BHEL to set up solar power plant in Yemen

Bharat Heavy Electricals Ltd. (BHEL) has signed an agreement with Yemen’s Ministry of Electricity and Energy for setting up solar photovoltaic (PV)-based power plants at different locations in the Gulf nation. The agreement was signed by BHEL Chairman and Managing Director B. Prasada Rao and Yemen’s Minister of Electricity and Energy Saleh Hassan Sumie. The move will help India’s flagship power equipment company to further consolidate its position in the overseas market. BHEL is presently executing a 400-MW gas turbine-based power plant, Marib Phase-II, in Yemen. Setting up solar PV plants in Yemen is a step in reinforcing BHEL’s commitment to providing green power solutions, a company statement said. ref: http://www.thehindu.com/business/Industry/bhel-to-set-up-solar-power-plant-in-yemen/article5963027.ece

Double whammy for BHEL: Project delays, fall in order inflow a worry !

It is a double whammy for India's largest power equipment manufacturer Bharat HeavyBSE 2.37 % Electrical (BHEL). The company's FY14 revenue growth has dipped after several clients delayed execution. That is not at all. Order inflows, too, have tripped due to paucity of domestic orders for new power plants. According to provisional results released to stock exchanges, order inflow growth slid by 12 per cent on a year-on-year basis to Rs 21,800 crore at the end of FY14. Order inflows hav .. More at: http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/double-whammy-for-bhel-project-delays-fall-in-order-inflow-a-worry/articleshow/33527435.cms

BHEL annual profit slides to Rs 3,228 crore

Bharat Heavy Electricals Ltd's net profit more than halved to Rs 3,228 crore in the previous financial year on account of low volumes and challenges in the domestic power sector. The power equipment major had posted a net profit of Rs 6,615 crore in 2012-13, BHEL said on Saturday. The state-owned major's turnover declined to Rs 40,366 crore from Rs 50,156 crore in 2012-13, as per a regulatory filing on its provisional earnings for the year ended March 31, 2014. ref: http://timesofindia.indiatimes.com/business/india-business/BHEL-annual-profit-slides-to-Rs-3228-crore/articleshow/33294086.cms

Bhel wins Rs 125 cr order for hydro power project in U'khand

State-owned power equipment maker Bhel has secured Rs 125 crore contract for setting up a 120 MW Hydro Electric Project in Uttarakhand. "Valued at Rs 125 crore, the order for setting up of hydro generating sets and associated electro-mechanical works for the 120 MW Vyasi project has been placed on Bhel by Uttarakhand Jal Vidyut Nigam Ltd," Bhel said in a statement. Located in Dehradun district, the Vyasi power project is a run-of-the-river scheme on the Yamuna. Bhel said the contract envisages design, manufacture, supply, installation and commissioning of hydro generating sets and associated electro mechanical works. While the hydro generating sets will be supplied by Bhel's Bhopal unit, the transformers and Control & Monitoring system will be supplied by the Jhansi unit and Electronics Division, Bangalore respectively. ref: http://www.business-standard.com/article/pti-stories/bhel-wins-rs-125-cr-order-for-hydro-power-project-in-u-khand-114033100331_1.html

BHEL bags Rs 3,000 crore order from NTPC

Bharat Heavy Electricals LtdBSE 3.29 % (BHEL) has bagged an order worth nearly Rs 3,000 crore for supply of steam generators for an upcoming power project in Odisha. The state-owned heavy electricals major has received the order from the country's largest power producer NTPCBSE 0.48 % for supply of 2x800 MW steam generators (boilers) with super critical parameters for the project at Darlipali in Odisha. In a statement issued today, BHELBSE 3.29 % said the contract, valued at .. Ref: http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/engineering/bhel-bags-rs-3000-crore-order-from-ntpc/articleshow/32598335.cms

BHEL enters solar wafer business with indigenous tech, Rs 3,000-crore plant

BHEL is looking at expanding its limited footprint in the renewable energy sector by getting into the manufacture of solar wafers. The public sector power equipment major’s initiative marks a welcome start to the country as a whole, since there is no domestic production yet of this key component of solar photovoltaic cells. “We have taken board approval to manufacture solar wafers and are looking at viability gap funding support from the clean energy fund,” BHEL chairman and managing director B Prasada Rao told FE. A plant in Maharashtra’s Sakoli will start manufacturing the solar wafers, apart from photovoltaic cells, modules and solar panels. The company is investing R3,000 crore in the venture. BHEL will use indigenous technology to make the wafers cut from crystalline silicon ingots. This will help reduce the cost of photovoltaic cells, giving a boost to the clean energy segment. The cost of putting up solar power projects is around R8-10 crore per megawatt. Tariff for electricity produced from this route could be R7-8 per unit. more at: http://www.financialexpress.com/news/bhel-enters-solar-wafer-business-with-indigenous-tech-rs-3000crore-plant/1233844

BHEL gets award for e-governance efforts

BHOPAL: BHEL, Bhopal has been declared as one of the winners for Excellence Award in e-governance initiatives in Madhya Pradesh for 2012-13. BHEL won in the category - "the best application following best-practices of software development," for the project "online recruitment system," developed by Informatics Centre (IFX) department, BHEL, Bhopal. The award was presented by chief minister Shivraj Singh Chouhan to BHEL Bhopal executive director (ED) S R Prasad and general manager (P and D, IT) Sanjeev Gupta in the presence of IT minister Bhupendra Singh and chief secretary Anthony JC Desa. The award was presented at a glittering function organized by department of IT and Madhya Pradesh Agency for Promotion of Information Technology ( MAPIT), at Bhopal on Tuesday. The first prize comprised a cash award of Rs 1 lakh and a memento and certificate. ref: http://timesofindia.indiatimes.com/BHEL-gets-award-for-e-governance-efforts/articleshow/31452979.cms?