Bharat Heavy Electricals Ltd, Tiruchi, has chalked out a major capacity expansion programme in the next two years at an investment of Rs 600 crore.
This includes the Phase III expansion for a high pressure boiler plant at the existing unit and the Thirumayam unit, which will cater tothe demand from petrochemical industries and nuclear equipment manufacturers.
The Rs 293-crore Thirumayam unit, which will be operational by the end of this year, will have a shop area of about 39,000 sq m.
Speaking to a group of mediapersons from Kochi, Mr A.V. Krishnan, Executive Director, Tiruchi Complex, said the unit is all set to achieve a record turnover of Rs 12,765 crore, and has set a turnover growth of over 30 per cent for 2011-12.
The company registered a turnover of Rs 10,008 crore during 2009-10 against Rs 7,640 crore in the previous year. The Tiruchi complex, which contributes 30 per cent of the company's overall turnover and 40 per cent of the group's profit, has outstanding orders worth Rs 38,600 crore till November 2010.
During the year, the complex has bagged all-time high orders of Rs 15,875 crore, he said.
The production through outsourcing from over 500 vendors also crossed a record four lakh tonnes of boiler structures, 25 per cent more than last year.
A target of 7 lakh tonnes has been set for 2010-11, he added.
Referring to the overall manufacturing capacity of BHEL units altogether, he said with 15 manufacturing units, the company has realised the capability to deliver 15,000 MW per annum in March 2010, and the capacity expansion programme is underway to reach 20,000 MW by 2012.
more at :
http://www.thehindubusinessline.com/companies/article1520144.ece
Tuesday, March 8, 2011
Monday, March 7, 2011
BHEL Thirumayam facility to be operational by year-end
The Thirumayam unit of public sector Bharat Heavy Electricals Limited (BHEL), involving an investment of Rs.293 crore, will become operational by the end of 2011. The new unit will have more piping products to meet the demand of petrochemical industries and nuclear equipment manufacturers, said A. V. Krishnan, Executive Director, BHEL, Tiruchirapalli.
The ED told a visiting group of journalists from Kochi at Tiruchirapalli recently that the public sector was involved in the development of integrated gasification combined cycle technology which would usher in clean technology. Towards this, a 6.2 MW IGCC research facility has been set up at the Tiruchirapalli unit. The company has also signed a memorandum of understanding with APGENCO for setting up a 182 MW IGCC plant at . He said BHEL had identified to carry out research in clean coal technology applications and ultra supercritical-friendly based applications in thermal power. A joint venture is to be set up at Kalahasthi in Andhra Pradesh for coal handling in cooperation with NTPC. The largest circulating fluidised bed combustion power project of 250 MW would be commissioned by BHEL for NLC this year itself, he said.
ref:
http://www.thehindu.com/business/article1517730.ece
The ED told a visiting group of journalists from Kochi at Tiruchirapalli recently that the public sector was involved in the development of integrated gasification combined cycle technology which would usher in clean technology. Towards this, a 6.2 MW IGCC research facility has been set up at the Tiruchirapalli unit. The company has also signed a memorandum of understanding with APGENCO for setting up a 182 MW IGCC plant at . He said BHEL had identified to carry out research in clean coal technology applications and ultra supercritical-friendly based applications in thermal power. A joint venture is to be set up at Kalahasthi in Andhra Pradesh for coal handling in cooperation with NTPC. The largest circulating fluidised bed combustion power project of 250 MW would be commissioned by BHEL for NLC this year itself, he said.
ref:
http://www.thehindu.com/business/article1517730.ece
BHEL bags Rs 1,445 cr contract from APGenco
Bharat Heavy Electricals Ltd (BHEL) today said it has bagged an order worth Rs 1,445 crore for a 600 MW thermal power project in Andhra Pradesh.
The contract has been awarded by Andhra Pradesh Power Generation Corporation Ltd (APGenco).
“Valued at Rs 1,445 crore, the contract envisages setting up a 1x600 MW thermal power generating unit for APGenco’s upcoming coal-based thermal power project, located at Rayalaseema in Kadapa district of Andhra Pradesh,” BHEL said in a statement.
The Rayalaseema thermal power project is already equipped with five BHEL-built units of 210 MW each.
The latest contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of steam turbines, generators and boilers, among others.
“In Andhra Pradesh, BHEL is also currently executing orders for three more thermal units, which will generate 1,700 MW of power, on commissioning,” the statement said.
BHEL, a leading power equipment maker, has established the capability to deliver 15,000 MW a year and further augmentation to 20,000 MW a year is under way.
ref:
http://www.thehindubusinessline.com/companies/article1516790.ece
The contract has been awarded by Andhra Pradesh Power Generation Corporation Ltd (APGenco).
“Valued at Rs 1,445 crore, the contract envisages setting up a 1x600 MW thermal power generating unit for APGenco’s upcoming coal-based thermal power project, located at Rayalaseema in Kadapa district of Andhra Pradesh,” BHEL said in a statement.
The Rayalaseema thermal power project is already equipped with five BHEL-built units of 210 MW each.
The latest contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of steam turbines, generators and boilers, among others.
“In Andhra Pradesh, BHEL is also currently executing orders for three more thermal units, which will generate 1,700 MW of power, on commissioning,” the statement said.
BHEL, a leading power equipment maker, has established the capability to deliver 15,000 MW a year and further augmentation to 20,000 MW a year is under way.
ref:
http://www.thehindubusinessline.com/companies/article1516790.ece
Friday, March 4, 2011
BHEL to consider interim dividend
Bharat Heavy Electricals (BHEL), a state-owned capital goods company, has said that its board will meet on 15 March to consider interim dividend for the financial year 2010-11.
The company has fixed 21 March as the record date to ascertain the names of the shareholders.
The company had paid a last dividend of Rs 12.30 a share as a final dividend in September last year. The last interim dividend was of Rs 11 a share in February last year.
BHEL had posted a net profit of Rs 1,403.20 crore for the quarter ended 31 December. This was a rise of 31% against its previous corresponding profit of Rs 1,072.59 crore.
On the Bombay Stock Exchange, the shares of the company were trading at Rs 2,087.95, down 1.81% at IST 1520.
ref:
http://www.business-standard.com/india/news/bhel-to-consider-interim-dividend/127845/on
The company has fixed 21 March as the record date to ascertain the names of the shareholders.
The company had paid a last dividend of Rs 12.30 a share as a final dividend in September last year. The last interim dividend was of Rs 11 a share in February last year.
BHEL had posted a net profit of Rs 1,403.20 crore for the quarter ended 31 December. This was a rise of 31% against its previous corresponding profit of Rs 1,072.59 crore.
On the Bombay Stock Exchange, the shares of the company were trading at Rs 2,087.95, down 1.81% at IST 1520.
ref:
http://www.business-standard.com/india/news/bhel-to-consider-interim-dividend/127845/on
Thursday, March 3, 2011
BHEL eyes business in Kerala
As part of its efforts to expand its base of away centre vendors, Bharat Heavy Electricals Limited (BHEL), Tiruchi Complex, has invited journalists of print and electronic media from Kerala region for an industrial tour during the course of this week.
An experimentation a few months ago by BHEL, Tiruchi, when it invited a media team consisting of business reporters from Kolkata has fetched the desired results; owing to the awareness created by the media, prospective vendors from West Bengal are making enquiries for sub-contracting business with the Seamless Steel Tube Plant, official sources said. The visibility of BHEL created through the media in Kerala is also expected to create similar business opportunities for the PSU, the sources explained.
Besides the BHEL's shop floors and the Welding Research Institute of national importance, the media team from Kerala will also be taken to the units of front-ranking vendors for an understanding of the dynamics of the sub-contracting business. BHEL officials explain that presence of sub-contractors closer to project sites will help in decreasing the cycle time of product delivery.
Poised to exceed Rs. 12,500 crore turnover mark this fiscal, BHEL, Tiruchi Complex, is on a phenomenal expansion mode to attain a target of 20,000 MW capacity by 2012.
more at:
http://www.hindu.com/2011/03/04/stories/2011030457400100.htm
An experimentation a few months ago by BHEL, Tiruchi, when it invited a media team consisting of business reporters from Kolkata has fetched the desired results; owing to the awareness created by the media, prospective vendors from West Bengal are making enquiries for sub-contracting business with the Seamless Steel Tube Plant, official sources said. The visibility of BHEL created through the media in Kerala is also expected to create similar business opportunities for the PSU, the sources explained.
Besides the BHEL's shop floors and the Welding Research Institute of national importance, the media team from Kerala will also be taken to the units of front-ranking vendors for an understanding of the dynamics of the sub-contracting business. BHEL officials explain that presence of sub-contractors closer to project sites will help in decreasing the cycle time of product delivery.
Poised to exceed Rs. 12,500 crore turnover mark this fiscal, BHEL, Tiruchi Complex, is on a phenomenal expansion mode to attain a target of 20,000 MW capacity by 2012.
more at:
http://www.hindu.com/2011/03/04/stories/2011030457400100.htm
Tuesday, March 1, 2011
BHEL-BEL JV to generate power from solar energy
Bharat Electronics Limited (BEL) is all set to enter into a joint venture with the Bharat Heavy Electricals Limited (BHEL) for an ambitious project for power generation from solar energy.
As a part of the project, a power manufacturing facility with a capacity of 250 MW will be installed. An initial agreement has been made in this regard and the final pact will be signed in a month.
The project will be set up at a cost of around `2,000 crore on a 50-50 ratio, BEL officials said. Once it starts operating, the project will achieve its full capacity within 26 months.
“Initially wafer manufacturing facility will be set up as a part of the project. The project will generate 250 MW of power per annum. Of this, 100 MW will be used for production of power modules which will be used for setting up power plants later,” sources said, adding that the technology for setting up the power manufacturing facility is already available with BEL.
Power generation will be possible three months after a power plant facility starts operating. The Union government has already initiated a major project called Jawaharlal Nehru National Solar Mission (JNNSM) for generating 20,000 MW of power by 2020. The officials pointed out that the BEL-BHEL project would help in achieving this goal. “Unlike most existing power generation projects, this initiative is cost-effective. Being a solar-energy based power generation project, there won’t be any major expenditure for purchase of raw materials and the running cost is negligible. Also, being a solar energy based power generation facility, it is environment-friendly and pollution-free.
The power used for setting up and running the facility in the initial phase can be restored within a period of one-and-a-half years,” sources said.
ref:
http://expressbuzz.com/finance/bhel-bel-jv-to-generate-power-from-solar-energy/252485.html
As a part of the project, a power manufacturing facility with a capacity of 250 MW will be installed. An initial agreement has been made in this regard and the final pact will be signed in a month.
The project will be set up at a cost of around `2,000 crore on a 50-50 ratio, BEL officials said. Once it starts operating, the project will achieve its full capacity within 26 months.
“Initially wafer manufacturing facility will be set up as a part of the project. The project will generate 250 MW of power per annum. Of this, 100 MW will be used for production of power modules which will be used for setting up power plants later,” sources said, adding that the technology for setting up the power manufacturing facility is already available with BEL.
Power generation will be possible three months after a power plant facility starts operating. The Union government has already initiated a major project called Jawaharlal Nehru National Solar Mission (JNNSM) for generating 20,000 MW of power by 2020. The officials pointed out that the BEL-BHEL project would help in achieving this goal. “Unlike most existing power generation projects, this initiative is cost-effective. Being a solar-energy based power generation project, there won’t be any major expenditure for purchase of raw materials and the running cost is negligible. Also, being a solar energy based power generation facility, it is environment-friendly and pollution-free.
The power used for setting up and running the facility in the initial phase can be restored within a period of one-and-a-half years,” sources said.
ref:
http://expressbuzz.com/finance/bhel-bel-jv-to-generate-power-from-solar-energy/252485.html
BHEL bags Rs 3,220 cr order for thermal power project in WB
Bharat Heavy Electricals (BHEL) today said it has won an order worth Rs 3,220 crore related to a thermal power project in West Bengal.
The order is for supply and installation of the main plant package for the Sagardighi Thermal Power Project Stage-II in West Bengal. The project has two units of 500 MW each.
In a statement today, BHEL said the order is worth Rs 3,220 crore and has been placed by the West Bengal Power Development Corporation Ltd ( WBPDCL )).
For this contract, BHEL's work would include design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers.
The company would also be responsible for Controls & Instrumentation (C&I), Switchyard and civil works for the main plant package.
"Significantly, even though Stage-I of the power project is equipped with Chinese equipment, yet the customer has reposed confidence in BHEL's capabilities by opting to source equipment from BHEL for the extension project," the firm said.
The order was won under the International Competitive Bidding process.
Shares of the company jumped nearly three per cent to Rs 2,058.50 on the Bombay Stock Exchange .
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-3220-cr-order-for-thermal-power-project-in-wb/articleshow/7602588.cms
The order is for supply and installation of the main plant package for the Sagardighi Thermal Power Project Stage-II in West Bengal. The project has two units of 500 MW each.
In a statement today, BHEL said the order is worth Rs 3,220 crore and has been placed by the West Bengal Power Development Corporation Ltd ( WBPDCL )).
For this contract, BHEL's work would include design, engineering, manufacture, supply, erection and commissioning of steam turbines, generators and boilers.
The company would also be responsible for Controls & Instrumentation (C&I), Switchyard and civil works for the main plant package.
"Significantly, even though Stage-I of the power project is equipped with Chinese equipment, yet the customer has reposed confidence in BHEL's capabilities by opting to source equipment from BHEL for the extension project," the firm said.
The order was won under the International Competitive Bidding process.
Shares of the company jumped nearly three per cent to Rs 2,058.50 on the Bombay Stock Exchange .
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-3220-cr-order-for-thermal-power-project-in-wb/articleshow/7602588.cms
Subscribe to:
Posts (Atom)
