Bharat Heavy Electricals Ltd on Monday secured orders worth Rs 3,368 crore from Chhattisgarh State Electricity Board for supplying and installing power equipments to its projects.
"Bhel would supply and install the Main Plant Package for three 500 MW coal-based units at two power projects in Chhattisgarh," a company statement said.
The company would work towards setting up of a 500 MW unit at Korba West thermal power plant and two 500 MW units at the upcoming Marwa thermal power plant. These units would add 36 million units to the grid on commissioning.
Bhel's contract in the project would include design, engineering, manufacturing, supply, commissioning of steam turbines, generators and boilers.
The state-owned engineering giant manufactured thermal, hydro, gas and nuclear sets generated over five per cent more power in the last fiscal giving boost to power generation in the country.
The power stations equipped with Bhel sets have won maximum Meritorious Productivity Awards from the government.
source:
http://www.ndtvprofit.com/2008/04/28140357/Bhel-bags-Rs-3368-crore-order.html
Monday, April 28, 2008
Saturday, April 26, 2008
India wants BHEL norms for power plant equipments
Mr Jairam Ramesh union minister of state for power & commerce recently said that centre will try to standardize power projects to ensure that only technologies proven in Indian conditions are used.
Hinting at a move against imports of entire plants, he said that power projects with imported equipment are not proving viable. He added that "We found that 20% of the 78,000 MW capacity to be added during the 11th Plan period will have the main plant package imported from China. But the machinery from China already used in West Bengal’s Sagardighi and Durgapur has proved inefficient in operating with Indian coal, which has a high ash content."
Mr Ramesh said that "BHEL has proved itself with 500 MW plant packages and we are insisting that the BHEL standard should be implemented in all Indian power projects." He added that while BHEL is increasing its equipment making capacity from the current 10,000 MW to 15,000 MW by 2011, Larsen & Toubro is setting up a facility of 4000 MW capacity per annum at Hazira.
Alstom & Alsando are already negotiating with the government for boiler making units and the proposed joint venture of power utility NTPC Limited and BHEL of 4000 MW capacity will be commissioned by 2012.
Mr Ramesh said that orders have already been placed for 71,000 MW, but given India’s long term power demand projection, orders for 25,000 MW to 30,000 MW have to be placed every year. The new manufacturing units will be able to make timely delivery of these orders.
Mr Sushil Kumar Shinde union power minister had earlier said that China has 5 or 6 companies meeting the annual capacity addition of nearly 60,000 MW and India needs to learn from the China experience and have more manufacturers to support its power program.
source:
http://steelguru.com/news/index/2008/04/26/NDMyNjk%3D/India_wants_BHEL_norms_for_power_plant_equipments.html
Hinting at a move against imports of entire plants, he said that power projects with imported equipment are not proving viable. He added that "We found that 20% of the 78,000 MW capacity to be added during the 11th Plan period will have the main plant package imported from China. But the machinery from China already used in West Bengal’s Sagardighi and Durgapur has proved inefficient in operating with Indian coal, which has a high ash content."
Mr Ramesh said that "BHEL has proved itself with 500 MW plant packages and we are insisting that the BHEL standard should be implemented in all Indian power projects." He added that while BHEL is increasing its equipment making capacity from the current 10,000 MW to 15,000 MW by 2011, Larsen & Toubro is setting up a facility of 4000 MW capacity per annum at Hazira.
Alstom & Alsando are already negotiating with the government for boiler making units and the proposed joint venture of power utility NTPC Limited and BHEL of 4000 MW capacity will be commissioned by 2012.
Mr Ramesh said that orders have already been placed for 71,000 MW, but given India’s long term power demand projection, orders for 25,000 MW to 30,000 MW have to be placed every year. The new manufacturing units will be able to make timely delivery of these orders.
Mr Sushil Kumar Shinde union power minister had earlier said that China has 5 or 6 companies meeting the annual capacity addition of nearly 60,000 MW and India needs to learn from the China experience and have more manufacturers to support its power program.
source:
http://steelguru.com/news/index/2008/04/26/NDMyNjk%3D/India_wants_BHEL_norms_for_power_plant_equipments.html
Friday, April 25, 2008
BHEL`s power equipments generate 454.6 bn units of power
Power equipments built by state-run Bharat Heavy Electricals (BHEL) registered a record generation of 454.6 billion units of electricity in 2007-08, compared to 432.6 billion units in the year-ago period.
BHEL manufactured thermal, hydro, gas and nuclear sets generated over 5% more power in the last fiscal giving boost to power generation in the country.
The 200-500 mw thermal sets made by BHEL (Q, N,C,F)* boosted the country`s thermal generating capacity.
Shares of the company were last trading up Rs 12.1, or 0.66%, at Rs 1,839. The total volume of shares traded at the BSE was 194,090 (2.42 p.m., Thursday).
Ref:
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080424150014173&dir=2008/04/24&secID=livenews
BHEL manufactured thermal, hydro, gas and nuclear sets generated over 5% more power in the last fiscal giving boost to power generation in the country.
The 200-500 mw thermal sets made by BHEL (Q, N,C,F)* boosted the country`s thermal generating capacity.
Shares of the company were last trading up Rs 12.1, or 0.66%, at Rs 1,839. The total volume of shares traded at the BSE was 194,090 (2.42 p.m., Thursday).
Ref:
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080424150014173&dir=2008/04/24&secID=livenews
Wednesday, April 23, 2008
Order buzz powers Bhel
Meanwhile, the BSE Sensex was down 22.32 points, or 0.13%, to 16,717.01, as disappointing results posted by Bank of America Corp, the largest US retail bank, kept concerns about the fallout of the global credit crisis alive.
On BSE, 2.70 lakh shares were traded in the counter. The scrip had an average daily volume of 2.78 lakh shares in the past one quarter.
The stock hit a high of Rs 1827 and a low of Rs 1755 so far during the day. The stock had a 52-week high of Rs 2925 on 7 November 2007 and a 52-week low of Rs 1197.50 on 11 May 2007.
The large-cap scrip had underperformed the market over the past one month till 21 April 2008, declining 4.05% compared to the Sensex’s return of 11.63%. It had also underperformed the market in the past one quarter, declining 10.67% compared to Sensex’s return of 0.06%.
The company’s current equity is Rs 489.52 crore. Face value per share is Rs 10.
The current price of Rs 1810 discounts its Q3 December 2007 EPS of Rs 63.07, by a PE multiple of 28.70.
On 17 March 2008, Bharat Heavy Electricals (Bhel) secured orders worth around Rs 2,030 crore for an upcoming 1,000-megawatt thermal power project.
On 29 February 2008, Bhel received an order worth Rs 1893 crore from GSPC Pipavav Power Co in western India for a 700 megawatt plant.
On 14 February 2008, the company bagged an order worth Rs 200 crore from Oil & Natural Gas Corporation for supplying oil field equipment.
On 8 February 2007, the company bagged an order worth Rs 3390 crore for setting up two units of 500 megawatt each in a thermal power station in northern Uttar Pradesh.
Bhel’s net profit rose 15.6% to Rs 771.90 crore on 14.4% growth in net sales to Rs 4964.14 crore in Q3 December 2007 over Q3 December 2006.
Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
source:
http://www.ndtvprofit.com/2008/04/22154857/Order-buzz-powers-Bhel.html
On BSE, 2.70 lakh shares were traded in the counter. The scrip had an average daily volume of 2.78 lakh shares in the past one quarter.
The stock hit a high of Rs 1827 and a low of Rs 1755 so far during the day. The stock had a 52-week high of Rs 2925 on 7 November 2007 and a 52-week low of Rs 1197.50 on 11 May 2007.
The large-cap scrip had underperformed the market over the past one month till 21 April 2008, declining 4.05% compared to the Sensex’s return of 11.63%. It had also underperformed the market in the past one quarter, declining 10.67% compared to Sensex’s return of 0.06%.
The company’s current equity is Rs 489.52 crore. Face value per share is Rs 10.
The current price of Rs 1810 discounts its Q3 December 2007 EPS of Rs 63.07, by a PE multiple of 28.70.
On 17 March 2008, Bharat Heavy Electricals (Bhel) secured orders worth around Rs 2,030 crore for an upcoming 1,000-megawatt thermal power project.
On 29 February 2008, Bhel received an order worth Rs 1893 crore from GSPC Pipavav Power Co in western India for a 700 megawatt plant.
On 14 February 2008, the company bagged an order worth Rs 200 crore from Oil & Natural Gas Corporation for supplying oil field equipment.
On 8 February 2007, the company bagged an order worth Rs 3390 crore for setting up two units of 500 megawatt each in a thermal power station in northern Uttar Pradesh.
Bhel’s net profit rose 15.6% to Rs 771.90 crore on 14.4% growth in net sales to Rs 4964.14 crore in Q3 December 2007 over Q3 December 2006.
Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
source:
http://www.ndtvprofit.com/2008/04/22154857/Order-buzz-powers-Bhel.html
Tuesday, April 22, 2008
BHEL able to meet demand of PSU power cos
The government on Tuesday said BHEL has been able to meet demands of state-run power companies, but, there were delays in execution of some projects due to dependency for inputs from multiple agencies.
In a written reply to the Rajya Sabha, Minister of State for Heavy Industries and Public Enterprises Raghunath Jha said Bharat Heavy Electricals has been able to meet demands of public sector power companies for supplying power generating equipment.
He said the main reason for not meeting demand in terms of implementation of power projects is delay in customer inputs and customer approval, change in specifications during execution and infrastructure inadequacies.
"Another reason is shortage of special imported types of raw materials which are not manufactured indigenously and for which there is shortage worldwide due to heavy capacity booking by Chinese companies," he said.
With a view to meeting the growing demand of power equipment and the emerging power capacity requirements in the country, BHEL is taking steps to enhance its power generation equipment manufacturing capacity from 10,000 MW to 15,000 MW per annum by December 2009, Jha added.
source:
http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Power/BHEL_able_to_meet_demand_of_PSU_power_cos/articleshow/2973022.cms
In a written reply to the Rajya Sabha, Minister of State for Heavy Industries and Public Enterprises Raghunath Jha said Bharat Heavy Electricals has been able to meet demands of public sector power companies for supplying power generating equipment.
He said the main reason for not meeting demand in terms of implementation of power projects is delay in customer inputs and customer approval, change in specifications during execution and infrastructure inadequacies.
"Another reason is shortage of special imported types of raw materials which are not manufactured indigenously and for which there is shortage worldwide due to heavy capacity booking by Chinese companies," he said.
With a view to meeting the growing demand of power equipment and the emerging power capacity requirements in the country, BHEL is taking steps to enhance its power generation equipment manufacturing capacity from 10,000 MW to 15,000 MW per annum by December 2009, Jha added.
source:
http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Power/BHEL_able_to_meet_demand_of_PSU_power_cos/articleshow/2973022.cms
Monday, April 21, 2008
Bhel to tie up with pvt firms for Assam project
In a first of its kind, Bharat Heavy Electricals Ltd (Bhel), India’s largest manufacturer of power generation equipment, will partner with the private sector for setting up a power generation project.
The other partners for the 250MW power project to be set up in Cachar district of Assam, at an investment of around Rs1,250 crore, are Engineering Projects India Ltd (EPIL), PTC India Ltd and Gopal Energy Pvt. Ltd (GEPL).
Engineering Projects is a public sector firm.
“We are working on the details of the project,” Bhel chairman and managing director K. Ravi Kumar said.
While Bhel will be the main equipment supplier for the project, it will also take equity stake in the projects along with others.
A PTC executive, who did not want to be identified, confirmed the development and said, “We have been approached for our participation. We are ready for it provided that the price of power is marketable.”
Executives at the other two firms couldn’t immediately be reached for comment.
Initially, this project will have a capacity of 125MW which will subsequently be expanded to 250MW. The coal linkage of around 1.5 million tonnes per annum to the project will be provided by Coal India Ltd.
Bhel has been increasingly looking at opportunities where it can not only generate steady orders for the firm, but also potentially block out emerging rivals. It has already worked out joint venture (JV) arrangements in the public sector, such as its attempt to set up JVs with state government institutions in Maharashtra, Orissa and Uttar Pradesh as reported by Mint on 16 January.
The company has already formed a JV with the Tamil Nadu Electricity Board.
Meanwhile, on the equipment supply front, Bhel has increasingly come under criticism for delays in supplying power generation equipment for projects. This, in turn, led to delays in commissioning such projects.
“The company has already been blamed for its inability to meet its order commitments. In such a situation, how it meets the new requirements is left to be seen,” said K. Ramanathan, fellow at The Energy and Resources Institute.
Bhel aims to become a $10 billion-plus (Rs39,500 crore) company by 2011-12 with a 15,000MW equipment manufacturing capacity by the end of next year.
The company has a current manufacturing capacity of 10,000MW.
The company plans to manufacture equipment totalling 56,000MW by 2012. Ithas an order book position of 31,923MW and 9,775MW of extra equipment from unused stock.
Bhel posted a net profit of Rs2,815 crore on revenue of Rs21,608 crore in 2007-08 and ended the year with an order book position of Rs50,265 crore.
Source:
http://www.livemint.com/2008/04/22001048/Bhel-to-tie-up-with-pvt-firms.html
Ramesh
The Human Search Engine
AllUWanted.com
The other partners for the 250MW power project to be set up in Cachar district of Assam, at an investment of around Rs1,250 crore, are Engineering Projects India Ltd (EPIL), PTC India Ltd and Gopal Energy Pvt. Ltd (GEPL).
Engineering Projects is a public sector firm.
“We are working on the details of the project,” Bhel chairman and managing director K. Ravi Kumar said.
While Bhel will be the main equipment supplier for the project, it will also take equity stake in the projects along with others.
A PTC executive, who did not want to be identified, confirmed the development and said, “We have been approached for our participation. We are ready for it provided that the price of power is marketable.”
Executives at the other two firms couldn’t immediately be reached for comment.
Initially, this project will have a capacity of 125MW which will subsequently be expanded to 250MW. The coal linkage of around 1.5 million tonnes per annum to the project will be provided by Coal India Ltd.
Bhel has been increasingly looking at opportunities where it can not only generate steady orders for the firm, but also potentially block out emerging rivals. It has already worked out joint venture (JV) arrangements in the public sector, such as its attempt to set up JVs with state government institutions in Maharashtra, Orissa and Uttar Pradesh as reported by Mint on 16 January.
The company has already formed a JV with the Tamil Nadu Electricity Board.
Meanwhile, on the equipment supply front, Bhel has increasingly come under criticism for delays in supplying power generation equipment for projects. This, in turn, led to delays in commissioning such projects.
“The company has already been blamed for its inability to meet its order commitments. In such a situation, how it meets the new requirements is left to be seen,” said K. Ramanathan, fellow at The Energy and Resources Institute.
Bhel aims to become a $10 billion-plus (Rs39,500 crore) company by 2011-12 with a 15,000MW equipment manufacturing capacity by the end of next year.
The company has a current manufacturing capacity of 10,000MW.
The company plans to manufacture equipment totalling 56,000MW by 2012. Ithas an order book position of 31,923MW and 9,775MW of extra equipment from unused stock.
Bhel posted a net profit of Rs2,815 crore on revenue of Rs21,608 crore in 2007-08 and ended the year with an order book position of Rs50,265 crore.
Source:
http://www.livemint.com/2008/04/22001048/Bhel-to-tie-up-with-pvt-firms.html
Ramesh
The Human Search Engine
AllUWanted.com
Sunday, April 20, 2008
Tata Power, Bhel to sign long-term sourcing deal
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/
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/
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