While the listed CPSUs showed a dismal growth performance during April-December 2012, their net profit contracted just over seven per cent during the period.
Tag: BHEL
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BHEL agrees to set up MEMU manufacturing unit
Bharat Heavy Electricals (BHEL) signed a Memorandum of Understanding (MoU) with the Indian Railways to set up a Greenfield MEMU coaches manufacturing facility at Bhilwara in Rajasthan. Indian Railways introduced Main Line Electric Multiple Unit Trains, popularly known as MEMU trains, in the Year 1994-95, as a mode of rapid transit system, to cate
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BHEL had order book of Rs 1.14 trillion at end Dec 2012
Weekly Insight learns that the order book of the state-run power equipment major Bharat Heavy Electricals (BHEL) stood at Rs 1.14 lakh crore as at end December 2012, less than its order book of Rs 1.17 lakh crore at the end of 2008-09. The net profit of the firm declined 17.5 per cent to Rs 1,182 crore for the three months ended December 31, on the back of decline in
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Govt set to award Maharatna status to BHEL, GAIL
The high-level secretaries' panel headed by Cabinet Secretary Ajit Kumar Seth approved the proposal to award BHEL and GAIL the coveted Maharatna status. The status would give these public sector units greater financial autonomy. Agency reports indicate that the central government would issue formal orders to this e
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Rlys to rope in contractor for LNG locomotive project
In an attempt to reduce the operating cost of locomotives, Indian Railways plans to set up a locomotive prototype equipped with a single gas turbine operating on LNG. For this purpose, the Research Design and Standards Organisation (RDSO), which is the research arm of Indian Railways, sought application from interested contractors who could develop such a locomotive
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BHEL to supply gas turbine generators
In an official statement, Bharat Heavy Electricals (BHEL) said it would supply gas turbine generator (GTG) and associated auxiliaries to
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BHEL ties-up with Shell for gas turbine supply
India’s largest power equipment manufacturer Bharat Heavy Electricals (BHEL) has said that it has signed an agreement with Shell, the Netherlands-based global energy and petrochemicals giant, for supply of gas turbines and generators over the next five years.
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BHEL sets up 5 mw solar plant
Bharat Heavy Electricals (BHEL) has set up a 5-mw grid-connected solar power plantfor Karnataka Power Corporation (KPCL) at a cost of Rs 62 crore at Shivasamudram near Mandya.
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Power lobby
Stemming largely from the super-aggressive, market-undercutting (by more than 20 per cent) Chinese manufacturers who are taking advantage of a duty-free import policy, the Indian power equipment industry stumbles and reels in its own backyard.
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BHEL bags ONGC order
BHEL has secured Rs 774 crore contract from ONGC to supply onshore drilling rigs. The order envisages supply of six onshore drilling rigs with AC drives.The equipment will be manufactured by BHEL’s Hyderabad plant, while the electrics will be manufactured by the company’s Bhopal plant.