddccd.html
Sunday, May 1, 2011
BHEL bags DPSC’s thermal power plant contract
Bharat Heavy Electricals Ltd (BHEL) has bagged DPSC Ltd’s greenfield 540—MW (270 MW x2) thermal power plant contract.
“We have awarded the contract for greenfield 540-MW thermal power coming up at Raghunathpur to BHEL and its value will be around Rs 1,500 crore, out of total project value of Rs 3,200 crore,” DPSC Chairman Hemant Kanoria told PTI.
DPSC is now controlled by Srei Infrastructure and India Power Corporation Ltd, a joint venture between Srei Infrastructure and Bhaskar Silicon that took over management from Andrew Yule.
BHEL Executive Director (East) Rajiv Kumar said the contract has been signed and the project would be executed shortly.
He said BHEL has also bagged the contract for the 450-MW (150MWx3) thermal power plant at Haldia, executed by IPCL at an estimated cost of Rs 2,400 crore.
The DPSC power plant is likely to be executed in the next 36 months and the Haldia plant would require another two years.
Kanoria said the company had received possession of 155 acre of a total 300 acre required for the project.
more at:
http://www.thehindu.com/business/companies/article1983241.ece
“We have awarded the contract for greenfield 540-MW thermal power coming up at Raghunathpur to BHEL and its value will be around Rs 1,500 crore, out of total project value of Rs 3,200 crore,” DPSC Chairman Hemant Kanoria told PTI.
DPSC is now controlled by Srei Infrastructure and India Power Corporation Ltd, a joint venture between Srei Infrastructure and Bhaskar Silicon that took over management from Andrew Yule.
BHEL Executive Director (East) Rajiv Kumar said the contract has been signed and the project would be executed shortly.
He said BHEL has also bagged the contract for the 450-MW (150MWx3) thermal power plant at Haldia, executed by IPCL at an estimated cost of Rs 2,400 crore.
The DPSC power plant is likely to be executed in the next 36 months and the Haldia plant would require another two years.
Kanoria said the company had received possession of 155 acre of a total 300 acre required for the project.
more at:
http://www.thehindu.com/business/companies/article1983241.ece
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