BHEL to step up focus on high-value assignments

Amid intensifying competition in the power generation equipment business, the Rs 49,510 crore Bharat Heavy Electricals Ltd (BHEL) plans to step up its share of high-value EPC (engineering, procurement, construction) jobs over the next five years against its mainstay BTG (boiler, turbine generator) orders in the power sector, which form an overwhelming proportion its turnover. EPC jobs entail the entire gamut of project work, including civil engineering and equipment supply, while BTG packages are essentially restricted to the supply of main plant gear — boilers and turbines — for a project. Over the previous five years, the EPC content that BHEL has been executing is pegged around 20 per cent of its total jobs while 80 per cent of the firm’s assignments were BTG jobs. more at: http://www.indianexpress.com/news/bhel-to-step-up-focus-on-highvalue-assignments/993543/