Monday, March 31, 2014

Bhel wins Rs 125 cr order for hydro power project in U'khand

State-owned power equipment maker Bhel has secured Rs 125 crore contract for setting up a 120 MW Hydro Electric Project in Uttarakhand. "Valued at Rs 125 crore, the order for setting up of hydro generating sets and associated electro-mechanical works for the 120 MW Vyasi project has been placed on Bhel by Uttarakhand Jal Vidyut Nigam Ltd," Bhel said in a statement. Located in Dehradun district, the Vyasi power project is a run-of-the-river scheme on the Yamuna. Bhel said the contract envisages design, manufacture, supply, installation and commissioning of hydro generating sets and associated electro mechanical works. While the hydro generating sets will be supplied by Bhel's Bhopal unit, the transformers and Control & Monitoring system will be supplied by the Jhansi unit and Electronics Division, Bangalore respectively. ref: http://www.business-standard.com/article/pti-stories/bhel-wins-rs-125-cr-order-for-hydro-power-project-in-u-khand-114033100331_1.html

Tuesday, March 25, 2014

BHEL bags Rs 3,000 crore order from NTPC

Bharat Heavy Electricals LtdBSE 3.29 % (BHEL) has bagged an order worth nearly Rs 3,000 crore for supply of steam generators for an upcoming power project in Odisha. The state-owned heavy electricals major has received the order from the country's largest power producer NTPCBSE 0.48 % for supply of 2x800 MW steam generators (boilers) with super critical parameters for the project at Darlipali in Odisha. In a statement issued today, BHELBSE 3.29 % said the contract, valued at .. Ref: http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/engineering/bhel-bags-rs-3000-crore-order-from-ntpc/articleshow/32598335.cms

Monday, March 17, 2014

BHEL enters solar wafer business with indigenous tech, Rs 3,000-crore plant

BHEL is looking at expanding its limited footprint in the renewable energy sector by getting into the manufacture of solar wafers. The public sector power equipment major’s initiative marks a welcome start to the country as a whole, since there is no domestic production yet of this key component of solar photovoltaic cells. “We have taken board approval to manufacture solar wafers and are looking at viability gap funding support from the clean energy fund,” BHEL chairman and managing director B Prasada Rao told FE. A plant in Maharashtra’s Sakoli will start manufacturing the solar wafers, apart from photovoltaic cells, modules and solar panels. The company is investing R3,000 crore in the venture. BHEL will use indigenous technology to make the wafers cut from crystalline silicon ingots. This will help reduce the cost of photovoltaic cells, giving a boost to the clean energy segment. The cost of putting up solar power projects is around R8-10 crore per megawatt. Tariff for electricity produced from this route could be R7-8 per unit. more at: http://www.financialexpress.com/news/bhel-enters-solar-wafer-business-with-indigenous-tech-rs-3000crore-plant/1233844

Tuesday, March 4, 2014

BHEL gets award for e-governance efforts

BHOPAL: BHEL, Bhopal has been declared as one of the winners for Excellence Award in e-governance initiatives in Madhya Pradesh for 2012-13. BHEL won in the category - "the best application following best-practices of software development," for the project "online recruitment system," developed by Informatics Centre (IFX) department, BHEL, Bhopal. The award was presented by chief minister Shivraj Singh Chouhan to BHEL Bhopal executive director (ED) S R Prasad and general manager (P and D, IT) Sanjeev Gupta in the presence of IT minister Bhupendra Singh and chief secretary Anthony JC Desa. The award was presented at a glittering function organized by department of IT and Madhya Pradesh Agency for Promotion of Information Technology ( MAPIT), at Bhopal on Tuesday. The first prize comprised a cash award of Rs 1 lakh and a memento and certificate. ref: http://timesofindia.indiatimes.com/BHEL-gets-award-for-e-governance-efforts/articleshow/31452979.cms?

Monday, March 3, 2014

Government sells 4.66% stake in BHEL to LIC

Life Insurance Corporation of India (LIC) on Monday bought a 4.66 per cent stake in Bharat Heavy Electricals Ltd from the government of India in a block deal totalling Rs 18.89 billion, BSE Ltd data shows. LIC bought 114.1 million shares of BHEL at Rs 165.55 each. With the block deal, the government's stake in the capital goods maker has come down to 63.05 per cent. ref: http://economictimes.indiatimes.com/markets/stocks/market-news/government-sells-4-66-stake-in-bhel-to-lic/articleshow/31383273.cms

Sunday, March 2, 2014

BHEL bags Rs 7,900 cr order related to 1,980 MW thermal power project.

State-owned power equipment maker Bhel has bagged a contract worth Rs 7,900 crore related to 1,980 MW thermal power project in Jharkhand. The contract, won through international competitive bidding, is for NTPC's 1,980 MW North Karanpura super thermal power project. The plant will have three units, each having a generation capacity of 660 MW. The EPC (Engineering Procurement and Construction) order is valued at Rs 7,900 crore, Bhel said in a statement today. more at: http://economictimes.indiatimes.com/news/news-by-industry/energy/power/bhel-bags-rs-7900-cr-order-related-to-1980-mw-thermal-power-project/articleshow/31273972.cms