BHEL, which lost the best bidder status in a prestigious tender of NTPC, says it does not need orders at un-remunerative prices.
“We are not that desperate,” a senior official of BHEL told Business Line, soon after the news broke out, on Thursday, that BGR Energy had emerged the lowest bidder for the supply of turbine-generator sets for NTPC.
Coming on the heels of the South Korean Doosan turning out to be the lowest bidder for the supply of boilers for the same projects of NTPC, the question is “what has happened to BHEL?”
For sure, regardless of its ranking among the bidders, BHEL will get orders for four boilers and two turbine-generators, for the nine supercritical thermal plants of NTPC, of 800 MW each, spread over four locations. With orders on hand worth Rs 1.6 lakh crore, BHEL is indeed not desperate for work, unlike its competitors.
ref:
http://www.thehindubusinessline.com/companies/article2465215.ece
Sunday, September 18, 2011
Thursday, September 15, 2011
BHEL bags Rs 2500-3000 crore order: Report
Bharat Heavy Electrical Ltd has bagged an order worth Rs 2500-3000 crore from Singareni Collieries, ET Now reports.
Singareni Collieries Company Ltd, a state-owned mining company, on 12th September approved the order to supply two 600 MW boiler turbine generators, according to sources. BHEL will soon release an official confirmation of the order.
BHEL has reported a total order inflow of Rs 60,476 crore for FY2011 (up 2.4% YoY), finishing the year with a total order backlog of Rs 164,130 crore. For the last quarter the company was only able to declare an order inflow of 4000-5000 cr and hence an additional order worth Rs 3000 cr would boost investor sentiment.
Earlier in the week, ET Now reported that bidding for NTPC's Rs 18,000-cr project for the bulk supply of 800 mw supercritical equipment was expected to open today. L&T, BHEL, Bharat Forge, JSW, BGR Energy, Thermax and Doosan have participated in the bidding.
Analsyts expect BHEL to be winning minimum 4 sets (4x800 mw) from NTPC's Rs 18000 cr order pipeline.
The shares of the company closed 1.4% higher at Rs 1727. The stock has hit a high of Rs 1741.95 in the intra day trade on the BSE today.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-2500-3000-crore-order-report/articleshow/9982036.cms
Singareni Collieries Company Ltd, a state-owned mining company, on 12th September approved the order to supply two 600 MW boiler turbine generators, according to sources. BHEL will soon release an official confirmation of the order.
BHEL has reported a total order inflow of Rs 60,476 crore for FY2011 (up 2.4% YoY), finishing the year with a total order backlog of Rs 164,130 crore. For the last quarter the company was only able to declare an order inflow of 4000-5000 cr and hence an additional order worth Rs 3000 cr would boost investor sentiment.
Earlier in the week, ET Now reported that bidding for NTPC's Rs 18,000-cr project for the bulk supply of 800 mw supercritical equipment was expected to open today. L&T, BHEL, Bharat Forge, JSW, BGR Energy, Thermax and Doosan have participated in the bidding.
Analsyts expect BHEL to be winning minimum 4 sets (4x800 mw) from NTPC's Rs 18000 cr order pipeline.
The shares of the company closed 1.4% higher at Rs 1727. The stock has hit a high of Rs 1741.95 in the intra day trade on the BSE today.
ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-bags-rs-2500-3000-crore-order-report/articleshow/9982036.cms
Thursday, September 8, 2011
U.N. Singh takes over as GM in-charge at BHEL's Industrial Systems Group
Mr U.N.Singh has taken over as the General Manager in-charge of BHEL's Industrial Systems Group (ISG), Bangalore, a unit of BHEL which handles bulk material handling systems like coal and ash handling systems for power plants and steel plant automation .
Previous roles
Mr Singh has served BHEL in various capacities at the unit since 1978 and has been responsible for securing a number of direct orders for Material Handling System for BHEL.
He has also spearheaded the execution of number of projects of Coal and Ash Handling systems as well as automation of Steel plants, a press statement said.
Expert committee on energy
He is also a member on the expert committee on energy at Bangalore Chamber of Industry and Commerce (BCIC).
Ref:
http://www.thehindubusinessline.com/companies/article2436548.ece
Previous roles
Mr Singh has served BHEL in various capacities at the unit since 1978 and has been responsible for securing a number of direct orders for Material Handling System for BHEL.
He has also spearheaded the execution of number of projects of Coal and Ash Handling systems as well as automation of Steel plants, a press statement said.
Expert committee on energy
He is also a member on the expert committee on energy at Bangalore Chamber of Industry and Commerce (BCIC).
Ref:
http://www.thehindubusinessline.com/companies/article2436548.ece
Monday, September 5, 2011
BHEL bags Rs 1395 crore contract from MMDC
BHEL on Monday said it bagged Rs 1,395 crore contract from the country's biggest miner NMDC for handling raw material at its steel plant at Nagarnar in Chhattisgarh.
BHEL will set up the Raw Material Handling System (RMHS) package for NMDC's three million tonnes per annum steel plant at Nagarnar in Chhattisgarh, on turnkey basis, the power equipment maker said in a statement.
The contract was signed in the presence of BHEL CMD B P Rao and NMDC CMD Rana Som.
The project includes Engineering, Procurement and Construction of complete RMHS, from receipt of various raw material (coal, iron ore etc) from wagon tippling to crushing.The order envisages installation of conveyor length of nearly 30 kms.
The government has recently approved disinvestment of five per cent of its stake in BHEL, which could fetch about Rs. 4,320 crore. The government holds 67.72 per cent in BHEL.
In 2010-11, the company recorded a turnover of Rs. 43,337 crore and profit after tax
ref:
http://profit.ndtv.com/news/show/bhel-bags-rs-1-395-crore-contract-from-nmdc-175925
BHEL will set up the Raw Material Handling System (RMHS) package for NMDC's three million tonnes per annum steel plant at Nagarnar in Chhattisgarh, on turnkey basis, the power equipment maker said in a statement.
The contract was signed in the presence of BHEL CMD B P Rao and NMDC CMD Rana Som.
The project includes Engineering, Procurement and Construction of complete RMHS, from receipt of various raw material (coal, iron ore etc) from wagon tippling to crushing.The order envisages installation of conveyor length of nearly 30 kms.
The government has recently approved disinvestment of five per cent of its stake in BHEL, which could fetch about Rs. 4,320 crore. The government holds 67.72 per cent in BHEL.
In 2010-11, the company recorded a turnover of Rs. 43,337 crore and profit after tax
ref:
http://profit.ndtv.com/news/show/bhel-bags-rs-1-395-crore-contract-from-nmdc-175925
Sunday, September 4, 2011
NMDC, BHEL sign pact for raw material handling system
NMDC has signed a contract for Raw Material Handling System Package for the upcoming 3 MTPA Integrated Steel Plant at Nagarnar, with BHEL on Saturday.
Mr. G. Viswakarma, ED (Steel Plant) on behalf of NMDC and Mr. U.N. Singh GM, for BHEL signed Contract Agreement in presence of Mr Rana Som, CMD, NMDC and Mr B.P.Rao, CMD, BHEL and other dignitaries.
Mr. Rana Som said the proposed 3 MTPA steel plant would be the fastest moving steel plant project among all green field or brown field projects in the country.
Mr. B.P.Rao, CMD, BHEL said that BHEL’s group at Bangalore was fully geared up to complete this challenging job well within the stipulated time of 30 months.
The Raw Material Handling System will be handling @ 10 MT/year of raw material catering to the different units of the NMDC Steel Plant.
ref:
http://www.thehindubusinessline.com/companies/article2421165.ece
Mr. G. Viswakarma, ED (Steel Plant) on behalf of NMDC and Mr. U.N. Singh GM, for BHEL signed Contract Agreement in presence of Mr Rana Som, CMD, NMDC and Mr B.P.Rao, CMD, BHEL and other dignitaries.
Mr. Rana Som said the proposed 3 MTPA steel plant would be the fastest moving steel plant project among all green field or brown field projects in the country.
Mr. B.P.Rao, CMD, BHEL said that BHEL’s group at Bangalore was fully geared up to complete this challenging job well within the stipulated time of 30 months.
The Raw Material Handling System will be handling @ 10 MT/year of raw material catering to the different units of the NMDC Steel Plant.
ref:
http://www.thehindubusinessline.com/companies/article2421165.ece
Saturday, September 3, 2011
Generators worth Rs. 5 crore gutted in BHEL fire
Property worth Rs. 5 crore nearly has been gutted in the fire mishap at Bharat Heavy Electricals Limited (BHEL) in Ramachandrapuram on Friday, according to preliminary estimates.
However, there were no casualties reported.
The mishap occurred in the second block of the factory where generators are manufactured.
According to inspector of factories K Srinvasa Rao, the electronic testing equipment caught fire suddenly around 8.30 a.m, sometime after the first shift began.
Soon it spread and gutted all the generators in the place.
About six fire fighting squads from the ordnance factory, BDL and Patancheru rushed to BHEL to douse the fire.
The management maintained the mishap occurred due to short circuit and estimated the loss to be between ` 3 and 5 crore.
ref:
http://ibnlive.in.com/news/generators-worth-rs-5-crore-gutted-in-bhel-fire/180933-60-114.html
However, there were no casualties reported.
The mishap occurred in the second block of the factory where generators are manufactured.
According to inspector of factories K Srinvasa Rao, the electronic testing equipment caught fire suddenly around 8.30 a.m, sometime after the first shift began.
Soon it spread and gutted all the generators in the place.
About six fire fighting squads from the ordnance factory, BDL and Patancheru rushed to BHEL to douse the fire.
The management maintained the mishap occurred due to short circuit and estimated the loss to be between ` 3 and 5 crore.
ref:
http://ibnlive.in.com/news/generators-worth-rs-5-crore-gutted-in-bhel-fire/180933-60-114.html
Friday, September 2, 2011
Fire in BHEL, employees safe
A fire broke out in Bharat Heavy Electricals Limited (BHEL), Ramachandrapuram near here on Friday. However, no one was injured.
According to sources, the loss would be between Rs.2 crore to Rs.3 crore though a formal assessment was yet to be done. Officials claimed that a short circuit caused the fire, but sources in the BHEL said the fire was sparked off during welding work and spread to the workshop soon. According to K. Srinivasa Rao, Inspector of Factories, six fire engines from Patancheru, Bharat Dynamics Limited and Ordinance Factory were pressed into service to douse the fire. It took about an hour to bring it under control.
A press release issued by BHEL, however, described it as a ‘minor' fire.
ref:
http://www.thehindu.com/news/states/andhra-pradesh/article2419097.ece
According to sources, the loss would be between Rs.2 crore to Rs.3 crore though a formal assessment was yet to be done. Officials claimed that a short circuit caused the fire, but sources in the BHEL said the fire was sparked off during welding work and spread to the workshop soon. According to K. Srinivasa Rao, Inspector of Factories, six fire engines from Patancheru, Bharat Dynamics Limited and Ordinance Factory were pressed into service to douse the fire. It took about an hour to bring it under control.
A press release issued by BHEL, however, described it as a ‘minor' fire.
ref:
http://www.thehindu.com/news/states/andhra-pradesh/article2419097.ece
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