Indiabulls cancels China’s Shandong power contract and orders on BHEL

In a setback to Chinese power generation equipment suppliers,Indiabulls Power Ltd has cancelled a contract awarded to Shandong Electric Power Construction Corp., or Sepco, for its Amravati project.

Indiabulls cancelled the engineering, procurement and construction order for the first phase of the project, estimated at around Rs3,000 crore, as the Chinese company is unlikely to meet the commissioning schedule of 39 months due to the Indian government’s new stringent visa policy.

Chinese firms have complained earlier of bias preventing them from winning key contracts in India, but this is the first power sector order to a Chinese firm to be cancelled.

While the number of work visas have been increased to 40 per electricity generation project, from 20, at the behest of the power ministry, a shortage of Chinese workers is stalling the construction of some power plants.

Indiabulls has now placed the order with state-owned Bharat Heavy Electricals Ltd, or Bhel.


more at :
http://www.livemint.com/2010/03/18222305/Indiabulls-cancels-China8217.html

BHEL’s Verma likely to grab top post at SAIL

Enterprise Selection Board (PESB) has selected BHEL’s Director Finance C.S. Verma for the top job at steel maker SAIL, but officials in the Steel Ministry want the recommendation scrapped in favour of a bureaucrat.

The PESB on February 26 named Mr. Verma as its number one choice to replace S.K. Roongta when he retires as SAIL chairman in May, officials said.

more at :
http://beta.thehindu.com/business/Industry/article253579.ece

US funds pressurize Bhel to exit Sudan

Bharat Heavy Electricals Ltd (Bhel) is coming under pressure from US-based pension funds, potential investors in the power equipment manufacturing company, to exit its operations in Sudan, Africa.The US has strained relations with Sudan, a country it accuses of state-sponsored terrorism and human rights violations.Investments by state-owned companies are part of a larger Indian plan to secure energy resources in the oil-rich country. An exit could jeopardize this strategy.Bhel has been involved in the construction of the Kosti thermal project for the National Electricity Corporation of Sudan, for which a $350 million (around Rs1,600 crore) line of credit has been given by the Indian government. The largest power project in Sudan, this is expected to be commissioned sometime in 2010. "We have been receiving communication from funds who may be potential investors in Bhel (about exiting Sudan). We have explained to them that we are not making any investments there. Moreover the electricity generated from the project will be beneficial for the people there," said a senior Bhel executive, who did not want to identified.The funds seeking Bhel's exit from Sudan include Colorado Public Employees' Retirement Association (PERA) of Colorado, California Public Employees' Retirement System (CalPERS), San Francisco City and County Employees' Retirement System and State Teachers Retirement System of Ohio.Questions emailed to Colorado PERA, CalPERS, San Francisco City and County Employees' Retirement System and State Teachers Retirement System of Ohio remained unanswered till late Tuesday evening.Bhel is the second Indian state-owned company after ONGC Videsh Ltd (OVL), the global arm of state-owned exploration giant Oil and Natural Gas Corp. Ltd, which is facing criticism for operating in Sudan.Mint had reported on 29 June 2008 that OVL's operations in Sudan had come under fire from international groups, such as Amnesty International, Genocide Intervention Network and Investors Against Genocide."We have been told repeatedly by these firms that human rights violations are happening in Sudan. We have told them that the power project is not even in the troubled area," said a second Bhel executive, who too did not want to identified.The Sudan conflict, which started in 2003, is estimated to have resulted in the death of nearly 300,000 people and displaced at least two million more.India wants a greater share in Sudan's considerable oil and gas resources, and plans to leverage its infrastructure commitments to secure assets. India has been scouting for overseas hydrocarbon assets to feed a growing economy. Its search has taken it to some countries ravaged by civil war that are considered pariahs by the global community.Sudan is scheduled to hold a referendum in January 2011, in which the southern part of the country may vote for separation; 85% of the hydrocarbon resources are in south Sudan, while the north has all of the infrastructure."The possibility of the situation getting out of hand is negligible. Nobody is ready for war," Angilina Jang Teny, Sudan's state minister for energy and mining, had recently told Mint.An analyst said the protest by the US firms follows a pattern. "Given that these countries are energy rich, US companies have a natural interest to be present there. However, since human rights issues do not permit them, they don't want to let anybody else steal a march over them," said Anish De, chief executive of Mercados EMI Asia, an energy consulting firm.

ref:
http://m.livemint.com/s/6608/2?htmlUrl=http%3A%2F%2Fwww.livemint.com%2F2010%2F03%2F16234805%2FUS-funds-pressurize-Bhel-to-ex.html&itemPos=4

BHEL bags Rs 3,348 cr turnkey contract from IOC

Bharat Heavy Electricals Ltd. (BHEL) on Monday said it won a Rs 3,348 crore contract to set up 376 MW captive power plant at the upcoming Paradip Refinery Project of Indian Oil Corp in Orissa.

BHEL won the turnkey contract for setting up an energy efficient and environment-friendly captive power plant (376 MW) at the upcoming Paradip Refinery Project of Indian Oil Corporation Limited (IOCL) in Orissa.

Significantly, valued at Rs.33,480 Million, this is the largest-value single order secured by BHEL for a captive power plant. The customer has opted to source the captive power plant from BHEL in view of its techno-economic superiority - a testimony to the customer’s confidence in BHEL’s capability.

The 376 MW gas turbine-based combined cycle power plant will meet the power and process steam requirement of the upcoming grassroot refinery and is slated for commissioning in a tight schedule by November, 2012.

The equiment for the project will be supplied by BHEL's plants at Hyderabad, Trichy, Ranipet, Bhopal, Jhansi and Electronics Division, Bangalore. Civil works and erection and commissioning of the captive power plant will be carried out by the company's Power Sector – Southern Region.

ef:
http://smetimes.tradeindia.com/smetimes/news/industry/2010/Mar/16/bhel-bags-rs-3348-cr-turnkey-contract-from-ioc14526.html

BHEL hands over model test report for Hydro power

UC Chatterjee, GM, (Hydro) handed over a copy of `Model Test Report' to the customer at a simple function held at hydro lab. The Turbine Model Test proved the turbine capability to meet the guaranteed efficiency was successfully completed in presence of Engineers of NHPC & HCC.
Ritesh Kumar, GM, NHPC, Gaytonde, Vice President, HCC, NK Swarankar, GM, (Hydor Engg), Mukesh Mangla, AGM, (Hydro Lab) and other senior executive of NHPC, HCC & BHEL were also present on this occasion.
Kishan Ganga Hydro Electric projected situated in Jammu & Kashmir has three Turbine-generator sets, each of 110 MW rating with Pelton type of Turbine operation under rated net head of 640m. Design and development of turbine suitable for this project was carried out by Engineers of Hydro Lab.
Ritesh Kumar congratulated BHEL and especially Engineers of Hydro Lab for completing the 1st milestone and giving higher efficiency than guaranteed well before time.
While congratulated the team of Hydro lad Chatterjee said that the BHEL would meet all its commitments within time in future also.
It is noticeable that 40 contractual test has been successfully completed till date.


ref:
http://www.centralchronicle.com/viewnews.asp?articleID=29167

BHEL bags Rs 5,778 Cr thermal power projects

Bharat Heavy Electricals (BHEL) has secured a major order for setting up two Thermal Power Projects (TPP) in Maharashtra, involving five new-rating units of 270 MW each.

Valued at Rs 5,778 crore, the order for the greenfield power projects, located at Nasik (5x270 MW) and Amravati (5x270 MW), both in Maharashtra, has been placed on BHEL by Elena Power & Infrastructure, a company of the Indiabulls group.


BHEL’s scope of work in the contract envisages design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers, along with associated auxiliaries and electrical, besides state-of-the-art controls & instrumentation (C&I) and electrostatic precipitators (ESPs).

The turbine generators and boilers will be manufactured at the company’s Haridwar and Trichy plants respectively, and the C&I systems will be supplied by BHEL’s Electronics Division, Bangalore.

The company’s Hyderabad plant will manufacture the coal mills and boiler feed pumps, while the Electricals will be supplied by BHEL's Bhopal and Jhansi plants. BHEL's Ranipet plant will manufacture and supply the ESPs.

BHEL has fully established state-of-the-art technology for the manufacture of thermal sets up to 1,000 MW rating. To meet customer demand, the company has introduced new rating thermal sets of 270 MW, 525 MW and 600 MW, in addition to 660 MW and 800 MW thermal sets with supercritical parameters.
—iGovernment Bureau

ref:
http://www.igovernment.in/site/bhel-bags-rs-5778-cr-thermal-power-projects-37054

BHEL targets Rs 50K cr turnover by 2020

BHEL is targeting a Rs 50,000-crore turnover by calendar 2020 from its current level of Rs 27,000 crore through a spate of new JVs in related fields as well as a strong order-book position valued at about Rs 1.5 lakh crore.

BHEL may also tie up with foreign partners for a 10,000 tpa poly-silicon manufacturing facility in India as part of its efforts to set up an integrated solar photo-voltaic cell facility in India and acquire poly-silicon manufacturing technology. The integrated facility is slated to come with a capacity to supply equipment capable of generating ,1000 mw of solar power annually.

more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/BHEL-targets-Rs-50K-cr-turnover-by-2020/articleshow/5635187.cms