Bharat Heavy Electricals Limited (BHEL) has bagged an order worth Rs 3,700 crore to supply the country’s first super critical 700-Mw coal fired unit of Karnataka Power Corporation Ltd (KPCL) for its thermal power station (TPS) at Bellary.
Bellary thermal power station of 500 Mw has already been equipped by BHEL and another unit of same capacity is under execution, a company release said.
The company, earlier, bagged power equipment orders worth Rs 6,000 crore from KPCL for setting up 2x800 Mw of thermal power plants at Yermarus in Raichur district.
B P Rao, chairman and managing director of BHEL had said Business Standard that these orders were part of the deal which BHEL had signed with KPCL for supply of equipment.
As part of the growth strategy, BHEL is also in the process of setting up thermal power plants jointly with various state governments.
It has already entered into tie ups with states like Karnataka, Maharashtra, Tamil Nadu and Madhya Pradesh for setting up of 3x800 Mw, 1,500 Mw, 2x800 Mw and 2x800 Mw power plants respectively.
In Maharashtra, it is setting up the gas-based power plant. For each of these projects, the equipment will be supplied by BHEL, a top company official said.
more at:
http://www.business-standard.com/india/news/bhel-bags-order-worth-rs-3700-crkpcl/416672/
Tuesday, November 30, 2010
Monday, November 29, 2010
BHEL looks for minority partner in JV with SAIL
Bharat Heavy Electricals Ltd, the state-run power equipment maker, may offer a minority equity stake to a third technology partner in its proposed joint venture with Steel Authority of India Ltd (SAIL) to manufacture high-grade steel.
“We are in discussions with SAIL for setting up the plant. We estimate this will take five-six months to finalise. We are also looking for a third technology partner,” BHEL chairman and managing director, B P Rao, told Business Standard.
When asked if the third partner would have any stake in the venture or it would be just a tie-up for technology, he said, “We will offer a minority stake… BHEL and SAIL might have equal stake in the venture.” He, however, refused to give any detail.
more at:
http://www.business-standard.com/india/news/bhel-looks-for-minority-partner-in-jvsail/416489/
“We are in discussions with SAIL for setting up the plant. We estimate this will take five-six months to finalise. We are also looking for a third technology partner,” BHEL chairman and managing director, B P Rao, told Business Standard.
When asked if the third partner would have any stake in the venture or it would be just a tie-up for technology, he said, “We will offer a minority stake… BHEL and SAIL might have equal stake in the venture.” He, however, refused to give any detail.
more at:
http://www.business-standard.com/india/news/bhel-looks-for-minority-partner-in-jvsail/416489/
Sunday, November 28, 2010
Bhel hires Crisil to guide its non-bank entry
Bharat Heavy Electrical Ltd (Bhel), India’s largest power equipment maker, has appointed Crisil as its consultant to help set up a non-banking finance company (NBFC).
“Crisil would take 2-3 months to work on the proposal,” said B P Rao, chairman and managing director, Bhel.
The feasibility report would suggest whether the company should launch a separate subsidiary for the financing business or it can remain a part of the mothership.
Bhel had invited expressions of interest from consultants for the non-banking venture in September.
The power equipment giant has cash reserves of over `10,000 crore and wants to utilise a part of it for lending to the infrastructure and power sectors.
Other sector players such as REC Ltd, Power Finance Corporation and NTPC are also exploring the opportunity to set up NBFCs to tap rising demand for loans.
While Power Finance Corporation is seeking a non-banking partner, Bhel is likely to go solo.
The Bhel board of directors also approved setting up of power equipment manufacturing facility at Latur in Maharashtra.
The facility will be in partnership with the Maharashtra government. Bhel has earmarked a capital expenditure of `300 crore for the unit.
ref:
http://www.dnaindia.com/money/report_bhel-hires-crisil-to-guide-its-non-bank-entry_1473667
“Crisil would take 2-3 months to work on the proposal,” said B P Rao, chairman and managing director, Bhel.
The feasibility report would suggest whether the company should launch a separate subsidiary for the financing business or it can remain a part of the mothership.
Bhel had invited expressions of interest from consultants for the non-banking venture in September.
The power equipment giant has cash reserves of over `10,000 crore and wants to utilise a part of it for lending to the infrastructure and power sectors.
Other sector players such as REC Ltd, Power Finance Corporation and NTPC are also exploring the opportunity to set up NBFCs to tap rising demand for loans.
While Power Finance Corporation is seeking a non-banking partner, Bhel is likely to go solo.
The Bhel board of directors also approved setting up of power equipment manufacturing facility at Latur in Maharashtra.
The facility will be in partnership with the Maharashtra government. Bhel has earmarked a capital expenditure of `300 crore for the unit.
ref:
http://www.dnaindia.com/money/report_bhel-hires-crisil-to-guide-its-non-bank-entry_1473667
Thursday, November 25, 2010
BHEL to set up new plant at Latur
The Board has also consider the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd
Bharat Heavy Electricals Ltd has announced that the Board of Directors of the Company at its meeting held on November 25, 2010 has accorded in-principle approvals to set up of a new BHEL plant as "Power Equipment Fabrication Plant" at Latur, Maharashtra.
The Board has also consider the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd. (a wholly owned subsidiary of BHEL) with BHEL, to Department of Heavy Industry (DHI). The merger shall be subject to obtaining necessary approvals from appropriate authorities.
ref:
http://www.indiainfoline.com/Markets/News/BHEL-to-set-up-new-plant-at-Latur/5002088630
Bharat Heavy Electricals Ltd has announced that the Board of Directors of the Company at its meeting held on November 25, 2010 has accorded in-principle approvals to set up of a new BHEL plant as "Power Equipment Fabrication Plant" at Latur, Maharashtra.
The Board has also consider the proposal for initiating the process of merger of Bharat Heavy Plate & Vessels Ltd. (a wholly owned subsidiary of BHEL) with BHEL, to Department of Heavy Industry (DHI). The merger shall be subject to obtaining necessary approvals from appropriate authorities.
ref:
http://www.indiainfoline.com/Markets/News/BHEL-to-set-up-new-plant-at-Latur/5002088630
Wednesday, November 17, 2010
No projects for NTPC-BHEL venture
The newly set up NTPC-BHEL joint venture Power Equipment Company at Mannavaram has failed to get any projects from the state. With no outside orders, the much-hyped company is banking on works from NTPC and BHEL.
Even though the state had promised to support the joint venture by giving it projects, the high costs cited by NTPC-BHEL Power Projects Private Limited (NBPPL) led to the government and APGenco developing a cold feet.
The state has rejected NBPPL request for Balance of Plant (BOP) works of both Rayalaseema and Bhupalapalli thermal stations which are under construction.
The NBPPL had suggested three alternatives to APGenco which is executing the two thermal projects in the state. It has quoted approximately `1,850 crore for the 600 mw fourth stage of Rayalaseema thermal power station.
“But the cost NBPPL quoted is too high for APGenco which got bid around `1,255 crore from Tecpro systems consortium. This will save about `600 crore for the state,” said Mr Vijayanand, managing director of APGenco.
Even for the second unit of Bhupalapally thermal station also, NBPPL request was not considered citing the cost escalation.
ref:
http://www.deccanchronicle.com/hyderabad/no-projects-ntpc-bhel-venture-082
Even though the state had promised to support the joint venture by giving it projects, the high costs cited by NTPC-BHEL Power Projects Private Limited (NBPPL) led to the government and APGenco developing a cold feet.
The state has rejected NBPPL request for Balance of Plant (BOP) works of both Rayalaseema and Bhupalapalli thermal stations which are under construction.
The NBPPL had suggested three alternatives to APGenco which is executing the two thermal projects in the state. It has quoted approximately `1,850 crore for the 600 mw fourth stage of Rayalaseema thermal power station.
“But the cost NBPPL quoted is too high for APGenco which got bid around `1,255 crore from Tecpro systems consortium. This will save about `600 crore for the state,” said Mr Vijayanand, managing director of APGenco.
Even for the second unit of Bhupalapally thermal station also, NBPPL request was not considered citing the cost escalation.
ref:
http://www.deccanchronicle.com/hyderabad/no-projects-ntpc-bhel-venture-082
Monday, November 15, 2010
BHEL Tiruchirappalli organises customer meet for FBC and HRSG Boilers
The country’s largest Circulating Fluidised Bed Combustion (CFBC) Power Project of 250 MW capacity will be commissioned by BHEL for Neyveli Lignite Corporation in 2011.This was disclosed by A V Krishnan, Executive Director, Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli in the third FBC and HRSG (Heat Recovery Steam Generator) Customer Meet held here.
Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli organised a one-day Customer Meet Fluidised Bed Combustion and Heat Recovery Steam Generator Boilers. The Customer Meet was attended by more than 60 people from various organizations including from PT Adaro, Indonesia.
Krishnan said that BHEL, Tiruchirappalli had so far supplied 80 to 90 Bubbling FBCs and six CFBC boilers which included exports to Indonesia and New Calidonia ( a French island). BHEL is also into expanding the market of HRSGs by large size HRSGs behind Frame 9 FA and 9 FB.
A K Mathur, ED, Tata Projects, delivering the special address, compared the pulverized coal –fired boilers with the CFBC boilers and said that these CFBC boilers with their environmental advantages and more fuel options bettered the conventional ones.
With availability of more gas in Godavari basin, Mathur said that the gas turbine market is heating up throwing more opportunities for growth of HRSG market.
He cautioned that as the environmental needs are growing higher with strict emission requirements, CFBC boilers offered better alternatives. He said that he looked forward to BHEL installing higher capacity Integrated Gasification Combined Cycle (IGCC) plants in the interest of the Nation. He also desired that BHEL attempted at the supercritical CFBCs.
M Karunakara Reddy, General Manager Incharge, Engineering, FBC and HRSG, Tiruchirppalli, welcoming the gathering, outlined the two-fold objectives of the Customer Meet. He said that this Meet would give a comprehensive feedback from the customers and inform them of the latest technological advancements of the products.
Delivering the keynote address at the inauguration function of this one-day Customer Meet, Krishnan attributed the growth of CFBC market to the non guarantee of availability of the same quality of fuels during the life of a plant, robust design and fuel flexibility to accommodate a range of fuels with differing moisture and calorific values.
The meet had two sessions devoted to FBC Boilers and HRSGs. M Vijayawargiya, ED, IOCL, Paradip Refinery was the Chief Guest for the HRSG session. Frank Leuschke, Lentjes, BHEL’s technical partner made a presentation on CFBC boilers. S Sundararajan, Additional General Manager, Engineering, Research and Development, BHEL summed up the events. P Selvakumaran, AGM, Marketing proposed a vote of thanks.
ref:
http://machinist.in/index.php?option=com_content&task=view&id=2860&Itemid=2
Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli organised a one-day Customer Meet Fluidised Bed Combustion and Heat Recovery Steam Generator Boilers. The Customer Meet was attended by more than 60 people from various organizations including from PT Adaro, Indonesia.
Krishnan said that BHEL, Tiruchirappalli had so far supplied 80 to 90 Bubbling FBCs and six CFBC boilers which included exports to Indonesia and New Calidonia ( a French island). BHEL is also into expanding the market of HRSGs by large size HRSGs behind Frame 9 FA and 9 FB.
A K Mathur, ED, Tata Projects, delivering the special address, compared the pulverized coal –fired boilers with the CFBC boilers and said that these CFBC boilers with their environmental advantages and more fuel options bettered the conventional ones.
With availability of more gas in Godavari basin, Mathur said that the gas turbine market is heating up throwing more opportunities for growth of HRSG market.
He cautioned that as the environmental needs are growing higher with strict emission requirements, CFBC boilers offered better alternatives. He said that he looked forward to BHEL installing higher capacity Integrated Gasification Combined Cycle (IGCC) plants in the interest of the Nation. He also desired that BHEL attempted at the supercritical CFBCs.
M Karunakara Reddy, General Manager Incharge, Engineering, FBC and HRSG, Tiruchirppalli, welcoming the gathering, outlined the two-fold objectives of the Customer Meet. He said that this Meet would give a comprehensive feedback from the customers and inform them of the latest technological advancements of the products.
Delivering the keynote address at the inauguration function of this one-day Customer Meet, Krishnan attributed the growth of CFBC market to the non guarantee of availability of the same quality of fuels during the life of a plant, robust design and fuel flexibility to accommodate a range of fuels with differing moisture and calorific values.
The meet had two sessions devoted to FBC Boilers and HRSGs. M Vijayawargiya, ED, IOCL, Paradip Refinery was the Chief Guest for the HRSG session. Frank Leuschke, Lentjes, BHEL’s technical partner made a presentation on CFBC boilers. S Sundararajan, Additional General Manager, Engineering, Research and Development, BHEL summed up the events. P Selvakumaran, AGM, Marketing proposed a vote of thanks.
ref:
http://machinist.in/index.php?option=com_content&task=view&id=2860&Itemid=2
Saturday, November 13, 2010
BHEL awarded innovation award
Bharat Heavy Electricals Ltd (BHEL), Ranbaxy Laboratories Ltd, Council of Scientific and Industrial Research (CSIR) and National Institute of Immunology (NII) have been awarded for their innovation in research and development in India.
BHEL bagged the award for hi-tech corporate category while CSIR won the hi-tech academic award. NII and Ranbaxy Laboratories Ltd won pharma academic and pharma corporate awards respectively.
'The results of this (focus on excellence in research to drive innovations) have been striking, with a number of patents, technology transfers, public-private partnerships and consultancies for NII,' said NII director Avadhesha Surolia at the Thomson Reuters Innovation Award ceremony jointly organised by Thomson Reuters and the Confederation of Indian Industry (CII).
All enterprises headquartered in India are considered for the award. The recipients were selected by analysing their innovation patented technology as recorded in Thomson Reuters patent information services.
The criteria included the number and impact of patents, the efficiency and effectiveness of research and the impact of innovation as measured by patent citations.
'In India, we finally recognise that we need to innovate and innovate fast,' said National Knowledge Commission chairman Sam Pitroda, while handing over the awards to the winners.
ref:
http://sify.com/finance/indian-industries-awarded-innovation-awards-news-default-klnpEkdbgea.html
BHEL bagged the award for hi-tech corporate category while CSIR won the hi-tech academic award. NII and Ranbaxy Laboratories Ltd won pharma academic and pharma corporate awards respectively.
'The results of this (focus on excellence in research to drive innovations) have been striking, with a number of patents, technology transfers, public-private partnerships and consultancies for NII,' said NII director Avadhesha Surolia at the Thomson Reuters Innovation Award ceremony jointly organised by Thomson Reuters and the Confederation of Indian Industry (CII).
All enterprises headquartered in India are considered for the award. The recipients were selected by analysing their innovation patented technology as recorded in Thomson Reuters patent information services.
The criteria included the number and impact of patents, the efficiency and effectiveness of research and the impact of innovation as measured by patent citations.
'In India, we finally recognise that we need to innovate and innovate fast,' said National Knowledge Commission chairman Sam Pitroda, while handing over the awards to the winners.
ref:
http://sify.com/finance/indian-industries-awarded-innovation-awards-news-default-klnpEkdbgea.html
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