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Home arrow News arrow Power and Energy arrow B. Prasada Rao takes over as Chairman and Managing Director, BHEL
B. Prasada Rao takes over as Chairman and Managing Director, BHEL Print E-mail
Written by Anand   
Monday, 05 October 2009
New Delhi: B. Prasada Rao has assumed charge as Chairman & Managing Director of Bharat Heavy Electricals Limited (BHEL). He takes over from Mr. K. Ravi Kumar.

As CMD of India’s largest Navratna Public Sector engineering and manufacturing enterprise, he will lead the company at a time when BHEL is building capacity and capability to meet the country’s power forecast in the 11th plan. It's manufacturing capacity is being enhanced to 15,000 MW per annum and will be further augmented to 20,000 MW per annum by March, 2012.

Additionally, the company also announced the appointment of Mr. Atul Saraya as Director (Power) of the Board of Bharat Heavy Electricals Limited (BHEL). Prior to this, he was heading the company’s Power Sector (Marketing) function as well as BHEL’s Power Sector Eastern Region construction division as Executive Director (PS-Mktg. & ER).

Mr. Rao has 31 years of diversified, versatile and varied experience through working in strategic as well as operational areas in all major segments of BHEL covering concept-to-commissioning activities.

Mr. Rao started his career in BHEL as an Industrial Engineer at Industrial Systems Group (ISG), Bangalore in 1978, worked at project sites and initiated the Project Management function at ISG. He has been responsible for conceptualising the approach for organisation of BHEL’s Industry Sector business segment and drawing up a Blueprint for Electronics in BHEL. Later, he spearheaded the diversification initiative at the company’s Electronics Division for BHEL’s entry into Defence Simulators & Telecom products. He was instrumental in setting up the company’s Electronics Systems Division, the 14th manufacturing unit of BHEL, in addition to Planning & Development activities.

Subsequently, he joined the Heavy Power Equipment Plant at Hyderabad as In-charge of manufacture of Steam Turbines, Gas Turbines and Compressors during which the manufacture of the first frame 9E GT and the first 130 MW KN series two cylinder Steam Turbine was successfully established. He had been specially trained in GE, USA in the manufacture of Advanced class Gas Turbines.

At the Corporate Planning & Development department, he successfully led two Corporate Plan exercises ‘Strategic Plan 2007’ and ‘Strategic Plan 2012’ involving company-wide activities. He led the project on ‘Positioning BHEL for accelerated growth’ along with a renowned management consultant. He represented India in the Study Group of World Energy Council on their study for developing ‘Energy Policy Scenarios to 2050’. He also served as the company’s interface with the investment community. He has been a Member of the CII Capital Goods Committee and has been an active interface with Industry & Government bodies on various policy matters of concern to BHEL.

As head of Industrial Systems & Products business sector, the position occupied till his selection as CMD, he has been responsible for enhancing the overall business growth in the Industry Sector to an unprecedented level and a number of first time ever achievements in all the 8 business segments viz. Captive Power Plants, Transmission, Transportation, Industrial Products - Mechanical & Electrical, Defence, ROD products and NCES systems. He has ensured a turnaround in Transmission projects group with the highest-ever revenue and profits during 2008-09 after a gap of 6-7 years of continuous losses.

He is a Mechanical Engineering Graduate from Jawaharlal Nehru Technological University, Kakinada, Andhra Pradesh and a Post Graduate in Industrial Engineering from NITIE, Mumbai. 

 
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