In one of the biggest public-private partnership initiative, Tata Power (TPL) will enter into an agreement with state-owned Bhel for sourcing equipment for all its future power projects. This would be the first time a private sector company placing a bulk order for a series of power projects with Bhel.
Speaking to FE, Ravi Kumar, chairman and managing director, Bhel, said a memorandum of understanding (MoU) to formalise the arrangement will be signed shortly between the two Companies.
Kumar said Bhel was also talking with Reliance Power for supplying equipment for its 4,000 mw ultra mega power project at Krishnapatnam in Andhra Pradesh. To begin with, Tata Power would source equipment for a capacity of around 5,000 mw from Bhel through the negotiated route.
The list of power projects under discussions includes the 2000-2400 mw Dehrand thermal power project in Maharashtra, the 1800 mw Maithon thermal project in West Bengal, the 540 mw Naraj Marthapur project in Orissa and the 100 mw Bhira hydro power project in Maharashtra, Kumar said.
He said Bhel is executing the 250 mw Trombay and 1050 mw Maithon power projects of Tata Power. For most of the mega capacity projects like the Dehrand and Maithon power projects, Bhel has offered its 600 mw thermal sets.
Commenting on the development, the minister of state for power Jairam Ramesh said, “I welcome such partnerships as Bhel is the domestic leader in the power equipment business and should be strengthened. A similar mega sized deal is also underway between Reliance Power and Bhel. A team from Reliance Power met me last week and desired to join hands with Bhel for the EPC contract for its Rs 17,000-crore Krishnapatnam project. Such deals will also help in cutting down cheap imports from China, which has affected the growth of the capital goods sector.”
Alongside, the Cabinet is soon expected to clear the proposal for awarding a huge bulk order of around 8000 mw of supercritical sets of NTPC with Bhel on a negotiated basis.
Ramesh said the government doesn’t favour putting Bhel under the adverse competition originating from imports of plant packages, and is taking a protective stand. A policy directive making domestic manufacturing compulsory for all foreign equipment suppliers will be issued shortly.
Source:
http://www.financialexpress.com/news/Tata-Power--Bhel-to-sign-long-term-sourcing-deal/299547/
Showing posts with label human search engine. Show all posts
Showing posts with label human search engine. Show all posts
Sunday, April 20, 2008
Thursday, April 17, 2008
Reverse Auctions at BHEL
BHEL has lot of good brains and many look forward to implement new technologies. The material procured runs into thousands of Crores of Rupees. And many innovative processes are used to reduce procurement cost as well as to use available inventory/resources.
BHEL has implemented many computerised systems and even implemented SAP in 2002/03
BHEL attempted Reverse Auctions way back in early 2000 ( 2004/05 -- I am not sure). It is a great way to apply pressure on suppliers to reduce the price online as they can see the status of their pricing. L1 ( lowest 1 ) or L5 ( Lowest 5) or so.
A good presentation is at
http://www.dgsnd.gov.in/Copy%20of%20REVERSE%20AUCTIONS-PPP.ppt
If you want more info, feel free to write to me at rameshb@vsnl.com
Ramesh
The Human Search Engine
All U Wanted
BHEL has implemented many computerised systems and even implemented SAP in 2002/03
BHEL attempted Reverse Auctions way back in early 2000 ( 2004/05 -- I am not sure). It is a great way to apply pressure on suppliers to reduce the price online as they can see the status of their pricing. L1 ( lowest 1 ) or L5 ( Lowest 5) or so.
A good presentation is at
http://www.dgsnd.gov.in/Copy%20of%20REVERSE%20AUCTIONS-PPP.ppt
If you want more info, feel free to write to me at rameshb@vsnl.com
Ramesh
The Human Search Engine
All U Wanted
Thursday, April 3, 2008
Bhel net rises 17%, plans greater role in nuclear segment
Spurred by a jump in orders, India’s largest power equipment maker Bharat Heavy Electricals Ltd (Bhel) on Thursday reported a 17% growth in net profit for the fiscal year 2007-08 compared with the previous year.
Its net profit was Rs2,815 crore compared with Rs2,415 crore a year ago. The company’s order book rose 41% to Rs50,265 crore and turnover was up 15% at Rs21,608 crore, its highest till date.
“There is a shortage of raw materials, problems in supply chain management and availability of skilled manpower. However, our projects in the 11th Plan period (2007-12) will be on time as we have taken advanced manufacturing action and ordered raw materials,” said K. Ravi Kumar, chairman and managing director.
However, power sector analysts say Bhel will not be able to sustain a growth trajectory in the long term because of increasing competition.
“Bhel will increasingly witness competition from overseas firms, particularly Chinese suppliers. When China’s domestic demands are met, these firms will start dumping in the Indian market as they will have an immense cost advantage,” said a New Delhi-based analyst, who did not want to be identified.
Bhel remains unfazed and proposes to introduce thermal power generator units with new capacities of 270MW, 525MW and 600MW to counter the Chinese threat.
“We are ready to take on international competition,” said Kumar.
He, however, admitted that since the yuan is undervalued, there will be pressure from Chinese companies such as Dongfang Electric Corp. Ltd, Shanghai Electric Power Co. Ltd and Harbin Power Equipment Co. Ltd.
“Currency fluctuation will hurt our margins to a certain extent. However, 40% of our contracts are covered for price fluctuations,” Kumar added.
To meet the increasing demand, Bhel plans to hire around 20,000 employees over the next five years that could even include lateral recruitment.
In another development, Bhel is in talks with Reliance Power Ltd (RPL) of the Reliance-Anil Dhirubhai Ambani Group for supplying equipment to the two 4,000MW projects of RPL at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh.
The company will also start making, in a venture with Nuclear Power Corp. of India Ltd (NPCIL), nuclear-powered turbines and generators with capacities of 1,000MW and 1,600MW. It may also take up engineering, procurement and construction activities in the nuclear power sector.
“We, along with NPCIL, may also partner with an overseas technology provider for the nuclear power business. We are open to even giving them equity.”
Bhel has an annual manufacturing capacity of making power equipment that have a total capacity of 10,000MW, which the company plans to raise to 15,000MW a year by December 2009.
source:
http://www.livemint.com/2008/04/04004721/Bhel-net-rises-17-plans-grea.html
Ramesh
Human Search Engine
http://www.alluwanted.com
Its net profit was Rs2,815 crore compared with Rs2,415 crore a year ago. The company’s order book rose 41% to Rs50,265 crore and turnover was up 15% at Rs21,608 crore, its highest till date.
“There is a shortage of raw materials, problems in supply chain management and availability of skilled manpower. However, our projects in the 11th Plan period (2007-12) will be on time as we have taken advanced manufacturing action and ordered raw materials,” said K. Ravi Kumar, chairman and managing director.
However, power sector analysts say Bhel will not be able to sustain a growth trajectory in the long term because of increasing competition.
“Bhel will increasingly witness competition from overseas firms, particularly Chinese suppliers. When China’s domestic demands are met, these firms will start dumping in the Indian market as they will have an immense cost advantage,” said a New Delhi-based analyst, who did not want to be identified.
Bhel remains unfazed and proposes to introduce thermal power generator units with new capacities of 270MW, 525MW and 600MW to counter the Chinese threat.
“We are ready to take on international competition,” said Kumar.
He, however, admitted that since the yuan is undervalued, there will be pressure from Chinese companies such as Dongfang Electric Corp. Ltd, Shanghai Electric Power Co. Ltd and Harbin Power Equipment Co. Ltd.
“Currency fluctuation will hurt our margins to a certain extent. However, 40% of our contracts are covered for price fluctuations,” Kumar added.
To meet the increasing demand, Bhel plans to hire around 20,000 employees over the next five years that could even include lateral recruitment.
In another development, Bhel is in talks with Reliance Power Ltd (RPL) of the Reliance-Anil Dhirubhai Ambani Group for supplying equipment to the two 4,000MW projects of RPL at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh.
The company will also start making, in a venture with Nuclear Power Corp. of India Ltd (NPCIL), nuclear-powered turbines and generators with capacities of 1,000MW and 1,600MW. It may also take up engineering, procurement and construction activities in the nuclear power sector.
“We, along with NPCIL, may also partner with an overseas technology provider for the nuclear power business. We are open to even giving them equity.”
Bhel has an annual manufacturing capacity of making power equipment that have a total capacity of 10,000MW, which the company plans to raise to 15,000MW a year by December 2009.
source:
http://www.livemint.com/2008/04/04004721/Bhel-net-rises-17-plans-grea.html
Ramesh
Human Search Engine
http://www.alluwanted.com
Tuesday, April 1, 2008
Manpower at BHEL
I worked 18 years (1981-1999) with Electronics Div,BHEL, Baangalore and have come across many brilliant Engineers. As many Engineering graduates look for IT jobs these days, it becomes difficult for manufacturing sector to attract engineers interested in core engineering. However, BHEL manages to get excellent Engineer trainees and are able to hold them too. Hats off to the BHEL.
While we work at BHEL, we may complain about many things, including salary. But if you take out the salary part of it, BHEL is a great place to work at. If you have ideas, there is no limitation to implement your ideas.
I was lucky to have many bosses, who were open to ideas. And I had great company of excellent colleagues. While some cream left BHEL -Udayan Banerjee ( now a VP at NIIT, India), Sastry ( surprisingly took early retirement from Infosys), Raghavan ( now CEO of Honeywell, India ?? ), Shagrithaya, P. Chandrasekhar, ( now in Honeywell) many others like Nandakumar Kamath, Ravindran, Thamendran, Baliga, Rawat etc continue to be loyal to BHEL.
I love BHEL and I learned a lot from BHEL. I look forward to see how I can get involved again with BHEL as a vendor! Or probably help the wards of BHEL employees !!!!
Ramesh
I still remember my staff number after 9 years - 3775739 !!
While we work at BHEL, we may complain about many things, including salary. But if you take out the salary part of it, BHEL is a great place to work at. If you have ideas, there is no limitation to implement your ideas.
I was lucky to have many bosses, who were open to ideas. And I had great company of excellent colleagues. While some cream left BHEL -Udayan Banerjee ( now a VP at NIIT, India), Sastry ( surprisingly took early retirement from Infosys), Raghavan ( now CEO of Honeywell, India ?? ), Shagrithaya, P. Chandrasekhar, ( now in Honeywell) many others like Nandakumar Kamath, Ravindran, Thamendran, Baliga, Rawat etc continue to be loyal to BHEL.
I love BHEL and I learned a lot from BHEL. I look forward to see how I can get involved again with BHEL as a vendor! Or probably help the wards of BHEL employees !!!!
Ramesh
I still remember my staff number after 9 years - 3775739 !!
Friday, March 28, 2008
Don't see slowdown in capital goods industry: BHEL
CS Varma, CFO, BHEL said that their current order book stands at Rs 81,856 crore and that they have a total capex of Rs 4200 crore over the next two years.
Speaking to CNBC-TV18, Varma said he sees no slowdown in the capital goods industry. According to him, they are the only bidders for NTPC’s bar extension programme and they may bag the order soon. He added that they have bagged orders to the tune of 38385 megawatts.
Excerpts of CNBC-TV18’s exclusive interview with CS Varma:
Q: The last IIP numbers that came out said that the capital goods industry has grown at just 2.1%, it was something that was sharply lower than it’s comparative figures. In your assessment, are you sensing a slowdown in the industry and order intake at this point of time or do you think that this was just one of, as a blip?
A: Not at all, in fact, for the purpose of proper comparison we have to take the figures for the year as a whole and not some periodic figure. So a proper comparison will be when we take the figures of the year as a whole. I have given you the brief synopsis of how BHEL is booming and it is playing a major part in the power sector. Power sector is a very important sector in the total infrastructure sector in the Indian economy.
Q: How does this translate into what your order book is currently standing at and how do you think that this would grow, going into FY09?
A: As on date, our order book position in financial terms is at Rs 81,856 crore. The power sector accounts for a majority of the orders which is about Rs 70,000 crore, the industry sector is about Rs 8300 crore and international operation is about Rs 4200 crore. I have already mentioned that the capacity addition programme of the Government of India, in the 11th 5-year Plan is 79725-megawatt. Out of this, the bulk of the orders have already been placed. Except for 9800-megawatts, all the order is complete and BHEL has secured orders in physical terms of 38,385-megawatt which constitutes about 55% of the total orders placed in power sector.
Q: You mentioned the industrial segment, spares and services, R&D, international operations, will all those make an increased contribution to your revenues for the year ahead before the 12th year plan orders start kicking in?
A: We are already having a strategic plan for the terminal year which is 2011-2012 whereby we have envisaged the role of power sector, industry sector, international operations. Power sector is booming, at the same time our industry sector is also keeping pace with the growth of industry in India.
Q: How much would its contribution to your revenues go up by?
A: About 25% is being contributed by the industry sector.
Q: Specifically in terms of rupee-crore, between now and 2009-2010, what is the outlay that BHEL has in terms of capital spending?
A: About our capital investment programme, our capex is Rs 4,200 crore. As far as the rupee movement is concerned, we are having a natural hedge. Our imports and exports are more or less equal and as a matter of strategy, we have taken a decision to put all our inflows in the EFC account. Now the government of India has permitted interest payment, in a limited way, in the inflows being put in this account. Thus there is a natural hedge but we are also having a foreign exchange policy approved by the board of directors of BHEL. So as and when there is a benchmark limit which is reached, we take option cover including, the vanilla cover.
Q: We believe that you have emerged as a lowest cost bidder for NTPC and SEB orders on the super critical units and you believe to be in talks with two state governments as well to pick up equity stakes in power plants based on the super critical technology. What is the kind of investment that is likely there and when is it likely to actually take full shape?
A: Our capex programme for the eleventh 5-year plan is Rs 4,200 crore and this takes into account our investment in the super critical technology also. Now we are bidding and we are likely to get the orders.
We are already L1, we are the only bidder in case of the bar extension project of NTPC and I think the order is likely to be placed very shortly. We have also bid in the Apgenco Krishnapatanam. Earlier we were the loan bidders, but then since we were the loan bidders, the bid was cancelled. Now they had again invited bids where we have bid along with one more bidder L&T.
The evaluation is under process and I think BHEL will come out as a winner. This order, if it is coming to BHEL, will come in the first quarter of the next financial year. Besides we are also going through the JV route, we have formed a JV in association with the TNEB.
Q: One very big concern that analysts have with regards to your company is the concern over super critical technology and the kind of contracts that you have tied up to that effect. Is that a concern at BHEL?
A: Not at all, in fact, all our future technologies are super critical only. As per the estimates given by the Planning Commission, a 10% capacity addition programme in the 11th 5-year plan will be based upon super critical. This 10% will go to 70% in the 12th 5-year plan. We are fully geared up to face this challenge.
ref:
http://www.moneycontrol.com/india/news/market-outlook/dont-see-slowdowncapital-goods-industry-bhel/15/22/331740
Speaking to CNBC-TV18, Varma said he sees no slowdown in the capital goods industry. According to him, they are the only bidders for NTPC’s bar extension programme and they may bag the order soon. He added that they have bagged orders to the tune of 38385 megawatts.
Excerpts of CNBC-TV18’s exclusive interview with CS Varma:
Q: The last IIP numbers that came out said that the capital goods industry has grown at just 2.1%, it was something that was sharply lower than it’s comparative figures. In your assessment, are you sensing a slowdown in the industry and order intake at this point of time or do you think that this was just one of, as a blip?
A: Not at all, in fact, for the purpose of proper comparison we have to take the figures for the year as a whole and not some periodic figure. So a proper comparison will be when we take the figures of the year as a whole. I have given you the brief synopsis of how BHEL is booming and it is playing a major part in the power sector. Power sector is a very important sector in the total infrastructure sector in the Indian economy.
Q: How does this translate into what your order book is currently standing at and how do you think that this would grow, going into FY09?
A: As on date, our order book position in financial terms is at Rs 81,856 crore. The power sector accounts for a majority of the orders which is about Rs 70,000 crore, the industry sector is about Rs 8300 crore and international operation is about Rs 4200 crore. I have already mentioned that the capacity addition programme of the Government of India, in the 11th 5-year Plan is 79725-megawatt. Out of this, the bulk of the orders have already been placed. Except for 9800-megawatts, all the order is complete and BHEL has secured orders in physical terms of 38,385-megawatt which constitutes about 55% of the total orders placed in power sector.
Q: You mentioned the industrial segment, spares and services, R&D, international operations, will all those make an increased contribution to your revenues for the year ahead before the 12th year plan orders start kicking in?
A: We are already having a strategic plan for the terminal year which is 2011-2012 whereby we have envisaged the role of power sector, industry sector, international operations. Power sector is booming, at the same time our industry sector is also keeping pace with the growth of industry in India.
Q: How much would its contribution to your revenues go up by?
A: About 25% is being contributed by the industry sector.
Q: Specifically in terms of rupee-crore, between now and 2009-2010, what is the outlay that BHEL has in terms of capital spending?
A: About our capital investment programme, our capex is Rs 4,200 crore. As far as the rupee movement is concerned, we are having a natural hedge. Our imports and exports are more or less equal and as a matter of strategy, we have taken a decision to put all our inflows in the EFC account. Now the government of India has permitted interest payment, in a limited way, in the inflows being put in this account. Thus there is a natural hedge but we are also having a foreign exchange policy approved by the board of directors of BHEL. So as and when there is a benchmark limit which is reached, we take option cover including, the vanilla cover.
Q: We believe that you have emerged as a lowest cost bidder for NTPC and SEB orders on the super critical units and you believe to be in talks with two state governments as well to pick up equity stakes in power plants based on the super critical technology. What is the kind of investment that is likely there and when is it likely to actually take full shape?
A: Our capex programme for the eleventh 5-year plan is Rs 4,200 crore and this takes into account our investment in the super critical technology also. Now we are bidding and we are likely to get the orders.
We are already L1, we are the only bidder in case of the bar extension project of NTPC and I think the order is likely to be placed very shortly. We have also bid in the Apgenco Krishnapatanam. Earlier we were the loan bidders, but then since we were the loan bidders, the bid was cancelled. Now they had again invited bids where we have bid along with one more bidder L&T.
The evaluation is under process and I think BHEL will come out as a winner. This order, if it is coming to BHEL, will come in the first quarter of the next financial year. Besides we are also going through the JV route, we have formed a JV in association with the TNEB.
Q: One very big concern that analysts have with regards to your company is the concern over super critical technology and the kind of contracts that you have tied up to that effect. Is that a concern at BHEL?
A: Not at all, in fact, all our future technologies are super critical only. As per the estimates given by the Planning Commission, a 10% capacity addition programme in the 11th 5-year plan will be based upon super critical. This 10% will go to 70% in the 12th 5-year plan. We are fully geared up to face this challenge.
ref:
http://www.moneycontrol.com/india/news/market-outlook/dont-see-slowdowncapital-goods-industry-bhel/15/22/331740
Thursday, March 27, 2008
BHEL: Powerhouse
If the recommendations of the Sixth Pay Commission are fully implemented, there would be an incremental burden on the exchequer of Rs 7,975 crore each year. The panel is set up every 10 years to review the emoluments and pay of Central government employees.
Following the development, most Central PSUs will feel the blow of rising staff costs in their financials to some extent. Bharat Heavy Electricals (Bhel), India's largest power equipment maker, is expected to see a decline of 50 basis points in its operating profit margins for every 5% rise in wage costs, analyst Vinod Chari of Credit Suisse Group said in a note to clients on Wednesday.
Chari cut Bhel's share price target by 13% in the next 12 months to Rs 2,714 and has cut the earnings per share estimates for the year ending March 2010 by 8%, on anticipation that wages may climb 40% from 30% expected earlier.
Another concern for Bhel lately has been the dumping (as the currency is undervalued) by Chinese companies. The price difference is said to be up to 20%.
However, Bhel maintains that its equipment are relatively better than those of rivals and that the plant load factor of its projects is 90% as against 60% in case of Chinese equipment.
While the Sixth Pay Commission brings with itself some form of margin pressure for Bhel, the good part is that the company is experiencing robust order inflows. Bhel's new products, new technology and new captive power clients or independent power producers are driving order inflows.
Bhel is currently sitting on an order book of over Rs 82,000 crore, which reflects a 49% YoY growth led, by order intake of Rs 11,000 in Q4FY08 on new order flows. Revenues for the quarter increased 14% YoY to Rs 4,964.14 crore, while net profit increased by 15.6% to Rs 771.9 crore.
Bhel is expected to perform well in future, given its robust order book, access to super critical orders and efforts to improve competitiveness.
The stock has outperformed the broader Sensex and appreciated by 73.4% against the Sensex's increase of 22.5% in the past one year. At Rs 1,954.95, the stock trades at 22.4 and 18.03 times its estimated earnings for 2009 and 2010, respectively. It is a good pick in its space.
Under license from www.3dsyndication.com
ref:
http://sify.com/finance/fullstory.php?id=14630977
Following the development, most Central PSUs will feel the blow of rising staff costs in their financials to some extent. Bharat Heavy Electricals (Bhel), India's largest power equipment maker, is expected to see a decline of 50 basis points in its operating profit margins for every 5% rise in wage costs, analyst Vinod Chari of Credit Suisse Group said in a note to clients on Wednesday.
Chari cut Bhel's share price target by 13% in the next 12 months to Rs 2,714 and has cut the earnings per share estimates for the year ending March 2010 by 8%, on anticipation that wages may climb 40% from 30% expected earlier.
Another concern for Bhel lately has been the dumping (as the currency is undervalued) by Chinese companies. The price difference is said to be up to 20%.
However, Bhel maintains that its equipment are relatively better than those of rivals and that the plant load factor of its projects is 90% as against 60% in case of Chinese equipment.
While the Sixth Pay Commission brings with itself some form of margin pressure for Bhel, the good part is that the company is experiencing robust order inflows. Bhel's new products, new technology and new captive power clients or independent power producers are driving order inflows.
Bhel is currently sitting on an order book of over Rs 82,000 crore, which reflects a 49% YoY growth led, by order intake of Rs 11,000 in Q4FY08 on new order flows. Revenues for the quarter increased 14% YoY to Rs 4,964.14 crore, while net profit increased by 15.6% to Rs 771.9 crore.
Bhel is expected to perform well in future, given its robust order book, access to super critical orders and efforts to improve competitiveness.
The stock has outperformed the broader Sensex and appreciated by 73.4% against the Sensex's increase of 22.5% in the past one year. At Rs 1,954.95, the stock trades at 22.4 and 18.03 times its estimated earnings for 2009 and 2010, respectively. It is a good pick in its space.
Under license from www.3dsyndication.com
ref:
http://sify.com/finance/fullstory.php?id=14630977
Monday, March 24, 2008
Bhel plans capacity expansion in Trichy
Chennai, March 23 Bharat Heavy Electricals Limited (Bhel) at Tiruchirappalli in Tamil Nadu has embarked on a major capacity augmentation scheme. It has invested Rs 190 crore on equipment to produce 10,000 mw of power capacity equivalent per year and will be investing Rs 732 crore to further enhance the capacity to15,000 mw.
The initiatives are in line with the Central Electricity Authority’s capacity addition target of 78,577 mw for the Eleventh Plan, the company said here. Bhel Tiruchirappalli, which has achieved a record turnover of Rs 4,607 crore during fiscal 2006-07 with an all-time high profit before tax of Rs 872 crore, has now spruced up its construction activity to complete the second phase of its capacity augmentation scheme at an investment of
Rs 732 crore.
The second phase of expansion will be completed by March 2009, said a senior official of the company. The first phase was completed within a very short period at an estimated cost of Rs 190 crore, the official added.
According to the official, Bhel is setting up facilities to make 800 mw/1,000 mw super critical boilers at its Trichy plant.
The on-going phase-II will now focus on raising the overall installed capacity through the introduction of 75 types of high productive machines, the official said.
The total covered shop floor area, with associated office buildings, machinery, material handing, testing and support facilities added in the two phases will be around 1.25 million sq ft (around 1,12,000 sq m), the official added.
Reported at: http://www.financialexpress.com/news/Bhel-plans-capacity-expansion-in-Trichy/287669/
The initiatives are in line with the Central Electricity Authority’s capacity addition target of 78,577 mw for the Eleventh Plan, the company said here. Bhel Tiruchirappalli, which has achieved a record turnover of Rs 4,607 crore during fiscal 2006-07 with an all-time high profit before tax of Rs 872 crore, has now spruced up its construction activity to complete the second phase of its capacity augmentation scheme at an investment of
Rs 732 crore.
The second phase of expansion will be completed by March 2009, said a senior official of the company. The first phase was completed within a very short period at an estimated cost of Rs 190 crore, the official added.
According to the official, Bhel is setting up facilities to make 800 mw/1,000 mw super critical boilers at its Trichy plant.
The on-going phase-II will now focus on raising the overall installed capacity through the introduction of 75 types of high productive machines, the official said.
The total covered shop floor area, with associated office buildings, machinery, material handing, testing and support facilities added in the two phases will be around 1.25 million sq ft (around 1,12,000 sq m), the official added.
Reported at: http://www.financialexpress.com/news/Bhel-plans-capacity-expansion-in-Trichy/287669/
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