GE-Hitachi Nuclear Energy has announced that it has signed deals with two major Indian companies that could lay the groundwork for construction of "multiple" GE boiling water reactors in that country, according to a report.
The report stated that it has inked "preliminary agreements" with Mumbai-based Nuclear Power Corporation of India (NPCIL) and Bharat Heavy Electricals Ltd.
Under the agreements, the three companies will begin planning for the necessary resources in manufacturing and construction management for a potential multiple-unit Advanced Boiling Water Reactor (ABWR) nuclear power station.
ref:
http://www.indiainfoline.com/news/innernews.asp?storyId=100002&lmn=1
Monday, April 27, 2009
Friday, April 24, 2009
BHEL pushing for joint ventures in forging
Upbeat on the future prospects of the power industry and a bugling order book in its kitty, Bharat Heavy Electricals Ltd. (BHEL) on Friday indicated that it was actively exploring the possibility of picking up equity in domestic casting and forging ventures or buy them from the East European market to enhance its manufacturing capacity.
The company has set a target to enhance its capacity to 20,000 MW by 2012 to meet the increasing orders from domestic and international customers. The company, which is looking aggressively for a technology partner in Europe, is also planning to speed up manufacturing through its forging joint venture with U.K.-based Sheffield.
“We are looking at three possibilities — jacking up our forging manufacturing capacity with Sheffield, sourcing from the East European countries for our short-term requirement or take equity in joint ventures for casting and forging,” BHEL Chairman and Managing Director K. Ravi Kumar told reporters here.
BHEL has tied-up with U.K.-based Sheffield (Forgemasters) on a technology transfer basis for manufacturing forging.
ref:
http://www.hindu.com/2009/04/25/stories/2009042551601600.htm
The company has set a target to enhance its capacity to 20,000 MW by 2012 to meet the increasing orders from domestic and international customers. The company, which is looking aggressively for a technology partner in Europe, is also planning to speed up manufacturing through its forging joint venture with U.K.-based Sheffield.
“We are looking at three possibilities — jacking up our forging manufacturing capacity with Sheffield, sourcing from the East European countries for our short-term requirement or take equity in joint ventures for casting and forging,” BHEL Chairman and Managing Director K. Ravi Kumar told reporters here.
BHEL has tied-up with U.K.-based Sheffield (Forgemasters) on a technology transfer basis for manufacturing forging.
ref:
http://www.hindu.com/2009/04/25/stories/2009042551601600.htm
Tuesday, April 21, 2009
BHEL eyes forgings venture in Europe and China -Chairman
Bharat Heavy Electricals is mulling to pick up equity stake or even buy out forgings ventures in Eastern Europe and China.
The report quoted Mr K Ravi Kumar chairman & MD of BHEL as saying that the company was looking at a Romanian firm and others in East Europe. He also said that Chinese firms are also being looked at.
He further said that the company was also keeping its options open on the idea of picking up stake in the proposed Areva-Bharat Forge forgings venture.
Sources disclosed that the company would be dispatching a high level delegation next month to finalize a possible target in these regions. It added that by adopting this strategy, BHEL aims at blocking some capacity to tide over a shortage of forgings and casting being faced by the company.
(Sourced from myiris.com)
ref:
http://steelguru.com/news/index/2009/04/22/OTEzMDI%3D/BHEL_eyes_forgings_venture_in_Europe_and_China_-Chairman.html
The report quoted Mr K Ravi Kumar chairman & MD of BHEL as saying that the company was looking at a Romanian firm and others in East Europe. He also said that Chinese firms are also being looked at.
He further said that the company was also keeping its options open on the idea of picking up stake in the proposed Areva-Bharat Forge forgings venture.
Sources disclosed that the company would be dispatching a high level delegation next month to finalize a possible target in these regions. It added that by adopting this strategy, BHEL aims at blocking some capacity to tide over a shortage of forgings and casting being faced by the company.
(Sourced from myiris.com)
ref:
http://steelguru.com/news/index/2009/04/22/OTEzMDI%3D/BHEL_eyes_forgings_venture_in_Europe_and_China_-Chairman.html
Sunday, April 19, 2009
BHEL thermal sets generate more power in 2008-09
Power generation in the country received a boost, with BHEL built thermal sets generating over 4% more power in fiscal 2008-09 as compared to the previous fiscal.
During the year, these sets registered a record generation of 403.43 billion units of electricity against 387.71 billion units in the year before. Significantly, this constituted 79% of the total power generated in the country from coal-based thermal sets.
Consistently exceeding the national average efficiency parameters in 2008-09 also, BHEL manufactured thermal sets achieved the highest ever operating availability of 88.2% while the plant load factor at 80.1% was 3.1% higher than the national average.
The report added that BHEL made 200 to 500 MW thermal sets, which form the backbone of the country's thermal generating capacity, operated at an all-time high OA of 91% and an impressive PLF of 84.3%. Notably, 77 BHEL make thermal sets of various ratings operated at a PLF of over 90% and 141 sets achieved an OA of more than 90%. During 2008-09, the installed capacity of BHEL supplied utility sets went up to 87,646 MW and the company maintained its share of 64% in the country's total installed capacity of 1,38,175 MW.
ref:
http://steelguru.com/news/index/2009/04/19/OTA3Mzk%3D/BHEL_thermal_sets_generate_more_power_in_2008-09.html
During the year, these sets registered a record generation of 403.43 billion units of electricity against 387.71 billion units in the year before. Significantly, this constituted 79% of the total power generated in the country from coal-based thermal sets.
Consistently exceeding the national average efficiency parameters in 2008-09 also, BHEL manufactured thermal sets achieved the highest ever operating availability of 88.2% while the plant load factor at 80.1% was 3.1% higher than the national average.
The report added that BHEL made 200 to 500 MW thermal sets, which form the backbone of the country's thermal generating capacity, operated at an all-time high OA of 91% and an impressive PLF of 84.3%. Notably, 77 BHEL make thermal sets of various ratings operated at a PLF of over 90% and 141 sets achieved an OA of more than 90%. During 2008-09, the installed capacity of BHEL supplied utility sets went up to 87,646 MW and the company maintained its share of 64% in the country's total installed capacity of 1,38,175 MW.
ref:
http://steelguru.com/news/index/2009/04/19/OTA3Mzk%3D/BHEL_thermal_sets_generate_more_power_in_2008-09.html
Thursday, April 16, 2009
BHEL orders touch new high in 2008-09
Bharat Heavy Electricals received new orders worth INR 59,700 crore during the year ended March 31st 2009, it’s highest in a year and 20% more than the previous fiscal. This has come about even as there is a slowdown in the economy.
BHEL’s capital goods sector is considered a bellwether for manufacturing sector and high supply orders indicate better prospects for the economy going forward. The latest order book position of other capital goods firms are yet to be made public but BHEL can be considered a lead indicator for the sector.
The public sector capital goods major’s new orders were more than twice its revenues in 2008-09. As per the provisional financial data announced last week, BHEL’s order backlog has now reached INR 1,17,000 crore (USD 23 billion) 37% more than what it was during the same period in the previous year. The total order book is equivalent to nearly four and a half times the sales for the year. Growth in order book was even higher than the 29% growth in total revenues, which stood at INR 27,500 crore for 2008-09.
About 75% of the new orders for BHEL came from power sector, equivalent to 17,000 mw of generation capacity. Interestingly, the company’s export orders increased 41% to INR 3,265 crore, despite a near-recessionary global economic scenario.
Some of the significant orders for the year were for supercritical range of equipment having 660 mw and 800 mw capacity. BHEL has also received orders for generators from Nuclear Power Corporation of India for 700 MW nuclear reactors and a high value order of INR 5,040 crore from Jindal Power for setting 2,400 mw power plant.
The rising order book also comes as a challenge for the company which would need to ramp up its capacity to meet the supply contracts.
(Sourced from Economic Times)
ref:
http://steelguru.com/news/index/2009/04/16/OTAzMTY%3D/BHEL_orders_touch_new_high_in_2008-09.html
BHEL’s capital goods sector is considered a bellwether for manufacturing sector and high supply orders indicate better prospects for the economy going forward. The latest order book position of other capital goods firms are yet to be made public but BHEL can be considered a lead indicator for the sector.
The public sector capital goods major’s new orders were more than twice its revenues in 2008-09. As per the provisional financial data announced last week, BHEL’s order backlog has now reached INR 1,17,000 crore (USD 23 billion) 37% more than what it was during the same period in the previous year. The total order book is equivalent to nearly four and a half times the sales for the year. Growth in order book was even higher than the 29% growth in total revenues, which stood at INR 27,500 crore for 2008-09.
About 75% of the new orders for BHEL came from power sector, equivalent to 17,000 mw of generation capacity. Interestingly, the company’s export orders increased 41% to INR 3,265 crore, despite a near-recessionary global economic scenario.
Some of the significant orders for the year were for supercritical range of equipment having 660 mw and 800 mw capacity. BHEL has also received orders for generators from Nuclear Power Corporation of India for 700 MW nuclear reactors and a high value order of INR 5,040 crore from Jindal Power for setting 2,400 mw power plant.
The rising order book also comes as a challenge for the company which would need to ramp up its capacity to meet the supply contracts.
(Sourced from Economic Times)
ref:
http://steelguru.com/news/index/2009/04/16/OTAzMTY%3D/BHEL_orders_touch_new_high_in_2008-09.html
Wednesday, April 15, 2009
Bhel gives 2 contracts to joint venture with NTPC
Bharat Heavy Elactricals (Bhel) has passed on two of its contracts to its manufacturing joint venture with NTPC.
The joint venture, NTPC-Bhel Power Projects (NBPPL), will do the engineering, procurement and construction works at the 700-mw combined cycle gas turbine-based power project in Tripura. The contract for the Tripura project, valued at around Rs 2,200 crore, was last year awarded to Bhel. The other contract is for a gas-based power project.
complete article at:
http://www.mydigitalfc.com/companies/bhel-gives-2-contracts-joint-venture-ntpc-790
The joint venture, NTPC-Bhel Power Projects (NBPPL), will do the engineering, procurement and construction works at the 700-mw combined cycle gas turbine-based power project in Tripura. The contract for the Tripura project, valued at around Rs 2,200 crore, was last year awarded to Bhel. The other contract is for a gas-based power project.
complete article at:
http://www.mydigitalfc.com/companies/bhel-gives-2-contracts-joint-venture-ntpc-790
Thursday, April 9, 2009
BHEL to invest Rs 900 cr on R&D
Bharat Heavy Electricals Ltd (BHEL) will invest Rs 900 crore towards Research & Development (R&D) in the next three years. The company, which is currently setting up a thermal power plant in Vijayawada, said it is in negotiations with partners such as NTPC to start work on another power plant in Oriya.
BHEL said its R&D division, that has a robust products and services pipeline, registered a turnover of Rs 5,405 crore for the year ended March 31, 2009. “For the current financial year, we’d be spending Rs 650 crore on R&D, a 40 per cent increase over the previous year. This will correspond to 2.36 per cent of our overall turnover and is by far the highest amount spent by any public sector undertaking in the country,” said A L Chandraker, Executive Director, BHEL.
The company has spent Rs 464 crore towards R&D in 2007-08 and is likely to spend Rs 800 crore in 2010-11.
Meanwhile, BHEL said of the total order book worth Rs 1,17,000 crore, 60 per cent comes from the power sector. “We will continue to retain our focus on power and at the same time work on other sectors too,” Chandraker said.
“The thermal power plant in Vijayawada, which is a joint venture with AP Genco, will be operational in 2011. We are talking to partners in other states like Oriya to take up similar projects in the power sector,” said Chandraker.
The company, which employs nearly 270 engineers, is planning to induct 17 more doctrates to the existing 33.
In an attempt to tap the market potential for large nuclear power plant applications, BHEL is designing a boiler feed pump for the 700 mw nuclear power plant at Trichy.
During 2008-09, BHEL filed 211 Intellectual Property Rights including 126 patents and 85 copyright applications. So far, it has filed 866 IPs and the company expects to increase the number of filings significantly in the near future.
ref:
http://www.expressbuzz.com/edition/story.aspx?Title=BHEL+to+invest+Rs+900+cr+on+R&D&artid=8AkL4MPB6iM=&SectionID=XT7e3Zkr/lw=&MainSectionID=XT7e3Zkr/lw=&SectionName=HFdYSiSIflu29kcfsoAfeg==&SEO=
BHEL said its R&D division, that has a robust products and services pipeline, registered a turnover of Rs 5,405 crore for the year ended March 31, 2009. “For the current financial year, we’d be spending Rs 650 crore on R&D, a 40 per cent increase over the previous year. This will correspond to 2.36 per cent of our overall turnover and is by far the highest amount spent by any public sector undertaking in the country,” said A L Chandraker, Executive Director, BHEL.
The company has spent Rs 464 crore towards R&D in 2007-08 and is likely to spend Rs 800 crore in 2010-11.
Meanwhile, BHEL said of the total order book worth Rs 1,17,000 crore, 60 per cent comes from the power sector. “We will continue to retain our focus on power and at the same time work on other sectors too,” Chandraker said.
“The thermal power plant in Vijayawada, which is a joint venture with AP Genco, will be operational in 2011. We are talking to partners in other states like Oriya to take up similar projects in the power sector,” said Chandraker.
The company, which employs nearly 270 engineers, is planning to induct 17 more doctrates to the existing 33.
In an attempt to tap the market potential for large nuclear power plant applications, BHEL is designing a boiler feed pump for the 700 mw nuclear power plant at Trichy.
During 2008-09, BHEL filed 211 Intellectual Property Rights including 126 patents and 85 copyright applications. So far, it has filed 866 IPs and the company expects to increase the number of filings significantly in the near future.
ref:
http://www.expressbuzz.com/edition/story.aspx?Title=BHEL+to+invest+Rs+900+cr+on+R&D&artid=8AkL4MPB6iM=&SectionID=XT7e3Zkr/lw=&MainSectionID=XT7e3Zkr/lw=&SectionName=HFdYSiSIflu29kcfsoAfeg==&SEO=
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