BHEL's Rs 1,300-crore R&D plan

Bharat Heavy Electricals Ltd (BHEL) will invest about Rs 1,300 crore towards Research & Development in the current fiscal. “During 2012-13, the company-wide R&D investment went up to Rs 1,248 crore, which was an increase of 4.1% over the previous year. This year also, the spend will be in the range of 4% over last year’s amount,” said S Sekar, General Manager, BHEL Corporate R&D. The products that were developed in-house have contributed Rs 9,643 crore, which was 19.3% of the turnover, to BHEL’s overall turnover last year. During the year under review, the R&D division had filed 385 intellectual property rights and copyrights. Meanwhile, in a bid to devise long-term R&D framework, BHEL said it has constituted a high-level R&D Advisory Council (RDAC), comprising the principal scientific advisor, director general of CSIR, chairman, Central Electricity Authority and many senior experts. BHEL has developed a solar thermal sun tracker to increase power output from the PV panels. ref: http://newindianexpress.com/business/news/BHELs-Rs-1300-crore-RD-plan/2013/04/17/article1548474.ece