Saturday, March 31, 2012

Krishnan is HR director at BHEL

R Krishnan assumed charge as the new director of human resources department at BHEL, Ramachandrapuram in Hyderabad on Saturday.
Earlier, he was heading the company’s heavy power equipment electricals plant as the executive director.
�An electrical and electronics engineer from Regional Engineering College, Trichy, Krishnan joined BHEL in 1977 and has worked in various positions at BHEL.
During his two-year tenure at Hyderabad, the BHEL has achieved many milestones like doubling of physical turnover for most products even as the actual turnover rose from Rs 5,003 crore in 2009-10 to more than Rs 7,000 crore in 2011-12.

ref:
http://ibnlive.in.com/news/krishnan-is-hr-director-at-bhel/244636-60-121.html

38-month delay in executing 500-MW unit on failure of BHEL: Neyveli Lignite Corporation

There has been a 38-month delay in execution of Neyveli Lignite Corporation's 500 MW unit (2x250 MW) due to 'failure' of equipment supplier BHEL, NLC Chairman and Managing Director A R Ansari said here today.

"The delays in the execution of NLC's power project in Neyveli is due to the failure of BHEL. The 2x250 MW units adopting new Circulating Fluidized Bed Combustion executed by BHEL has been delayed by 38 months," he said.

Meanwhile, NLC General Manager Ganesan said delay in erection work had resulted in the Rs 2,454 crore project falling behind schedule by about three years and resulting in Rs 2 crore loss per day.

The plant was to have commenced commercial operations in February, 2009.

more at:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/38-month-delay-in-executing-500-mw-unit-on-failure-of-bhel-neyveli-lignite-corporation/articleshow/12481348.cms

Friday, March 30, 2012

BHEL spends Rs.4.65 lakh for schools

The BHEL, Tiruchi, distributed free school uniforms, furniture, public address system, and sports and games articles, under its corporate social responsibility (CSR) activities. The BHEL has also undertaken repair of building in three different schools in the nearby villages. The value of money spent on these CSR schemes is about Rs.4.65 lakh.

At a function held at panchayat union middle school, Thuvakkudimalai north recently, P. Nainar, general manager, human resources, BHEL, distributed free uniforms to 267 students belonging to below poverty line families.

S. S. Pillai, former general manager, public relations and administration, M. Palanivel, AGM-HR, K. Murali, DGM-PR, and administration, A. Vedan, president, parent teachers association, and E. Kayampoo, chairman, Thuvakudy municipality, offered felicitations. The headmistress of the school, A. Amutha, thanked BHEL for its gesture.

At another function at panchayat union middle school, Navaloor Kuttappattu the same day, Mr. Nainar distributed furniture, sports and games articles, plates, and public address system worth Rs.2 lakh.

S. Juliet Rubella, headmistress, M. Arulanandam, AEEO, and S. Amutha Selvam, president, Navaloor Kuttappattu panchayat, offered felicitations.

At a function held on the premises of RC Aided Primary School, Krishnasamuthiram panchayat recently, Mr. Nainar distributed free uniforms to 43 students. BHEL has completed the renovation work of the school building at a cost of Rs.1 lakh.

Headmistress S. Selvarani welcomed the gathering. Rev. Fr. A. Arokiya Sundarraj, correspondent, and Mr Sivaji, president, Krishnasamuthiram panchayat, offered felicitations.

ref:
http://www.thehindu.com/news/cities/Tiruchirapalli/article3261435.ece

Wednesday, March 28, 2012

Govt asks BHEL to diversify into more infra areas

Minister of Heavy Industries and Public Enterprises Praful Patel Wednesday asked BHEL to diversify in other areas of infrastructure, apart from power and railways, and expand its footprint overseas as well.

In a review of the company, Praful advised BHEL to explore possibilities of diversification in both related and unrelated areas, including Mass Rapid Transport systems, water treatment, an official statement said.

He also asked BHEL to formulate strategies to increase its presence in the export markets.

ref:
http://zeenews.india.com/business/news/companies/govt-asks-bhel-to-diversify-into-more-infra-areas_44810.html

Tuesday, March 27, 2012

Training on occupational health begins at BHEL

A week-long training programme on ‘occupational health', tailor-made for senior-level doctors of Coal India Ltd., by the National Model Centre for Occupational Health Services (OHS), BHEL, begin here on Monday.

P.Nainar, General Manager-Human Resource, BHEL, inaugurated the programme. Speaking on the occasion Mr.Nainar said that BHEL, being a navratna company, had been laying emphasis on the healthcare of its workforce since its inception. The OHS had been conducting medical check-up for its workforce periodically.

He lauded the efforts of OHS in curbing the health-related issues of factory workers while, at the same time, rendering consultancy services to other organisations. Mr.Nainar invited the doctors from different coalfields to experience the centre of excellence in Occupational Health which had been established and nurtured by BHEL in Tiruchi.

A total of eighteen doctors, posted at different units of Coal India Ltd, would undergo residential training.

G.Mohan, Senior Deputy General Manager, OHS, explained that the training programme was meant for doctors to equip and update themselves with the knowledge in occupational health.K. Ramlingeshwar Rao, Medical Superintendent and A.K.Ganguli, Senior Deputy General Manager, OHS, spoke.

ref:
http://www.thehindu.com/news/cities/Tiruchirapalli/article3250489.ece

Monday, March 26, 2012

BHEL adds 1,625 MW power capacity

Bharat Heavy Electricals (BHEL) has achieved a new landmark in capacity addition with four of its projects viz. 525 MW Unit-2 of Maithon Power, 500 MW Unit-2 of KPCL Bellary, 500 MW Unit-2 of DVC Durgapur and 100 MW Unit-4 of THDC Koteshwar (Hydro) getting synchronized and achieving full load in the last 24 hours.

With this, the total power project capacity commissioned by BHEL (Q,N,C,F)* in the current year till March 23, 2012 stands at 7,900 MW.

ref:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20120326122928199&dir=2012/03/26

Sunday, March 25, 2012

BHEL commissions power gear with 7,900-MW capacity

Bharat Heavy Electricals (BHEL) has commissioned thermal and hydro power equipment, with a cumulative capacity of 7,900 MW this fiscal.

The state-run power gear maker had synchronised 8,108 MW capacity in the last fiscal.

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Till March 23 this year, BHEL has commissioned equipment having a total capacity of 7,900 MW, according to a company statement.
Equipment having a cumulative capacity of 1,625 MW, for both thermal and hydro power projects, were commissioned in just 24 hours.

"Four of the projects -- 525 MW Unit-2 of Maithon Power, 500 MW Unit-2 of KPCL Bellary, 500 MW Unit-2 of DVC Durgapur and 100 MW Unit-4 of THDC Koteshwar [Hydro] -- were synchronised and achieved full load in just 24 hours," it said.

The Maithon and the KPCL Bellary projects are in Jharkhand, while the DVC Durgapur project is in West Bengal. The THDC Koteshwar plant is in Uttarakhand.

BHEL received total orders of 31,560 MW for power plant equipment during 2009-10 and 2010-11.

The company has the capability to deliver 15,000 MW per annum and further augmentation to 20,000 MW per annum is underway.

ref:
http://www.business-standard.com/india/news/bhel-commissions-power-gear7900-mw-capacity/161398/on

Saturday, March 24, 2012

BHEL creates a new record; Adds 1,625 MW of power generating capacity to the National Grid in last 24 hours

Bharat Heavy Electricals Limited (BHEL) has achieved a new landmark in capacity addition with four of its projects viz. 525 MW Unit-2 of Maithon Power, 500 MW Unit-2 of KPCL Bellary, 500 MW Unit-2 of DVC Durgapur and 100 MW Unit-4 of THDC Koteshwar (Hydro) getting synchronized and achieving full load in the last 24 hours.

With this, the total power project capacity commissioned by BHEL in the current year till 23rd March, 2012 stands at 7,900 MW.

BHEL has fully established state-of-the-art technology for manufacture of thermal sets up to 600 MW rating in the sub-critical range and has the capability to manufacture sets up to 1,000 MW rating. The company has also equipped itself to produce 660 MW / 700 MW / 800 MW thermal sets with supercritical parameters, and is shoring up its capability for higher rating Hydro sets and advanced class Gas Turbines to cater to upcoming market requirements.

BHEL has been committed to the nation’s power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower. The company has established the capability to deliver 15,000 MW per annum and further augmentation to 20,000 MW per annum is underway.

ref:
http://www.bhel.com/press_release/press_pop.php?press_id=526

Friday, March 23, 2012

BHEL - Flash Results of BHEL for the year ended March 31, 2012

Bharat Heavy Electricals Ltd has informed BSE that:

"It is customary on the part of BHEL, to announce tentative financial performance for the financial year immediately after its closure.

A Press Conference in this regard will be held on April 03, 2012, at New Delhi to be addressed by Chairman & Managing Director of BHEL to declare the Flash Results for the Year 2011-12. The said results shall also be faxed/ couriered to stock exchanges simultaneously pursuant to Clause 36 of the Listing Agreement."

ref:
http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=535035

Tuesday, March 20, 2012

BHEL gets Rs 630 cr equipment order from private Power Company

BHEL today said it has bagged Rs 630 crore contract from a private power company, Abhijeet Projects, for setting up a thermal plant at Vishakhapatnam in Andhra Pradesh.

"BHEL has signed a contract with Abhijeet Projects Ltd, an Independent Power Producer (IPP) for setting up a 300 MW thermal power plant in Visakhapatnam," a BHEL statement said.

Valued at Rs 630 crore, the contract includes design, engineering, manufacture and commissioning of Boilers, Steam Turbines and Turbo-Generators.

BHEL is also executing a contract for supply and installation of the main plant package (boilers, turbines and generators) for Abhijeet Projects' 1,080 MW coal-based Matrishri Usha Jayaswal Mega Power Plant, located at Latehar district of Jharkhand, near Ranchi.

In the previous two financial years, BHEL has received 71 percent of their power plant equipment orders from IPPs.

Of the total orders for 31,560 MW power plant equipment received by BHEL during 2009-10 and 2010-11, the ones received from IPPs alone accounted for 22,369 MW.
ref:
http://zeenews.india.com/business/news/companies/bhel-gets-rs-630-cr-equipment-order-from-private-power-company_44198.html

Friday, March 16, 2012

BHEL pays 136% interim dividend for fiscal 2011-12

Bharat Heavy Electricals Ltd (BHEL) has declared an interim dividend of 136% for fiscal 2011-12 as against 132.5% paid a year ago.

At Rs 665.75 crore, this is the highest-ever interim dividend in percentage as well as value terms declared by the company so far, BHEL said in a statement.

A cheque of Rs 450.85 crore toward interim dividend for the year 2011-12 on 67.72% equity held by the government was presented on Friday to minister for heavy industries and public enterprises Praful Patel by BHEL chairman and managing director B P Rao.

ref:
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/bhel-pays-136-interim-dividend-for-fiscal-2011-12/articleshow/12295510.cms

Tuesday, March 13, 2012

BHEL team to meet NTPC chief for truck release in Bihar

President of the State Federation of Lorry Owners Associations – Tamil Nadu K. Nallathambi said here on Tuesday that a team of officials from the Bharat Heavy Electricals Limited (BHEL) in Tiruchi and Ranipet has left for New Delhi to meet the Chairman of the National Thermal Power Corporation (NTPC) to take necessary steps to release truck drivers and crew from Tamil Nadu who were being held hostage at a village in Bihar.

Mr. Nallathambi told The Hindu that nearly 120 trucks and their crew from various parts of the country, including 60 from Tamil Nadu, were being held hostage by villagers of Nabinagar in Bihar for more than 50 days.

These trucks were transporting material for establishing NTPC's power plants in that village, Mr. Nallathambi said.

ref:
http://www.thehindu.com/news/states/tamil-nadu/article2992097.ece

Bhel, L&T banking on higher import duty this Budget

The Union Budget 2012 might just be the breather that the capital goods sector is looking for as it may see the implementation of an increase in infrastructure spending and a possible levy of import duty on power equipment.

The last few quarters were particularly bad for the sector as it bore the brunt of a slowdown in global economies and sluggish domestic industrial growth. During the April-January period, the capital goods index, which is the barometer of the index, declined by 26 percent due to concerns related to lower public/ private infrastructure spending, input price inflation and rising interest rates.


more at:
http://www.moneycontrol.com/news/budget-news/bhel-lt-bankinghigher-import-duty-this-budget_679665.html

Monday, March 12, 2012

Sixty TN trucks carrying equipment from BHEL stuck in Bihar

A group of trucks carrying equipment for a power plant in Bihar, have been stranded for almost two months now unable to unload their consignment. The president of the State Federation of Lorry Owners Associations-Tamil Nadu (SFLOA-TN) K Nallathampi has said that nearly 60 trucks were carrying equipment from BHEL. “All the 60 trucks carried equipment from Ranipet and Tiruchy units of BHEL for a thermal plant under construction in Nabinagar in Bihar. Even after 57 days, the crew could not unload the consignments as the locals were opposing the power plant. They are suffering without proper food and shelter there,” he told mediapersons here on Sunday.
Nallathampi appealed to the Bihar and the Central governments to intervene on the issue. Moreover, he made a plea to the Tamil Nadu government to ensure the safety of crew members of the stranded trucks.

It was earlier reported that the 1,980 MW Nabinagar Thermal Plant in Aurangabad district of Bihar had to face the ire of locals over several issues including land acquisition. A few months ago, the stalemate was thought to have come to an end. However, it seems that the issue has once again been raked up by local residents.


ref:
http://ibnlive.in.com/news/sixty-tn-trucks-stuck-in-bihar/238306-60-118.html

Saturday, March 10, 2012

Bhel plan delayed on power sector blues

The government’s proposed divestment in Bharat Heavy Electricals Ltd (Bhel), considered by a group of ministers along with that of ONGC, hinges on the outcome of the effort to address the power sector’s problems.

A senior official from the department of disinvestment said the reason for not pushing disinvestment in the company at this juncture was due to the argument by the ministry of heavy industries that the fair value of each Bhel share was around Rs 500, as against the current Rs 300. The lower value, said the official, had been attributed to power sector woes.

more at:
http://www.business-standard.com/india/news/bhel-plan-delayedpower-sector-blues/467330/

Monday, March 5, 2012

Bharat Heavy Electricals Limited : BHEL commissions record 13 MW of Solar Power Plants in 2011-12

Bharat Heavy Electricals Limited (BHEL) has set a new record in its Solar Photovoltaic (PV) business in a single year, by commissioning 13 MW of Solar Power Plants in various parts of the country during the current financial year, marking a significant contribution to the Nation's Green Initiatives.

Solar Power Projects commissioned by the company during the year include a 3 MW Grid Connected Solar Power Plant at Raichur in Karnataka, a 5 MW Plant in Rajasthan, 2 plants of 2 MW each in Maharashtra and over 1 MW in the Lakshadweep Islands. Significantly, all these projects have been commissioned by BHEL on Engineering, Procurement and Construction (EPC) basis.


more at:
http://www.4-traders.com/BHARAT-HEAVY-ELECTRICALS-9743934/news/BHARAT-HEAVY-ELECTRICALS-LIMITED-BHEL-commissions-record-13-MW-of-Solar-Power-Plants-in-2011-12-14195970/

Sunday, March 4, 2012

BHEL inks pact with Sankar Foundation BHEL inks pact with Sankar Foundation BHEL inks pact with Sankar Foundation

The Bharat Heavy Electricals Limited entered into an agreement with the Sankar Foundation Eye Hospital here on Saturday to help conducting 300 orbit, ophthalmic plastics and lacrymal surgeries on the BPL patients over the next two years. The assistance is being given under the CSR activities of the BHEL. General Manager in-charge of BHEL's corporate office Ashwini Kumar inaugurated the orbit and ophthalmic plastics department named after BHEL at the eye hospital. Sankar Foundation Eye Hospital has so far performed 1.33 lakh surgeries (85 per cent of them total surgeries) free of cost for the benefit of BPL patients, said HoD of orbit and ophthalmic plastics department Mallajosyula Subrahmanyam and the hospital would be able to extend its services with the help from organisations like BHEL and eradicate preventable blindness.

General Manager of BHPV Murali, AGM of BHEL Raghuraman, Senior Manager (HR) Seetha Lakshmi, chief medical officer of BHPV Aruna Balaji, managing trustee of Sankar Foundation Mani Mala, managing trustee Vijay Kumar, and executive trustee Ram Kumar were present.

ref:
http://www.thehindu.com/news/cities/Visakhapatnam/article2960309.ece

Friday, March 2, 2012

BHEL to pay interim dividend; stock down

Bharat Heavy Electricals (BHEL) to pay Rs 2.72 per share interim dividend. The interim dividend will be paid on March 19, reports CNBC-TV18.
The share has touched an intraday high of Rs 303.50 and an intraday low of Rs 295.50. At 13:32 hrs the share was quoting at Rs 295.90, down Rs 3.15, or 1.05%.

It was trading with volumes of 554,941 shares. In the previous trading session, the share closed down 2.97% or Rs 9.15 at Rs 299.05.

ref:
http://www.moneycontrol.com/news/buzzing-stocks/bhel-to-pay-interim-dividend-stock-down_675895.html

Thursday, March 1, 2012

Power woes delay critical supplies from BHEL

The Federation of Consumer Organizations in Trichy held a lengthy meeting with TNEB officials in Trichy today and threatened to sit on a one-day fast in front the Tennur office on Friday if the power situation in the city did not improve.

The TNEB had earlier announced that the power outage would be reduced to a duration of four hours from the present eight hours contingent upon the two-hour load shedding in Chennai. However, N Balakrishnan, chief engineer (distribution) who looks after seven districts in Trichy region told TOI on Thursday that spreading the supply thinly over the state did not bring the desired results and the department was pursuing a wait and watch policy for a few more days.

more at:
http://timesofindia.indiatimes.com/city/madurai/Power-woes-delay-critical-supplies-from-BHEL/articleshow/12105709.cms