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Home arrow News arrow Power and Energy arrow BHEL's Industry Sector business records all-time high growth of 40%
BHEL's Industry Sector business records all-time high growth of 40% Print E-mail
Written by Ganesh   
Wednesday, 19 May 2010
New Delhi: Bharat Heavy Electricals Limited (BHEL)’s Industry Sector business segment recorded an all-time high growth of 40% over the previous year. Out of the total order booking of Rs. 5,90,310 Million by BHEL during the previous fiscal, its Industry Segment contributed an order inflow of Rs.1,43,660 Million.

This increase further reinforces company’s focus on balanced growth through expansion of activities in the segments of industry, transportation, transmission, defence, oil & gas etc., besides its core area of power. In line with Company’s ‘Strategic Plan-2012’, the company is on track to become a US$ 11 Billion turnover company by 2011-12.

The transportation segment bagged single largest order valued at Rs.9900 Million for 150 numbers 5000 HP 25 kV AC mainline electric locomotives (type WAG -7) from Indian Railways.

During the fiscal 2009-10 BHEL received it's highest order valued at Rs. 33,480 Million from IOCL for its Cogeneration Power Plant at Orissa, major repeat orders from HINDALCO for 6x150 MW BTG package for its Orrisa project and Chennai Petroleum Corporation Limited (CPCL) for 20 MW Cogeneration plant at its Chennai Refinery.

In the face of stiff international competition, other significant orders contributing to the total order inflow were received from JSPL, Sterlite, Monnet & Ispat Energy Ltd., Jai Prakash Associates, Action Ispat and Power Ltd., Shri Shyam Ispat (India) Pvt. Ltd, Indian Railways, UPRVUNL, PowerGrid, MRPL, HPCL, BCPL, MSETCL, APGenco, NTPC, etc,.

BHEL’s sustained focus on customer satisfaction has paid rich dividends in securing repeat orders. The company has been committed to the nation’s infrastructure development programme and has reaffirmed its commitment by equipping itself for the future.

 
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